Investor Alert! Seize this exceptional investment opportunity with a Cap Rate of 4.2% in Richmond's desirable Boyd Park neighbourhood. This 2 bedroom + den, 1 bathroom condo offers 687 sq ft of well-designed living space, making it an ideal addition to any rental portfolio. Fantastic tenants and great monthly rent ($2275) on a long term lease (fixed until May 2027) equals piece of mind. Outdoor pool and well-maintained grounds provides added value. Strong rental demand in the area means low vacancy rates and long-term appreciation. Near the West Dyke Trail, IB Hugh Boyd Secondary and Safeway. One parking included. *some photos virtually staged* OPEN HOUSE SAT May 24th from 2-4pm.
Data was last updated August 11, 2025 at 05:40 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,643,500
Min list price:
$449,900
Max list price:
$4,380,000
Avg days on market:
77
Min days on market:
6
Max days on market:
277
Avg price per sq.ft.:
$700.08
These statistics are generated based on the current listing's property type
and located in
Boyd Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.