$360,000

322 8120 COLONIAL DRIVE

Richmond BC V7C 4V2 - Boyd Park
1 bd
1 ba
523 sqft
Built 1977

About This Property

Welcome to Cherry Tree Place! This affordable 1-bedroom condo offers 523 sq ft of comfortable living in a quiet, family-friendly community in Richmond’s Boyd Park. Featuring laminate flooring, and in-suite laundry, this upper-level unit is bright and well-kept with a functional layout and peaceful views of surrounding greenery. Enjoy access to outdoor pool,…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Elevator
Garden
Balcony
Open
Guest
Front Access
Room measurements5 rooms▸
Living RoomMain · 10'0 × 10'7
Dining RoomMain · 5'0 × 10'7
KitchenMain · 7'3 × 7'9
Primary BedroomMain · 9'4 × 10'0
StorageMain · 3'0 × 5'8

Property Details

MLS NumberR3035978
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet523
Year Built1977
HeatingBaseboard, Electric
Strata Fee$297.43/mo
Days on Market443
StatusActive
Listed ByRoyal LePage Westside

School Catchment

Elementary Grauer
Secondary Boyd

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$84,000Median household income
72.2%Owner-occupied
45.3%Single-detached homes
2.6Avg household size
47.6Median age
42.7%Bachelor's degree or higher (25-64)
59.4%Commute under 30 min
80%Drive to work
55.9%Foreign-born residents
6,618Neighbourhood population

Age

Under 15: 13%15 to 64: 64.7%65 and over: 22.3%
  • Under 1513%
  • 15 to 6464.7%
  • 65 and over22.3%

Household size

  • 1 person24.4%
  • 229.3%
  • 320.2%
  • 417%
  • 5 or more9.1%

Language spoken at home

38.2% English mother tongue

  • Mandarin18.4%
  • Cantonese16.8%
  • English + other5.5%
  • Tagalog4.8%
  • Japanese1.4%
  • Punjabi1.2%
  • All others13.7%

Mother tongue, share of 6,605 residents.

How this pocket differs

  • more Tagalog speakers than Richmond 4.8% vs 3.7%
  • fewer Cantonese speakers than Richmond 16.8% vs 21.5%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $2,120
Mortgage payment$1,685
Strata fee$297
Property tax$93
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 23

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