418 8120 COLONIAL DR, Richmond BC V7C 4V2, Richmond, BC

$488,000
Est. Mortgage /mo

MLS® R2858887

Closed

$495,000
Closed at 23 Apr 2024
Listing price: $488,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
1 Stories
$ 378.63 Maint. Fee
690 sqft
1980 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Cherry Tree Place! Freshly updated 2 beds 1 bath unit with functional layout located in the heart of Richmond. Newer paint, Newer Carpet, Newer Kitchen etc.. Very Well-Maintained and Cared! Convenient location near Graur Elementary and Burnett Secondary School. Close to Seafair, Lackner and Quilchena. Transit stop less than 3 minute walk.

General Info

Price $488,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 690
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1980
Age Of Building 44
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Washer
Building Amenities Trash, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2858887
Area Richmond
Neighbourhood Boyd Park
City Richmond
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $378.63
Community Features Shopping Nearby
Amenities Nearby Trash, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Other

Parking

Parking Type Other
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RES
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Other, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 65
Exterior Features Garden, Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Sold 04-23-2024 $488,000
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Listed by: RE/MAX Crest Realty

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
1.04 km
No Rating
Elementary
R M Grauer Elementary School
0.35 km
No Rating
Elementary
R M Grauer Elementary School
0.35 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Joseph the Worker School
1.27 km
No Rating
Secondary
City Vancouver Academy
4.64 km
No Rating

Closest Transit

Translink
Northbound Railway Ave @ Colbeck Rd
0.11 km

418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 is serviced by R M Grauer Elementary School. The property with listing MLS® R2858887 is located 0.35 km from the school. R M Grauer Elementary School has a rating of No Rating.

This home with address 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, Richmond, BC is also serviced by Hugh Boyd Secondary School and located 1.04 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 is St.Joseph the Worker School with School's rating No Rating, located 1.27 km from this home.

The closest to this address 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 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 - 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, 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® R2858887 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 are Average. Property misconduct rating adjacent to MLS® R2858887 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® R2858887.

31.9% of people with university certificate/degree live in this neighbourhood adjacent to the 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 which is Above Average in comparison with other BC neighbourhoods. 12.3% of population in this neighbourhood that is near the Listing MLS® R2858887 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, Richmond, BC is $63915 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2858887 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 # R2858887 is 5.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, Richmond, BC is 3985 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 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® R2858887 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 is 43.2 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2. $1492 owners spent in average for the dwelling. Tenants are paying $1581 in this district close to MLS® R2858887 and it is High comparing to other cities.

27.3% of Population in this district near the 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, Richmond, BC is 6.6%, it is Average, % of English speakers only is 83.5% and Below Average. % of French speakers adjacent to 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, 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 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2, Richmond, BC using Public Transport which is Above Average, 74.4% of using population are using Cars around MLS® R2858887, which is Below Average. 2.4% of people using Bicycles around the 418 8120 COLONIAL DRIVE, Richmond BC V7C 4V2 and it is Above Average. 1.8% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 378.63
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $488,000
Richmond $388,000
Boyd Park No comparables
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
Call or Text Now!
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