Condo
$308,000
27% less per sq ft225 8120 COLONIAL DRIVE
Richmondlisted today
MLS® R3174180
1 / 31
3 bed · 1 bath · 1,092 sq ft · 1 parking
Condo · Single Family · built 1975 · 942 days on market
Listed by Carolyn Chen, Latitude Realty Inc.
Realtor's description
Bistol Court (Leasehold) - in the South Arm area! This bright and quiet unit offers 3 bdrms 1 bath, spacious living/dining area plus a big NE facing balcony with a good view. Updates on kitchen including marble countertops , stylish closets , new stove, new range hood and new dishwasher 8 years ago; Major renovation includes new roof, external walls, balcony, double-insulated aluminum sliding door and windows ,new paint on common areas had been done. Maintenance fee $1039.44 per month, including property tax, cold & hot water , garbage collection and management. Rentals allowed, no pets allowed. Shared laundry. No dishwasher allowed. Walking distance to Broadmoor shopping mall, Community centre and transit. Bridge Elementary & McRoberts Secondary catchment. Great for living or investment!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,092 sq ft
- Parking
- 1
- Year built
- 1975
- Strata fee
- $833 / mo ($0.76 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 942
- MLS®
- R2857755
Features
- Pets not Allowed
- Refrigerator
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$1,958/mo
Mortgage $1,124 · Strata $833
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,500/mo
- After all costs
- $307/mo
- Cap rate
- 6.7%
- yearly net rent ÷ price
Costs: mortgage $1,124 · strata $833 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Richmond (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary William Bridge Elementaryhomes in this catchment
200 m away · 10400 Leonard Rd, Richmond · 604-668-6236
- Secondary Hugh McRoberts Secondaryhomes in this catchment
600 m away · 8980 Williams Rd, Richmond · 604-668-6600
From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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