214 8140 COLONIAL DRIVE
Richmond, BC V7C4T7
$528,000
Amenities
Also listed: Shared Laundry, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Strata
- Strata / maintenance fee
- $550/mo
- Annual property tax
- $1,943.71 (2025)
Interior
- Heating
- Electric
- Fireplace
- None
Exterior & Lot
- Pool
- Outdoor pool
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3119751
- Listed
- May 5, 2026
- Time on market
- On the market for 118 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Magsen Realty Inc. · Data source: CREA DDF.
Description
Central of Richmond West. Most affordable Well maintained family complex Cherry Tree Place! Two-storey townhouse! Patio with wide view overlooking the court yard! Extra outside locker provide more storage space! Master bedroom with high ceiling! In-suite laundry, New paints! 2 minutes walk to Green trails, bus stop, parks, schools! Community Centre! Restaurants, Supermarkets, 7-11, gas station, and groceries nearby! Situated in a quiet and family-friendly complex with an outdoor pool and playground. Includes covered parking. Nice School Catchments: Grauer Elementary and Boyd Secondary! Open House: June 14, Sun, 2-4pm. (id:63159)
Values & Trends
This listing
$539/sqft
Building average
—
No other active listings in this building
Richmond average
$758/sqft
349 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Townhouse Market Stats — Richmond
Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.
MLS® HPI Benchmark Price
$1,035,200
Jul 2026
Average Sale Price
$995,218
Jul 2026
Monthly Sales
70
Jul 2026
Active Listings
395
Jul 2026
Sales-to-Active Ratio
18.0%
Jul 2026
Median Days to Contract
24 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
21°
Tuesday night
16°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
209,937
(2021 Census)
+5.9% since 2016
Density: 1,629.1/km²
Dwellings: 85,035
Median household income: $79,000
After-tax: $71,000
Immigrant population: 60.3%
Top countries of origin (% of total population)
- China22.1% · 46,490
- Hong Kong11.6% · 24,340
- Philippines6.5% · 13,570
- Taiwan3.7% · 7,745
- India2.6% · 5,380
- United Kingdom1.1% · 2,210
- United States of America0.8% · 1,600
- Viet Nam0.7% · 1,510
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| R M Grauer Elementary | Elementary | 352 m |
| des Navigateurs | Elementary | 580 m |
| Donald E McKay Elementary | Elementary | 878 m |
| Hugh Boyd Secondary | Elementary | 1.1 km |
| James Gilmore Elementary | Elementary | 1.1 km |
| Jessie Wowk Elementary | Elementary | 1.2 km |
| St Joseph the Worker(Independent) | Elementary | 1.2 km |
| Quilchena Elementary | Elementary | 1.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Northbound Railway Ave @ Colbeck Rd | — | 106 m |
| Southbound Railway Ave @ Colbeck Rd | — | 119 m |
| Southbound Railway Ave @ Blundell Rd | — | 283 m |
| Northbound Railway Ave @ 8600 Block | — | 301 m |
| Southbound Railway Ave @ 8600 Block | — | 320 m |
Nearby Places
Restaurants (1)
- Sushi Lovers346 m
Parks (3)
- Grauer Neighbourhood School Park · 4440 Blundell Road291 m
- Kilgour Neighbourhood School Park534 m
- Railway Greenway548 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.3% ($27,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.