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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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406 8120 Colonial Drive, Richmond
MLS®: R2966892
537
Sq.Ft.
1
Baths
1
Beds
1977
Built
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Description
Investor and First-Time Home Buyer Alert! 1-bedroom unit on the top floor under $400K at the popular Cherry Tree Place complex! The fridge, stove, and washer/dryer have all been newly replaced and come with warranties. The entire home has been freshly painted, and the hot water tank was installed in 2022. Move-in condition. East-facing unit, overlooking the welcoming Greenway, and enjoying the morning sun every day. Spacious balcony perfect for your afternoon tea! Playing or swimming at the outdoor pool during the summer! Steps from transit, schools, and Grauer Neighborhood School Park nearby. School catchment: Grauer Elementary & Boyd Secondary. Comes with 1 parking too.
Taxes (2025): $1,136.00
Amenities
Caretaker
Trash
Maintenance Grounds
Management
Recreation Facilities
Balcony
In Unit
Outdoor Pool
Features
Dryer
Washer
Refrigerator
Cooktop
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