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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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225 8120 Colonial Drive, Richmond
MLS®: R3048359
528
Sq.Ft.
1
Baths
1
Beds
1977
Built
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Description
Cozy one bedroom with and in-suite laundry making this a perfect starter home. Nestled in a quite neighbourhood with beautifully manicured landscaping, the unit''s balcony faces west with views of Grauer Neighbourhood School Park and Cherry Tree Place pool. Affordable strata fees. Includes 1 parking spot. Rentals allowed. Catchment schools include Grauer Elementary, Hugh Boyd Secondary. Building has elevator access. Unit previously rented out at $1900/month.
Taxes (2025): $1,277.80
Amenities
Caretaker
Trash
Maintenance Grounds
Management
Snow Removal
Balcony
Elevator
In Unit
Outdoor Pool
