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Residential Property in Victoria

$175,000

907 - 647 Michigan St
MLS® NO: 1037330

Description

Few entry points into Victoria's real estate market offer more affordability and certainty than 647 Michigan, The Orchard House. A compelling price point and cost-controlled ownership with a reliable leasehold ownership extending to 2073 — delivering nearly five decades of secure tenure at a fraction of the freehold market. Leaseholds offer lower closing costs and more predictable carrying costs, appealing to both investors and discerning downsizers seeking simplicity without compromise. Secure UG Parking, Fresh Paint, Tub Surround, Tile Backsplash, Counters, Plugs & Switches round out this incredible offering. With steel & Concrete construction and steps from downtown Victoria's dining, transit, and waterfront, this opportunity demands attention from landlords and buyers alike. The seasonal outdoor pool, Sauna & hot tub, Bike Storage, Storage locker, plenty of green space, and the views add a premium that the price doesn't reflect. Fees include Prop Tax, Heat, Hot-water and management

General

Property Type:Condo Apartment
Title of Ownership:LOT A, PLAN VIP22534, VICTORIA LAND DISTRICT, OF 1761-1765/1803-1807
Layout:Condo
Number of Floors:22
Taxes:$282,454
Tax Year:2025
Finished Sq. Ft.:409
Unfinished Sq. Ft.:64
Year Built:1969

Building Details

Foundation: Poured Concrete
Roof: Tar/Gravel
Heat/Air: Baseboard, Hot Water

Site Influences

Lot SqFt: 536
Acres: 0.01
Water: Municipal
Waste: Sewer Connected
Parking: Attached, Underground
Lot Features: Rectangular Lot

Strata Lot Information

Complex: Orchard House
Strata Fee: $556
Common Features: Caretaker, Garbage Removal, Gas, Heat, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Taxes and Water
Minimum Age: 0
Rental Restrictions: Unrestricted
Rental Notes: See Bylaws / Rules
Pets Allowed: None

Property Details

Beds: 0
Baths: 1
Sq. Feet: 409
Year Built: 1969
Property Type: Condo Apartment
Municipality: Victoria

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Listed with:

Cameron Doyle - Engel & Volkers Vancouver Island
Phone: 250-889-6137

NOTE: 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.