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Residential Property in Victoria

$149,999

1008 - 647 Michigan St
MLS® NO: 1042576

Description

Beacon Hill Park, Dallas Road & Downtown living steps away! Fully rentable (no STR min 6 mo fixed) in first class location. Previously rented out furnished @ $1600 in 2021. Great cash flowing investment opportunity with Orchard House in the heart of 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.

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.:483
Unfinished Sq. Ft.:60
Year Built:1969

Building Details

Foundation: Poured Concrete
Roof: Tar/Gravel
Heat/Air: Baseboard, Natural Gas

Site Influences

Lot SqFt: 536
Acres: 0.01
Water: Municipal
Waste: Sewer Connected, Sewer To Lot
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, Taxes and Water
Minimum Age: 0
Rental Restrictions: Some Rentals
Rental Notes: Minimum 6 months with Management approval.
Pets Allowed: None
Pet Notes: No pets.

Room Dimensions

Main

Entrance 10'x3'
Living Room 17'x13'
Dining Room 6'x7'
Kitchen 8'x6'
Bathroom 4-Piece
Balcony 5'x14'

Property Details

Beds: 0
Baths: 1
Sq. Feet: 483
Year Built: 1969
Property Type: Condo Apartment
Municipality: Victoria

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Listed with:

Scott Loughton - DFH Real Estate Ltd.
Phone: 250-884-5020 Fax: 250-477-3161

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.