203 8040 Colonial Dr, Richmond, BC, MLS® R3007062

$560,000
Est. Mortgage /mo

25.3% price reduce

$560,000
$750,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
1 Baths
3 Stories
$ 553.51 Maint. Fee
1050 sqft
1977 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

203 8040 Colonial Dr, Richmond, BC | MLS® R3007062 Property Details

25.3% price reduce

Spacious 3-bedroom, 1-bath townhouse with 1050 sq ft of well-designed living space in a peaceful, family-oriented community. Enjoy access to great amenities including an outdoor pool, playground, and clubhouse-perfect for kids and active families. Conveniently located near Grauer Elementary, Hugh Boyd Secondary, West Richmond Community Centre, and Seafair Shopping Centre for groceries, dining, and services. Parks, green spaces, and scenic walking trails are nearby. Transit is steps away for easy commuting. Pet-friendly complex allows one pet, making it ideal for families, first-time buyers, or investors seeking value in Richmond.

General Info

Price $560,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1050
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1977
Age Of Building 48
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3007062
Area Richmond
Neighbourhood Boyd Park
City Richmond
Gross Taxes $1,752.96
Ownership Type Freehold Strata
Maintenance Fee $553.51
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
View -
View Description -
Units In Development 411
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Parallel 49 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
1.14 km
Elementary
R M Grauer Elementary School
0.3 km
Elementary
R M Grauer Elementary School
0.3 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Joseph the Worker School
1.38 km
Secondary
City Vancouver Academy
4.56 km

Closest Transit

Bus Stop
Southbound Railway Ave @ Blundell Rd
0.09 km
Skytrain
Skytrain @ Brighouse Stn
2.89 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 203 8040 Colonial Drive, a beautiful home in the vibrant city of Richmond, BC. As your trusted realtor, I'm excited to share with you the wonderful features of this property and the surrounding community.

Education

First, let's talk about the highly-rated schools in the area. Your kids will thrive at R M Grauer Elementary School, a short 0.3 km walk from this stunning home. With a rating of No Rating, I can assure you that this school is a great place for your children to learn and grow. And if you're thinking about secondary education, Hugh Boyd Secondary School is just 1.14 km away, also with a rating of No Rating. Additionally, if you're interested in independent schools, St.Joseph the Worker Elementary School is 1.38 km from this property, with a rating of No Rating, and City Vancouver Academy Secondary School is 4.56 km away, also with a rating of No Rating.

Safety and Crime Rates

Now, let's discuss the safety and crime rates in the area. According to the latest data from Statistics Canada (2020), this neighbourhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The rate of incidents per 100,000 population is a reliable indicator of a community's safety. In this case, the rate is 7,826.57, which is Average. Furthermore, the year-by-year change in the total crime rate is -3.39%, indicating a stable and secure environment.

Demographics and Lifestyle

As we explore the demographics of this community, you'll see that 31.9% of the population holds a university certificate or degree, which is Above Average compared to other BC neighbourhoods. On the other hand, 12.3% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income in this area is $63,915, which is Average compared to the British Columbia average. Additionally, the median personal income is $28,335, which is Below Average compared to the BC average.

Transit and Commuting

When it comes to transit, this home is conveniently located near the Southbound Railway Ave @ Blundell Rd bus station, just 0.09 km away. You'll have easy access to public transportation, making it simple to get around the city. According to the data, 20.1% of the population uses public transport, which is Above Average. On the other hand, 74.4% of the population uses cars, which is Below Average.

Lifestyle Amenities and Community Features

Now, let's talk about the wonderful lifestyle amenities and community features in the area. The average size of families in this community is 2.9, which is Average compared to the whole region. The percent of families with children is 68.9%, which is Above Average. The average age of the population is 43.2, which is Above Average compared to other BC cities.

Real Estate and Home Ownership

As we explore the real estate context, you'll see that the average value of dwellings in this neighbourhood is $1,291,699, which is High compared to other areas in British Columbia. The average owner payments are Above Average in this area, with $1,492 spent on average for the dwelling. Tenants are paying $1,581 in this district, which is High compared to other cities.

Language and Transportation

Finally, let's discuss the language and transportation patterns in the area. The percent of English and French speakers is 6.6%, which is Average. The percent of English speakers only is 83.5%, which is Below Average. The percent of French speakers only is 0.1%, which is Low. The percent of Neither English nor French speakers is 9.8%, which is High compared to other BC cities.

In conclusion, 203 8040 Colonial Drive, in Richmond, BC (MLS® R3007062), is a wonderful home in a vibrant community with excellent schools, a stable and secure environment, and easy access to public transportation. I invite you to explore this beautiful property and experience the best of Richmond, BC, for yourself.

Contact me today to schedule a viewing and make this stunning home your own!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $560,000
Richmond $766,000
Boyd Park $604,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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