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

$139,000
1
BA
409
SqFt

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Courtesy of Engel & Volkers Vancouver Island

List Price
$139,000
Status
ACTIVE
MLS®
1053229
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

Motivated sellers and special assessments to be paid by the sellers! The Orchard House at 647 Michigan is one of Victoria’s most affordable and predictable ways into the market. The leasehold title runs to 2073, giving you nearly 50 years of secure tenure at a fraction of the cost of freehold. Lower closing costs and more predictable carrying costs make this an easy fit for investors and downsizers alike. Recent updates include fresh paint, a new tub surround, tile backsplash, counters, and updated plugs and switches. You also get secure underground parking. The building is steel and concrete, and you’re just steps from downtown dining, transit, and the waterfront. Amenities include a seasonal outdoor pool, sauna, hot tub, bike storage, a storage locker, and plenty of green space, plus views that add value the price doesn’t reflect

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
$307,029
Rentals Allowed
Unrestricted
Pets Allowed
No

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Calculator source: Real Geeks

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