319 8120 Colonial Dr, Richmond, BC, MLS® R2917028

$355,000
Est. Mortgage /mo

Closed

$340,000
$375,000
Closed at 17 Jan 2025
Listing price: $355,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 274.72 Maint. Fee
528 sqft
1977 built
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Map
Street view
Schools
Crime
Commute
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319 8120 Colonial Dr, Richmond, BC | MLS® R2917028 Property Details

RARE FIND! Welcome to Cherry Tree Place. Come and explore this 1-bedroom unit located at a quiet pocket in Richmond. One of the best-priced FREEHOLD strata unit in Richmond. Well-maintained unit that is perfect for both end-users and investors. The unit comes with 1 designated parking spot.

General Info

Price $355,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 528
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1977
Age Of Building 48
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Maintenance Grounds, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2917028
Area Richmond
Neighbourhood Boyd Park
City Richmond
Gross Taxes $1,010.51
Ownership Type Freehold Strata
Maintenance Fee $274.72
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed
Pet Restrictions No
Rental Restrictions -
Zoning ZLR28
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Carpet
Foundation Other
Interior Features Elevator
View 1
View Description OPEN
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: 1NE Collective Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Hugh Boyd Secondary School
1.03 km
Elementary
R M Grauer Elementary School
0.36 km
Elementary
R M Grauer Elementary School
0.36 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Joseph the Worker School
1.26 km
Secondary
City Vancouver Academy
4.64 km

Closest Transit

Bus Stop
Northbound Railway Ave @ Colbeck Rd
0.11 km
Skytrain
Skytrain @ Brighouse Stn
2.94 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

319 8120 Colonial Drive is serviced by R M Grauer Elementary School. The property with listing MLS® R2917028 is located 0.36 km from the school. R M Grauer Elementary School has a rating of No Rating.

This home with address 319 8120 Colonial Drive, Richmond, BC is also serviced by Hugh Boyd Secondary School and located 1.03 km from it. Hugh Boyd Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 319 8120 Colonial Drive is St.Joseph the Worker School with School's rating No Rating, located 1.26 km from this home.

The closest to this address 319 8120 Colonial Drive Secondary independent school is City Vancouver Academy with School's rating No Rating, located 4.64 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 319 8120 Colonial Drive, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2917028 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 319 8120 Colonial Drive are Average. Property misconduct rating adjacent to MLS® R2917028 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Northbound Railway Ave @ Colbeck Rd in 0.11 km away from this listing with - MLS® R2917028.

31.9% of people with university certificate/degree live in this neighbourhood adjacent to the 319 8120 Colonial Drive which is Above Average in comparison with other BC neighbourhoods. 12.3% of population in this neighbourhood that is near the Listing MLS® R2917028 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 319 8120 Colonial Drive, Richmond, BC is $63915 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2917028 is $28335 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 49.6% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2917028 is 5.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 319 8120 Colonial Drive Boyd Park where population change between 2011 and 2016 was -3.4%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 319 8120 Colonial Drive, Richmond, BC is 3985 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 319 8120 Colonial Drive is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2917028 is 68.9% and it is Above Average. % of Married or living common law is around 58.5% and it is Average.

Average age of the population close to the 319 8120 Colonial Drive is 43.2 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 319 8120 Colonial Drive, Richmond, BC is $1291699 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 319 8120 Colonial Drive. $1492 owners spent in average for the dwelling. Tenants are paying $1581 in this district close to MLS® R2917028 and it is High comparing to other cities.

27.3% of Population in this district near the 319 8120 Colonial Drive are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 319 8120 Colonial Drive, Richmond, BC is 6.6%, it is Average, % of English speakers only is 83.5% and Below Average. % of French speakers adjacent to 319 8120 Colonial Drive only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 319 8120 Colonial Drive, Richmond, BC is 9.8% and it is High comparing to other BC cities.

20.1% of all population in the area around this property with the address 319 8120 Colonial Drive, Richmond, BC using Public Transport which is Above Average, 74.4% of using population are using Cars around MLS® R2917028, which is Below Average. 2.4% of people using Bicycles around the 319 8120 Colonial Drive and it is Above Average. 1.8% of population are walking which is Low

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 274.72
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $355,000
Richmond $313,287
Boyd Park $325,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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