$296,000
$299,000
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647 Michigan St #903 Victoria, BC V8V 1S9
1 Bed
1 Bath
618 SqFt
Key Details
Sold Price $296,000
Property Type Condo
Sub Type Condo Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 618 sqft
Price per Sqft $478
MLS Listing ID 941998
Style Condo
Bedrooms 1
HOA Fees $620/mo
Year Built 1969
Annual Tax Amount $205,908
Tax Year 2022
Lot Size 435 Sqft
Property Sub-Type Condo Apartment
Property Description
Welcome to James Bay! Come view this spacious updated 1 bedroom 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 comparable suites in the building currently renting for upwards of $2300/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.
Location
Province BC
County Capital Regional District
Area Vi James Bay
Rooms
Kitchen 1
Interior
Heating Baseboard, Hot Water
Cooling None
Flooring Mixed, Vinyl, Wood
Laundry Common Area
Exterior
Exterior Feature Balcony/Patio, Swimming Pool, Wheelchair Access
Parking Features Underground
Utilities Available Compost, Garbage, Recycling
Amenities Available Bike Storage, Elevator(s), Pool: Outdoor, Recreation Facilities, Sauna, Secured Entry, Spa/Hot Tub, Storage Unit, Workshop Area
View Y/N 1
View City, Mountain(s), Ocean
Roof Type Asphalt Torch On,Tar/Gravel
Building
Lot Description Curb & Gutter
Building Description Concrete,Steel and Concrete,Stucco, Condo
Story 22
Foundation Poured Concrete
Sewer Sewer To Lot
Water Municipal
Structure Type Concrete,Steel and Concrete,Stucco
Others
Pets Allowed None
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