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Building & Condo Information

Cherry Tree Place8020 Colonial Building

8020 Colonial Dr.

Richmond, BC V7C 4V1

Levels4
Suites198
StatusCompleted
Built1980
Title to LandFreehold Strata
Strata PlanNWS917
ConstructionFrame - Wood
AreaRichmond
NeighbourhoodBoyd Park

$413,225Avg Asking

3Sold (1yr)

$393,667Avg Sold

$554Avg $/Sqft

View all 4 active listings » Contact Our Team Now!

📞 Call Les Twarog: 604.671.7000

Overview

Cherry Tree Place - 8020 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 198 units in a well maintained, recently updated three level complex built in 1980 with interior design by Danial Thompson of Arterior Designs. Most units have patio or private large balcony with wide open views, 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 with the new roof installed in 2009 and many other updates. Cherry Tree Place offers great living in the heart of the desirable, quiet and peaceful area.

🔍 5 photos · slideshow

Cherry Tree Place

📞 604.671.7000 Contact

Les Twarog & Team

RE/MAX Crest Realty · Your Cherry Tree Place specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

For Sale in Cherry Tree Place & Complex

Date	Address	Status	Bed	Bath	Price	Sqft	Strata Fee	Tax	Listed By
2026-05-05	214 8140 Colonial Dr.	Active	3	1	$528,000 ($539/sf)	980	$550	$1944 (2025)	Magsen Realty Inc.
2026-08-04	401 8120 Colonial Dr.	Active	2	1	$399,900 ($586/sf)	683	$427	$1583 (2025)	RE/MAX City Realty
2026-05-08	413 8120 Colonial Dr.	Active	2	1	$365,000 ($529/sf)	690	$390	$1608 (2025)	Interlink Realty
2025-08-11	322 8120 Colonial Dr.	Active	1	1	$360,000 ($688/sf)	523	$297	$1121 (2024)	Royal LePage Westside
	Avg				$413,225	719

Cherry Tree Place Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2026-08-13	213 8040 Colonial Dr.	3	1	908	$455,000	$439,000 ($483/sf)		$550	$1943 (2025)	RE/MAX City Realty
2026-05-10	102 8040 Colonial Dr.	2	1	727	$449,999	$440,000 ($605/sf)		$441	$1555 (2025)	RE/MAX Crest Realty
2025-12-11	217 8120 Colonial Dr.	1	1	528	$339,900	$302,000 ($572/sf)		$300	$1278 (2025)	RE/MAX Westcoast
2025-07-03	205 8160 Colonial Dr.	3	1	943	$539,800	$525,000 ($557/sf)		$438	$1623 (2024)	Parallel 49 Realty
2025-05-29	209 8160 Colonial Dr.	3	1	908	$598,000	$580,000 ($639/sf)		$479	$1623 (2024)	Sutton Group Seafair Realty
2025-05-28	407 8120 Colonial Dr.	2	1	687	$449,000	$430,000 ($626/sf)		$388	$1342 (2024)	Stilhavn Real Estate Services
2025-04-02	212 8120 Colonial Dr.	1	1	528	$379,900	$365,000 ($691/sf)		$300	$1119 (2024)	RE/MAX Westcoast
2025-03-27	214 8040 Colonial Dr.	3	1	1052	$618,000	$604,000 ($574/sf)		$506	$1753 (2024)
2025-03-03	204 8140 Colonial Dr.	3	1	1092	$599,900	$610,000 ($559/sf)		$554	$1751 (2024)	Dracco Pacific Realty
2025-03-02	406 8120 Colonial Dr.	1	1	537	$399,000	$368,888 ($687/sf)		$300	$1136 (2025)
2025-01-23	203 8020 Colonial Dr.	3	1	1096	$645,000	$630,000 ($575/sf)		$506	$1631 (2023)
2025-01-09	211 8180 Colonial Dr.	3	1	1116	$594,000	$592,000 ($530/sf)		$506	$1420 (2023)
2024-12-02	319 8120 Colonial Dr.	1	1	528	$355,000	$340,000 ($644/sf)		$275	$1011 (2023)	1NE Collective Realty Inc.
2024-10-17	211 8060 Colonial Dr.	3	1	1176	$588,000	$575,000 ($489/sf)		$536	$1712 (2023)	Macdonald Realty
2024-08-12	204 8160 Colonial Dr.	3	1	943	$629,000	$615,000 ($652/sf)		$437	$1487 (2023)	Luxmore Realty
2024-07-05	105 8040 Colonial Dr.	2	1	727	$519,900	$500,000 ($688/sf)		$350	$1223 (2023)	Engel & Volkers Vancouver
2024-04-21	215 8140 Colonial Dr.	3	1	975	$629,900	$629,000 ($645/sf)		$437	$1487 (2023)	Macdonald Realty Westmar
2024-04-14	103 8060 Colonial Dr.	2	1	727	$499,000	$523,000 ($719/sf)		$366	$1223 (2023)	Sutton Group Seafair Realty
2024-03-16	418 8120 Colonial Dr.	2	1	690	$488,000	$495,000 ($717/sf)		$379
2024-03-15	101 8120 Colonial Dr.	1	1	658	$448,000	$445,000 ($676/sf)		$357	$1188 (2023)
2024-03-03	103 8140 Colonial Dr.	2	1	758	$525,000	$525,000 ($693/sf)		$350	$1221 (2023)
2024-01-10	102 8160 Colonial Dr.	2	1	769	$535,900	$524,000 ($681/sf)		$350		Investa Prime Realty
2023-12-31	305 8120 Colonial Dr.	2	1	690	$489,000	$482,500 ($699/sf)		$376	$1205 (2023)
2023-11-06	305 8120 Colonial Dr.	1	1	678	$438,000	$395,000 ($583/sf)		$376	$1205 (2022)	Multiple Realty Ltd.
2023-10-17	202 8040 Colonial Dr.	3	1	1112	$599,800	$550,000 ($495/sf)		$535	$1718 (2023)	Nu Stream Realty Inc.
2023-08-23	324 8120 Colonial Dr.	2	1	698	$488,800	$470,000 ($673/sf)		$378	$1050 (2022)	Magsen Realty Inc.
2023-07-28	102 8180 Colonial Dr.	2	1	748	$499,000	$490,000 ($655/sf)		$350	$1088 (2022)
2023-07-25	310 8120 Colonial Dr.	2	1	695	$459,900	$465,000 ($669/sf)		$379	$1050 (2023)
2023-05-14	209 8140 Colonial Dr.	3	1	949	$559,000	$570,000 ($601/sf)		$417	$1360 (2022)
2023-05-11	227 8120 Colonial Dr.	2	1	690	$465,000	$465,000 ($674/sf)		$368	$999 (2021)
2023-04-01	216 8140 Colonial Dr.	3	1	962	$538,000	$535,000 ($556/sf)		$463	$1360 (2023)	Nu Stream Realty Inc.
2023-03-07	212 8140 Colonial Dr.	2	1	908	$535,000	$525,000 ($578/sf)		$462	$1226 (2021)	Sunstar Realty Ltd.
2023-02-12	104 8040 Colonial Dr.	2	1	732	$510,000	$499,000 ($682/sf)	125	$334	$1119 (2021)	Homeland Realty
2023-02-05	213 8120 Colonial Dr.	1	1	528	$387,000	$375,000 ($710/sf)	10	$281	$790 (2022)	Team 3000 Realty Ltd.
2022-06-28	211 8040 Colonial Dr.	3	1	1110	$499,000	$600,000 ($541/sf)	8	$482	$1407 (2021)	Nu Stream Realty Inc.
2022-06-06	211 8180 Colonial Dr.	3	1	1116	$499,000	$599,000 ($537/sf)	13	$482	$1408 (2021)	Royal Pacific Realty Corp.
2022-05-23	211 8140 Colonial Dr.	2	1	908	$599,000	$600,000 ($661/sf)	18	$457	$1226 (2021)	Nu Stream Realty Inc.
2022-05-22	304 8120 Colonial Dr.	2	1	690	$448,000	$450,000 ($652/sf)	17	$361	$983 (2021)	RA Realty Alliance Inc.
2022-04-27	102 8160 Colonial Dr.	2	1	759	$499,000	$562,000 ($740/sf)	8	$334	$1120 (2021)	Team 3000 Realty Ltd.
2022-03-07	103 8120 Colonial Dr.	1	1	646	$455,900	$450,000 ($697/sf)		$355	$961 (2021)	RE/MAX Crest Realty
2022-03-07	214 8180 Colonial Dr.	3	1	1076	$568,000	$578,000 ($537/sf)	7	$470	$1408 (2021)	Multiple Realty Ltd.
2022-02-21	401 8120 Colonial Dr.	2	1	683	$450,000	$425,000 ($622/sf)	14	$355	$1027 (2021)	Century 21 Coastal Realty Ltd.
2022-02-21	208 8120 Colonial Dr.	1	1	523	$368,000	$383,000 ($732/sf)	7	$272	$782 (2021)	Regent Park Fairchild Realty Inc.
2021-12-21	102 8160 Colonial Dr.	2	1	759	$468,000	$501,800 ($661/sf)	15	$375	$1084 (2020)	RE/MAX Westcoast
2021-12-03	324 8120 Colonial Dr.	1	1	683	$369,000	$373,000 ($546/sf)	10	$355	$959 (2020)	RE/MAX City Realty
2021-11-24	209 8040 Colonial Dr.	3	1	940	$489,000	$470,000 ($500/sf)	37	$407	$1188 (2020)	RE/MAX Crest Realty
2021-10-12	326 8120 Colonial Dr.	1	1	690	$379,000	$370,000 ($536/sf)	29	$358	$987 (2020)	LeHomes Realty Premier
2021-09-07	225 8120 Colonial Dr.	1	1	528	$338,000	$329,800 ($625/sf)	28	$275	$765 (2020)	Regent Park Fairchild Realty Inc.
2021-07-30	211 8060 Colonial Dr.	3	1	1112	$539,800	$518,500 ($466/sf)	25	$498	$1458 (2020)	Royal Pacific Realty Corp.
2021-07-19	208 8120 Colonial Dr.	1	1	523	$279,900	$278,000 ($532/sf)	158	$272	$757 (2020)	RE/MAX Westcoast
2021-07-15	219 8120 Colonial Dr.	1	1	523	$279,900	$275,000 ($526/sf)	154	$272	$757 (2020)	RE/MAX Westcoast
2021-05-26	103 8180 Colonial Dr.	2	1	758	$418,000	$425,000 ($561/sf)	9	$326	$1084 (2020)	RE/MAX Select Realty
2021-05-26	211 8040 Colonial Dr.	3	1	1050	$480,000	$427,000 ($407/sf)	2	$470	$1364 (2020)	LeHomes Realty Premier
2021-05-20	423 8120 Colonial Dr.	1	1	690	$359,000	$359,000 ($520/sf)	17	$359	$1002 (2020)	Royal Pacific Realty Corp.
2021-05-05	216 8040 Colonial Dr.	2	1	962	$480,000	$470,000 ($489/sf)	9	$431	$1247 (2020)	Royal Pacific Realty Corp.
2021-04-27	322 8120 Colonial Dr.	1	1	523	$299,900	$325,000 ($621/sf)	7	$272	$771 (2020)	Royal LePage West Real Estate Services
2021-04-01	210 8140 Colonial Dr.	2	1	908	$530,000	$494,000 ($544/sf)		$408	$1189 (2020)	Pacific Evergreen Realty Ltd.
2021-02-02	214 8040 Colonial Dr.	3	1	1050	$458,000	$456,000 ($434/sf)	50	$470	$1364 (2020)	Luxmore Realty
2021-01-25	317 8120 Colonial Dr.	1	1	523	$300,000	$279,000 ($533/sf)	102	$272	$771 (2020)	Jovi Realty (Richmond) Inc.
2021-01-18	207 8040 Colonial Dr.	3	1	1050	$469,900	$430,000 ($410/sf)	96	$470	$1364 (2020)	LeHomes Realty Premier
2020-11-24	101 8020 Colonial Dr.	2	1	730	$399,900	$395,500 ($542/sf)	13	$323	$1096 (2020)	Sutton Group-West Coast Realty
2020-11-08	421 8120 Colonial Dr.	2	1	683	$348,888	$332,000 ($486/sf)	39	$355	$976 (2020)	LeHomes Realty Premier
2020-08-08	202 8180 Colonial Dr.	3	1	1116	$488,000	$430,000 ($385/sf)	2	$498	$1459 (2020)	Nu Stream Realty Inc.
2020-07-25	206 8180 Colonial Dr.	3	1	1116	$499,000	$428,000 ($384/sf)	23	$470	$1297 (2019)	RE/MAX Crest Realty
2020-07-17	104 8040 Colonial Dr.	2	1	797	$404,900	$402,500 ($505/sf)	9	$326	$1030 (2019)	Oakwyn Realty Ltd.

Sold data from the MLS® feed for strata plan NWS917. Showing the last 24 months by default; expand for up to 80 recent sales.

Cherry Tree Place Market Summary

Cherry Tree Place at 8020 Colonial Dr. — currently 4 active listings averaging $413,225. In the past year 3 units sold at an average of $393,667.

Active Listings4

Avg Asking Price$413,225

Sold (1 Year)3

Avg Sold Price$393,667

Avg $/Sqft$554

Value & Financing

Price Positioning

$585 /sq ft

Active listings here average $585/sf vs $764/sf across Boyd Park.

23% below area average

Mortgage Snapshot

$1,724 /mo

Entry price (from)$360,000

20% down payment$72,000

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Richmond Condo Market Reports

1 Bed →2 Bed →3 Bed →

📊 Richmond Townhome Market Reports

1 Bed →2 Bed →3 Bed →

Market data by RealtySuite

Property Documents

📗 Property Sales Kit »

Location, Street View & Aerial

Map⤢ Expand

Street View⤢ Expand

Aerial⤢ Expand

Amenities / Features

In Suite Laundry

Pool; Outdoor

Storage

Maintenance Fees Include

Caretaker

Garbage Pickup

Gardening

Management

Recreation Facility

Location / Site Influences

Shopping Nearby

Balcony

Central Location

Recreation Nearby

Construction & Development

Construction	Frame - Wood
Exterior Finish	Wood
Roof	Asphalt
Foundation	Concrete Perimeter
Rain Screen	No

Strata Information

Strata Plan	NWS917
Strata Web Site	cherrytreeplace.ca/
Building Type	Strata
Title to Land	Freehold Strata
Units in Strata	198
Units in Development	198
Management Company	DORSET REALTY — 604-270-1711
Bylaws / Restrictions	PETS ALLOWED W/REST.,RENTALS ALLOWED
Parking / Storage	Garage; Underground

Building Contact Info

Caretaker	dwong@CrosbyPM.com

Frequently Asked Questions — Cherry Tree Place

What year was Cherry Tree Place built?

Cherry Tree Place was built in 1980.

How many units are in Cherry Tree Place?

Cherry Tree Place has 198 strata units across 4 levels.

What amenities does Cherry Tree Place offer?

IN SUITE LAUNDRY, POOL; OUTDOOR, STORAGE.

Is Cherry Tree Place pet-friendly, and what are the bylaws?

Cherry Tree Place bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED.

Who is the property manager for Cherry Tree Place?

Cherry Tree Place is managed by DORSET REALTY, 604-270-1711.

What is the strata plan number for Cherry Tree Place?

The strata plan number for Cherry Tree Place is NWS917.

Is Cherry Tree Place freehold or leasehold?

Cherry Tree Place is FREEHOLD STRATA.

Where is Cherry Tree Place located?

Cherry Tree Place is located at 8020 Colonial Dr. in Richmond, Richmond.

How is the real estate market at Cherry Tree Place?

In the past year 3 units sold at Cherry Tree Place, averaging $393,667; there are currently 4 active listings for sale.

Listings for Sale Near Cherry Tree Place 🔎 MLS® Search »

Active listings nearby80

Average price$1,662,941

From$149,000

Up to$4,970,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
4682 Blundell Rd.	5	5	2705	$2,028,000
322 8120 Colonial Dr.	1	1	523	$360,000
413 8120 Colonial Dr.	2	1	690	$365,000
401 8120 Colonial Dr.	2	1	683	$399,900
7611 Mccallan Rd.	6	4	3029	$2,189,000
214 8140 Colonial Dr.	3	1	980	$528,000
8280 Colonial Dr.	8	9	4375	$2,090,000
7891 Eperson Rd.	5	5	4239	$2,799,000
8680 Citadel Cres.	4	3	1716	$1,199,000
5011 Colbeck Rd.	5	5	3700	$2,698,000
7420 Montana Rd.	6	3	4509	$2,198,000
4480 Lancelot Dr.	5	6	3495	$3,080,000
4520 Lancelot Dr.	5	6	3552	$3,788,000
7751 Eperson Rd.	5	6	4042	$3,590,000
5111 Blundell Rd.	2	1	717	$1,299,900
8151 Claybrook Rd.	5	6	4098	$2,790,000
4811 Mclure Ave.	5	3	2414	$1,500,000
7300 Montana Rd.	5	6	3488	$3,799,000
5211 Lancing Rd.	6	7	3949	$3,880,000
4240 Shackleton Gate	5	4	4026	$2,250,000
7920 Frobisher Dr.	4	4	1915	$1,149,900
7900 Frobisher Dr.	4	3	1833	$1,138,000
7551 Lombard Rd.	6	5	3062	$2,090,000
7351 Lindsay Rd.	5	6	3829	$3,699,000
8260 Claysmith Rd.	6	5	4064	$2,299,900
4199 Magellan Pl.	5	6	3646	$3,489,000
77371 Lindsay Rd.	5	4	3074	$2,380,000
5080 Linfield Gate	7	4	3756	$1,950,000
7160 Parry St.	5	6	3315	$2,988,000
7111 Cavelier Court	6	4	2290	$1,699,900
5280 Cranbrook Ave.	7	4	3022	$1,738,000
306 7240 Lindsay Rd.	3	1	1054	$249,900
205 7240 Lindsay Rd.	2	1	834	$188,000
308 7240 Lindsay Rd.	3	1	1057	$318,000
7111 Parry St.	5	5	3523	$2,999,000
5271 Colbeck Rd.	5	6	3625	$3,498,000
7691 Frobisher Dr.	6	3	2578	$1,998,000
7251 7271 Lombard Rd.	10	8	4788	$2,199,999
304 7280 Lindsay Rd.	1	1	635	$199,000
4131 Blundell Rd.	7	5	4141	$1,999,000
4 7140 Railway Ave.	4	4	1675	$1,399,000
4368 Craigflower Dr.	3	4	2813	$1,980,000
7 7117 Lindsay Rd.	3	4	1787	$1,668,000
1 7117 Lindsay Rd.	3	3	1367	$1,338,000
4991 Cabot Dr.	6	7	3723	$3,750,000
4231 Corless Rd.	4	3	2097	$1,699,000
5311 Colbeck Rd.	5	3	2624	$1,699,000
302 7260 Lindsay Rd.	2	1	834	$278,000
204 7260 Lindsay Rd.	2	1	834	$268,000
7280 Lombard Rd.	5	6	4330	$3,380,000