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Royal LePage
Royal LePage
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$215,000

1 Bath

543 FEETSQ

QuickQuoteTM: Not Available

Victoria BC, V8V 1S9

MLS® # 1021133

Property Information:

Beacon Hill Park, Dallas Road & Downtown living steps away! Fully rentable (no STR min 6 mo) in first class location. Previously rented out furnished @ $1600 in 2021. Great cash flowing investment opportunity with Orchard House in the heart of beautiful James Bay. This bright 10th floor condo frames spectacular ocean views with fabulous sunsets as ships drift by. Nicely appointed studio featuring new floors, windows & patio door. Amenities include UG parking, heated outdoor pool, sauna, hot tub, storage locker, bike storage, workshop & large shared laundry room on the main level. Quiet steel & concrete building with very low noise transfer. Monthly fees includes property taxes, heat, hot water & on-site management. An easy walk to James Bay shops, restaurants, banks, & library. Inner Harbour & Downtown Victoria are on your doorstep. Leasehold property, head lease expires in 2073. Incredible value & opportunity for a spectacular view condo in a concrete building on the edge of Downtown.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 1
  • Annual Tax Amount: $263,512
  • Accessibility Features: Wheelchair Friendly
  • Appliances: Oven/Range Electric, Refrigerator
  • Association Amenities: Bike Storage, Elevator(s), Pool
  • Association Fee Includes: Caretaker, Trash, Gas, Heat, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Taxes, Water
  • Building Features: Bike Storage, Fire Alarm, Fire Sprinklers, Transit Nearby
  • Built in: 1969
  • Condo Fees: $586 Monthly
  • Construction Materials: Block, Stucco
  • Cooling: None
  • Exterior Features: Balcony/Patio, Sprinkler System, Swimming Pool
  • Floor Space (approx): 543 Square Feet
  • Flooring: Vinyl
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Natural Gas
  • Interior Features: Closet Organizer, Controlled Entry, Eating Area, Elevator
  • Laundry Features: Common Area
  • Lot Features: Rectangular Lot
  • Lot Frontage: 536 Square Feet
  • Lot Size: 536.00 Square Feet
  • Ownership: Leasehold
  • Parking Features: Attached, Underground
  • Pets Allowed: No
  • Property Condition: Resale
  • Property Sub Type: Condo Apartment
  • Rent Includes: Cable TV, Electricity
  • Roof: Tar/Gravel
  • View: City, Mountain(s), Valley
  • Water Source: Municipal
  • Window Features: Blinds
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 1

Courtesy of: DFH Real Estate Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 1008-647 Michigan St, Victoria, BC, V8V 1S9

Demographic Information of 1008-647 Michigan St, Victoria, BC, V8V 1S9

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$102,713.02

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.46 %

High school certificate or equivalent

25.96 %

Apprenticeship trade certificate/diploma

6.72 %

College/non-university certificate

20.47 %

University certificate (below bachelor)

2.33 %

University Degree

36.07 %

Commuter

Travel To Work

By Car

39.7 %

By Public Transit

12.34 %

By Walking

35.44 %

By Bicycle

9.59 %

By Other Methods

2.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.0 %

Houses

15.0 %

Own Vs. Rent

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