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 June 24, 2025 at 02:35 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$1,688,000
Min list price:
$449,900
Max list price:
$4,380,000
Avg days on market:
68
Min days on market:
8
Max days on market:
229
Avg price per sq.ft.:
$719.78
These statistics are generated based on the current listing's property type
and located in
Boyd Park. Average values are
derived using median calculations.