$388,500
By car (off-peak)
Sold
Welcome to Cherry Tree Place! This affordable 1-bedroom condo offers 523 sq ft of comfortable living in a quiet, family-friendly community in Richmond’s Boyd Park. Featuring laminate flooring, and in-suite laundry, this upper-level unit is bright and well-kept with a functional layout and peaceful views of surrounding greenery. Enjoy access to outdoor pool, playground, and nearby walking trails. Rentals allowed, low strata fees, and 1 parking. Just steps to transit, schools, shopping, and the Grauer Neighborhood School Park nearby. Perfect for first-time buyers or investors!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Refrigerator, Stove |
| Interior Features | Elevator |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Multi Family, Residential Attached |
| Price | $360,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 523 |
| Year Built | 1977 |
| Age Of Building | 48 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management |
| Building Name | Cherry Tree Place |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $297.43 |
| Amenities Nearby | Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Guest, Front Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Cats OK, Dogs OK, Yes With Restrictions |
| Rental Suites | None |
| Units In Development | 198 |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3035978 |
| Area | Richmond |
| Neighbourhood | Boyd Park |
| City | Richmond |
| Postal Code | V7C 4V2 |
| Gross Taxes | $1,120.8 |
| Zoning | APT |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10'7 x 10'7 ft |
| Main Level | Dining Room | 10'7 x 10'7 ft |
| Main Level | Kitchen | 7'9 x 7'9 ft |
| Main Level | Primary Bedroom | 10'0 x 10'0 ft |
| Main Level | Storage | 5'8 x 5'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Royal LePage Westside
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
322 8120 Colonial Drive has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.4% below comparable active properties in Boyd Park, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.4% and an area average of 54 days on market — buyers have more leverage. With only 775 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.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.9 km). Annual avg AQHI 2.2 — Low Risk.
Richmond currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
322 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).
Based on 5 comparable active apartments/condos in Boyd Park, the average asking price is $355,000. This listing is priced 1.4% above the neighbourhood average. This property is flagged as a Hot Deal (7.3% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$385,000
413 8120 Colonial Drive, Richmond, BC
$398,000
505 9320 Parksville Drive, Richmond, BC
$318,000
308 7240 Lindsay Road, Richmond, BC
$338,800
213 7240 Lindsay Road, Richmond, BC
$308,000
305 7260 Lindsay Road, Richmond, BC
$398,000
218 7591 Moffatt Road, Richmond, BC
$429,900
106 7591 Moffatt Road, Richmond, BC
$380,000
126 7295 Moffatt Road, Richmond, BC
$359,900
206 7295 Moffatt Road, Richmond, BC
$399,999
254 7293 Moffatt Road, Richmond, BC
$398,000
162 7293 Moffatt Road, Richmond, BC
7.8% price reduction
$356,000
116 7760 Moffatt Road, Richmond, BC
