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647 Michigan St , #903

Victoria, BC V8V 1S9
  • $299,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 941998
UPDATED: 8 min ago
$299,000
  • 1
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 618
    SQFT
  • $484
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
1969
Area:

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 todays 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 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.

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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 Day Team Realty. 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: 2023-09-24T20:22:06.09.
www.dayteam.com/homes/143013863
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647 Michigan St , #903 Victoria, BC V8V 1S9

  • Price: $299,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 8 min ago
  • MLS #: 941998
1
Beds
1
Baths
0
½ Baths
0.01
Acres
618
SQFT
$484
$/SQFT
1969
Built
Neighbourhood:
Vi James Bay
Area:
Victoria
School District:
Capital Regional District
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 todays 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 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 ConcreteSteel And ConcreteStucco Entry Location Main Level Exterior Features Balcony/PatioSwimming PoolWheelchair Access Garage YN No Levels 1 Lot Features Curb & Gutter Parking Features Underground Parking Total 1 Roof Asphalt Torch OnTar/Gravel View CityMountain(S)Ocean View YN Yes Waterfront YN No

Interior Features

Accessibility Features Primary Bedroom On MainWheelchair Friendly Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring MixedVinylWood Foundation Details Concrete Perimeter Heating BaseboardHot Water Heating YN Yes Interior Features BarBreakfast Nook Laundry Features Common Area Main Level Bathrooms 1 Main Level Bedrooms 1

Property Features

Association Amenities Bike StorageElevator(S)Pool: OutdoorRecreation FacilitiesSaunaSecured EntrySpa/Hot TubStorage UnitWorkshop Area Association Fee 620 Association Fee Frequency Monthly Association Fee Includes CaretakerTrashHeatHot WaterMaintenance GroundsRecyclingSewerTaxesWater Association YN Yes Building Name Orchard House New Construction YN No Number Of Buildings 1 Number Of Units In Community 211 Ownership Leasehold Pets Allowed No Pets Allowed Notes None Unless Granted Special Written Permission. Please Refer To Lease Documents And Rules. Property Attached YN Yes Property Condition Resale Property Sub Type Condo Apartment Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 205908 Tax Jurisdiction City Of Victoria Tax Year 2022 Utilities CompostGarbageRecycling Water Source Municipal Youngest Age Allowed 0 Zoning Description Multi-Family

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 Day Team Realty. 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: 2023-09-24T20:22:06.09.
 
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301-3450 Uptown Blvd
Victoria BC, V8Z 0B9