608 647 Michigan St
Victoria
V8V 1S9
$219,000
Residential
beds: 0
baths: 1.0
469 sq. ft.
built: 1969
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 948566
- Bathrooms:
- 1
- Year Built:
- 1969
- Photos (23)
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Welcome to James Bay! Come view this delightful spacious studio suite! Orchard House is a steel and concrete Leasehold building which allows unparalleled affordability in today’s market. Fully rentable (excluding short-term rentals) with a comparable suite in the building currently renting for $1,700/month. Seize the chance for a lucrative investment with positive cash flow! It is a well managed building with an onsite manager. Amenities include: secure underground parking, large storage locker, community workshop, bike storage, large common laundry area, sauna, hot tub and a heated outdoor pool! The location can’t be beat, just walking distance from the city centre, Beacon Hill, Dallas Road, Cook St. Village, Ogden Point and all major bus routes. Walk score of 90! Monthly fees includes hot water, heat, and PROPERTY TAXES! A great investment opportunity, as there are no age restrictions, and rentals allowed! Book your showing today! Leasehold expired December 31, 2073.
- Property Type:
- Residential
- Type:
- Condo Apartment
- Year built:
- 1969 (Age: 54)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 469 sq. ft.
- Listing General Location:
- Vi James Bay, Victoria
- Bedrooms:
- 0
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 435.6 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Building Name:
- Orchard House
- Building Type:
- Other Level
- Building Features:
- Bike Storage, Transit Nearby
- Construction:
- Brick, Steel and Concrete
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Torch On, Tar/Gravel
- Levels:
- 1
- Number of Storeys:
- 23
- Number of Buildings:
- 1
- Ceiling Heights:
- Signup
- Total Building Area:
- 938 sq. ft.
- Total Unfinished Area:
- 469 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 469 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- None
- Heating:
- Hot Water
- Fireplace:
- No
- Warranty:
- No
- Pending Date:
- Signup
- Balcony/Patio, Swimming Pool, Wheelchair Access
- Bike Storage, Elevator(s), Pool: Outdoor, Recreation Facilities, Sauna, Spa/Hot Tub, Storage Unit, Workshop Area
- Mountain(s), Ocean
- If coming off of Douglas St, turn right onto Michigan for 1/2 a block, The building is located on the right side.
- Balcony, Parking Stall, Separate Storage
- Main Level
- 0
- Please refer to Lease documents.
- No
- Please refer to Lease documents.
- No
- Please refer to Lease documents.
- Unknown
- Please refer to Lease documents.
- Unrestricted
- 6 Months Minimum. Please refer to Lease documents. No short-term rentals.
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Includes:
- Caretaker, Trash, Heat, Hot Water, Maintenance Grounds, Recycling, Sewer, Taxes
- Association Fee Year:
- 2023
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Accessibility:
- Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
- Bed and Breakfast:
- None
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Lease Years Remaining:
- 50
- Occupancy:
- Vacant
- Property Condition:
- Contact List Licensee
- Utilities:
- Compost, Garbage, Recycling
- Exposure / Faces:
- South
- Layout:
- Condo
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Underground
- Total Parking Spaces:
- 1
- Common Parking Spaces:
- 0
- LCP Parking Spaces:
- 1
- Lot Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Nov 17, 2023
- Original Price:
- 219000.0
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Virtual Staging - Living Room -
Virtual Staging - Living Room
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Front Entry
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Photo 14 of 23
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Common area: Heated seasonal pool located on 2nd floor
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Common area: Hot tub located on B level
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Floor Plan 608-647 Michigan St
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Parking Garage
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Front Entrance
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Front Entrance
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Photo 21 of 23
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647 Michigan St
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647 Michigan St
Listed by Pemberton Holmes Ltd. - Oak Bay
Data was last updated December 6, 2023 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 79
- Avg list price:
- $925,000
- Min list price:
- $219,000
- Max list price:
- $2,375,000
- Avg days on market:
- 36
- Min days on market:
- 1
- Max days on market:
- 247
- Avg price per sq.ft.:
- $770.31
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations.
- Alexandra Friesen
- Engel & Volkers Vancouver Island
- 1 (250) 710-7311
- Contact by Email
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