A $449,000.00 Apartment/Condo with 2 bedrooms in Boyd Park, Richmond At 407 - 8120 Colonial Drive Richmond (Boyd Park)
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Investor Alert! Seize this exceptional investment opportunity with a Cap Rate of 4.2% in Richmond's desirable Boyd Park neighbourhood. This 2 bedroom + den, 1 bathroom condo offers 687 sq ft of well-designed living space, making it an ideal addition to any rental portfolio. Fantastic tenants and great monthly rent ($2275) on a long term lease (fixed until May 2027) equals piece of mind. Outdoor pool and well-maintained grounds provides added value. Strong rental demand in the area means low vacancy rates and long-term appreciation. Near the West Dyke Trail, IB Hugh Boyd Secondary and Safeway. One parking included. *some photos virtually staged* OPEN HOUSE SAT May 24th from 2-4pm.
Please get in touch if you have any questions regarding 407 - 8120 Colonial Drive or you would like to schedule a showing.
Get in touch407 - 8120 Colonial Drive | |
R3004514 | |
Apartment/Condo | |
$449,000.00 Can you afford this? | |
$653.57 | |
19 | |
Richmond | |
Boyd Park | |
Stilhavn Real Estate Services | |
687 Sqft. | |
2 | |
1 | |
1977 | |
None | |
$388.42 | |
V7C 4V2 | |
ZLR48 | |
$1,342.17 | |
2024 | |
No | |
Balcony |