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Building & Condo information

Cherry Tree Place

8040 Colonial Drive


Richmond, V7C 4V1 VRI31 - Boyd Park

  • Levels: 3
  • Suites: 114
  • Status: Completed
  • Built: 1979
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: NWS917
  • Management company:  Self Managed
  • On Site Manager Contact: , dwong@CrosbyPM.com
  • Bldg#: 6267

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Cherry Tree Place MLS® Listings

317 8120 COLONIAL .. 1 Bed, 1 Bath,523 Sqft.  $300,000 Jovi Realty (Richmond) Inc.
214 8040 COLONIAL .. 3 Bed, 1 Bath,1050 Sqft.  $458,000 Luxmore Realty
317 8120 COLONIAL .. 1 Bed, 1 Bath,523 Sqft.  $300,000 Jovi Realty (Richmond) Inc.
(Nearby Listing)
214 8040 COLONIAL .. 3 Bed, 1 Bath,1050 Sqft.  $458,000 Luxmore Realty
(Nearby Listing)

MLS® Listings Summary (2) New Projects under Construction  Area MLS® Listings  Our Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2509150 317 8120 Colonial Drive 1 Storey 1 1 523 $272 $300,000 N/A
2 R2523642 214 8040 Colonial Drive 3 Storey 3 1 1,050 $470 $458,000 N/A
Listings Listed By:  1. Jovi Realty (Richmond) Inc.    2. Luxmore Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

MLS® Disclaimer for BC: 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.

Building Info

Cherry Tree Place - 8040 Colonial Drive, Richmond, BC V7C 4V1 NWS917. Located in West Richmond Area on Colonial Drive. Cherry Tree Place is an affordable family-oriented townhouse complex well known for its park-like setting and well maintained grounds. This is a central location that is close to transit. Direct access to the Railway Avenue, No 1 Road and other major routes allows an easy commute to surrounding destinations including Steveston Village, fantastic Terra Nova Rural Park, Quilchena Golf and Country Club and direct routes to Vancouver, New Westminster and Burnaby. Cherry Tree Place is just a short stroll to Grauer Elementary and Burnett Secondary Schools, Thompson and West Richmond Community Centre, Seafair Shopping Centre, Blundell Pizza, Takeya Sushi and Hugh Boyd Park with its great sport facilities. Convenient location offers very short drive to Blundell Plaza, Richmond Central Mall and Garden City Plaza. Cherry Tree Place offers 114 units in a well maintained, recently updated three level complex built in 1979. Most units have patio or private large balcony, covered parking stall, in suite laundry, excellent floor plan, bright and spacious, laminate floor and tile and lots of space for storage. Complex offers outdoor pool, hot tub, club house, playground, recreation centre and caretaker. Cherry Tree Place is a well maintained complex. Cherry Tree Place offers great living in the heart of the desirable, quiet and peaceful area.

Strata Sub Categories: Strata
 

Cherry Tree Place Technical Info

Building Name Cherry Tree Place
Address 8040 Colonial Drive
City Richmond
Neighborhood Boyd Park
Listing Price Range N/A
Floors 3
Units in Development: 198
Units in Strata:114
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1979
ManagementSelf Managed
Restrictions Details
Strata Plan NWS917
Title to Land Freehold Strata
  

Cherry Tree Place Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Cherry Tree Place - 8060 COLONIAL DRIVE - NWS917
  2. B Cherry Tree Place - 8020 COLONIAL DRIVE - NWS917
  3. C Cherry Tree Place - 8120 COLONIAL DRIVE - NWS917
  4. D Cherry Tree Place - 8140 COLONIAL DRIVE - NWS917
  5. E Cherry Tree Place - 8160 COLONIAL DRIVE - NWS917
  6. F Cherry Tree Place - 8180 COLONIAL DRIVE - NWS917
  7. G Shangri-la Living - 0 ROAD -
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December 2020 Market Insights

November 2020 Market Insights

REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000

October 2020 Market Insights

October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes

September 2020 Market Insights

September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year

August 2020 Market insights

Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Learn about Speculation and Vacancy Tax

The speculation and vacancy tax is designed to turn empty homes into housing for British Columbians, and ensure foreign owners and those with primarily foreign income contribute fairly to B.C.’s tax system.


Speculation and Vacancy Tax #LesTwarog
2021/01/22 other
2 Over 2000 Active Listings for Condo Apartments for Sale, over 172% of Supply at the End of 2020 Compared to 2019 - City of Toronto

Overall, the City of Toronto had 1,972 more active listings for condo apartments in December 2020 compared to the year prior. With 3,120 active condo listings available in the City of Toronto at the end of December, this represented a 172% increase y-o-y or 2.7x more active listings than at the end of December 2019. 


City of Toronto Had Nearly 2,000 More Condo Apartments For Sale at the End of
2021/01/21 other
3 Condo market is up with sales surging 90% y-o-y on the MLS on the first two weeks of January 2021

The optimism began manifesting late last year with condo sales in December increasing by 75.9% year-over-year in the City of Toronto, according to the Toronto Regional Real Estate Board’s latest data. The impetus for renewed confidence in the condo market was likely news that COVID-19 vaccines are available for distribution.


GTA condo sales jump 90% in first two weeks of January #LesTwarog
2021/01/19 Canadian Real Estate Wealth
4 The latest housing boom has also driven eye-popping price increases in areas that remain affordable

This time, though, the faster property appreciation isn’t happening in Vancouver and Toronto, two of Canada’s priciest markets, but in areas that were — at least until recently — affordable.


Pandemic housing boom means affordability is no longer just a big-city problem
2021/01/16 other
5 Housing experts doubt that the tax has had much effect on either the rental market or affordability

 “This change in behaviour, and the tax continuing to capture speculators while exempting almost all British Columbians, shows this tax is working for the people of our province,” Finance Minister Selina Robinson said in the statement.


Speculation tax a failure, critics contend #LesTwarog
2021/01/12 Western Investor
More News