Skip To Content

647 Michigan St , #608

Victoria, BC V8V 1S9
  • $219,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 948566
UPDATED: 46 min ago
$219,000
  • 0
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 469
    SQFT
  • $467
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
1969
Area:

School Ratings & Info

School District:

Description

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 todays 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 cant 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.

Monthly Payment Calculator

http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-12-03T12:22:19.79.
www.westcoastrealtor.com/homes/145364005
Print Image

647 Michigan St , #608 Victoria, BC V8V 1S9

  • Price: $219,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 46 min ago
  • MLS #: 948566
0
Beds
1
Baths
0
½ Baths
0.01
Acres
469
SQFT
$467
$/SQFT
1969
Built
Neighbourhood:
Vi James Bay
Area:
Victoria
School District:
Capital Regional District
Property Description
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 todays 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 cant 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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials BrickSteel and Concrete Entry Location Main Level Exterior Features Balcony/PatioSwimming PoolWheelchair Access Garage YN No Levels 1 Parking Features Underground Parking Total 1 Roof Asphalt Torch OnTar/Gravel View Mountain(s)Ocean View YN Yes Waterfront YN No

Interior Features

Accessibility Features Accessible EntranceNo Step EntrancePrimary Bedroom on MainWheelchair Friendly Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Heating Hot Water Heating YN Yes Laundry Features Common Area Main Level Bathrooms 1 Main Level Bedrooms 0

Property Features

Association Amenities Bike StorageElevator(s)Pool: OutdoorRecreation FacilitiesSaunaSpa/Hot TubStorage UnitWorkshop Area Association Fee 465.57 Association Fee Frequency Monthly Association Fee Includes CaretakerTrashHeatHot WaterMaintenance GroundsRecyclingSewerTaxes Association YN Yes Building Features Bike StorageTransit Nearby Building Name Orchard House Home Warranty YN No Number Of Buildings 1 Number Of Units In Community 211 Ownership Leasehold Pets Allowed No Pets Allowed Notes Please refer to Lease documents. Property Attached YN Yes Property Condition Contact List Licensee Property Sub Type Condo Apartment Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 220195.85 Tax Jurisdiction City of Victoria Tax Year 2023 Utilities CompostGarbageRecycling Water Source Municipal Youngest Age Allowed 0 Zoning Description Residential

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Pemberton Holmes Ltd. - Oak Bay and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-12-03T12:22:19.79.
 
https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_948566-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_948566-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_948566-2.jpg
Logo
Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8