647 Michigan St Unit #907, Victoria, BC V8V 1S9

$175,000
1
BA
409
SqFt

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Courtesy of Engel & Volkers Vancouver Island

List Price
$175,000
Status
ACTIVE
MLS®
1037330
Property Type
Condo
Year Built
1969
Style
Apartment
Stories
22
Total baths
1
Living Area
409
Acres
0.01
Lot Size
536
District
Victoria
Neighbourhood
Vi James Bay
Building Name
Orchard House

Property Description

Few entry points into Victoria's real estate market offer more affordability and certainty than 647 Michigan, The Orchard House. A compelling price point and cost-controlled ownership with a reliable leasehold title extending to 2073 — delivering nearly five decades of secure tenure at a fraction of the freehold market. Leaseholds offer lower closing costs and more predictable carrying costs, appealing to both investors and discerning downsizers seeking simplicity without compromise. Secure UG Parking, Fresh Paint, Tub Surround, Tile Backsplash, Counters, Plugs & Switches round out this incredible offering. With steel & Concrete construction and steps from downtown Victoria's dining, transit, and waterfront, this opportunity demands attention from landlords and buyers alike. The Seasonal Outdoor Pool, Sauna & Hot Tub, Bike Storage, Storage locker, plenty of green space, and the views add a premium that the price doesn't reflect. Fees include Prop Tax, Heat, Hot-water and management

Additional Information

Strata Fee
$556
Layout
Condo
Lot Features
Rectangular Lot
Heating
Baseboard, Hot Water
Flooring
Mixed, Wood
Roof
Tar/Gravel
Parking Spaces
1
Exterior Features
Balcony/Patio, Sprinkler System, Swimming Pool
Interior Features
Controlled Entry, Elevator
Parking Type
Attached, Underground
Kitchens
1
Laundry Feature
Common Area
Taxes
$282,453
Rentals Allowed
Unrestricted
Pets Allowed
No

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Calculator source: Real Geeks

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