225 8120 Colonial Dr, Richmond BC – Condo for Sale – MLS® R3174180

225 8120 Colonial Drive, Richmond, British Columbia V7C 4V2

2 days on the market
$308,000
Est. Mortgage $1,363/mo
Listing updated:
EstateBlock checked:
Cherry Tree Apartments
1 Beds
1 Baths
528 sqft
583 $ /sqft
300 $ Maint. fee
1977 built
NEW
2 days on the market
$308,000
Est. $1,363/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 225 8120 Colonial Drive

Affordable, bright & well-maintained 528 sf 1-bdrm apartment featuring a spacious, functional floor plan with no space wasted! Excellent tenant paying $1,600/month until Feb 28, 2027, who would love to stay; EARLIER COMPLETION/POSSESSION MAY BE NEGOTIATED. Enjoy an open view from the west-facing 44 sf balcony. Updates include, circa 2021, white 4-pc bathroom, Euro-style kitchen with a 25 sf (3' wide) pantry/storage area, hot water tank (2023), light-coloured wide-plank laminate flooring, newer light fixtures & faucets. IN-SUITE LAUNDRY! One underground covered parking stall #28 Perfect for first-time buyers, retirees or investors! Conveniently located near public transit, parks, schools (Grauer Elementary & Hugh Boyd Secondary) and shopping at Seafair & Blundell Centres.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Refrigerator, Stove
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $308,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 528
Year Built 1977
Age Of Building 49
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Trash, Maintenance Grounds, Management
Building Name Cherry Tree Apartments
Ownership Type Freehold Strata
Maintenance Fee $300
Community Features Shopping Nearby
Amenities Nearby Recreation Facilities, Trash, Maintenance Grounds, Management
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions No Cats, No Dogs, No

Lot & Land

MLS® # R3174180
Area Richmond
Neighbourhood Boyd Park
City Richmond
Postal Code V7C 4V2
Gross Taxes $1,275.23
Zoning ZLR28

Property Timeline

Status Date Price
R3174180 / Active 10-08-2026 $308,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 15'1 x 15'1 ft
Main Level Kitchen 7'11 x 7'11 ft
Main Level Bedroom 11'2 x 11'2 ft
Main Level Storage 6'10 x 6'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Westcoast

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.

About the building: Cherry Tree Place

8120 Colonial Drive, Boyd Park, Richmond

Cherry Tree Place building details

Building

Built
1980
Homes
198
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
NWS917
Managed by
Dorset Realty
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 1
Rentals
Allowed

Market at Cherry Tree Place

For sale
5
Median ask
$360K
Median $/sqft
$539
Days on market
131
Sold, past year
2
This home

$583/sqft, 8.2% above the building median of $539.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Secondary
Hugh Boyd Secondary School
Average 1.05 km 6.8/10
Elementary
R M Grauer Elementary School
Average 0.36 km 6.1/10

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
Above Average 1.36 km 8.2/10
Secondary
Maple Hill School
Average 3.06 km 5.6/10

Closest Transit

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

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 31.9%
No Certificate/Degree
Below Average 12.3%
Owner Occupied
Below Average 49.6%
Employment Rate
Above Average 68.9%

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

Sell Speed & Competition

61 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $345,268
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.93 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BOYD PARK compares
This property
2 DOM
Very fast
Boyd Park avg
52 DOM
Average
Richmond avg
52 DOM
Slower market

225 8120 Colonial Drive has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.1% below comparable active properties in Boyd Park, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 12.1% and an area average of 52 days on market — conditions are balanced. With only 919 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V7C 4V2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 4V2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Vancouver International Airport #2, Richmond (~3.9 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (18 nearby)

  • Touch of class florist · 821 m · Florist
  • Vancity · 901 m · Bank
  • Eye station optical · 902 m · Optician

Restaurants (12 nearby)

  • Sushi lovers · 254 m · Restaurant
  • Mcdonald's · 876 m · Fast Food
  • La grill and bistro · 910 m · Restaurant

Groceries (8 nearby)

  • Happy house fresh taste meats · 254 m · Butcher
  • Sunshine farms · 818 m · Greengrocer
  • The boss bakery · 935 m · Bakery

Cafes (5 nearby)

  • Coco fresh tea & juice · 903 m · Cafe
  • Starbucks · 906 m · Cafe
  • Polar bear sweet house · 922 m · Cafe

Healthcare (1 nearby)

  • Shoppers drug mart · 996 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound no. 1 rd @ moresby dr · 972 m · Transit

Schools NearBy

32 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

R M Grauer Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.1 / 10

Distance

363 m

des Navigateurs

Public

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

620 m

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

760 m

Hugh Boyd Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.8 / 10

Distance

1.05 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.19 KM

Jessie Wowk Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

1.24 KM

J.N. Burnett Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.26 KM

Alfred B Dixon Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

1.27 KM

James Gilmore Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.29 KM

Archibald Blair Elementary

Public

Grades Served

—

Catchment Info

—
8.5 / 10

Distance

1.33 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.36 KM

St Joseph the Worker

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.36 KM

James Thompson Elementary

Public

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

1.71 KM

John G Diefenbaker Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

1.83 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.89 KM

James McKinney Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

1.91 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.02 KM

Spul'u'kwuks Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.18 KM

Richmond Secondary

Public

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

2.24 KM

Steveston-London Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.24 KM

John T Errington Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.3 / 10

Distance

2.33 KM

Errington Learning Centre

Public

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.37 KM

Continuing Ed SD 38

Public

Grades Served

—

Catchment Info

—
2.6 / 10

Distance

2.49 KM

Westwind Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.62 KM

Robert A. McMath Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

2.66 KM

Mia Montessori Academy

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.69 KM

Lord Byng Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.70 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

2.76 KM

Maple Lane Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.79 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.83 KM

Manoah Steves Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

2.88 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.6 / 10

Distance

2.97 KM

Pre-computed routes from 225 8120 Colonial Dr, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    63 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    81 min
  • SFU Burnaby via Brighouse → Production Way
    88 min
  • Richmond Centre
    38 min
  • YVR Airport via Brighouse → YVR-Airport
    51 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    18 min
  • Metrotown, Burnaby via Lougheed Hwy
    17 min
  • SFU Burnaby via Gaglardi Way
    26 min
  • Richmond Centre via No. 3 Rd
    4 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

225 8120 Colonial Dr, Richmond, BC is ideally located for commuters. The property is 2.9 km from Brighouse, with a 63 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Railway Ave @ Colbeck Rd (0.11 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 225 8120 Colonial Drive

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 225 8120 Colonial Drive

/month
Principal & Interest
Property Taxes $106
Maintenance fee 300
A 20% down payment of $61,600 on this $308,000 listing yields an estimated mortgage of $1,176/month (30-year fixed, 4%). Total estimated housing cost: $1,582/month, $106 property tax, $300 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,522/month in estimated rental income against $1,617/month in mortgage payments, the monthly cashflow is -$95/month. A 27% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 225 8120 Colonial Drive, Richmond

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Boyd Park, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $308,000
Richmond Loading...
Boyd Park Loading...

Based on 3 comparable active apartments/condos in Boyd Park, the average asking price is $350,333. This listing is priced 12.1% below the neighbourhood average.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 225 8120 Colonial Drive

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

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