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Renanza Realty
For sale

907 647 Michigan St

Victoria, British Columbia

MLS® 1037330

$149,000

Status
Active
Property type
House
MLS® number
1037330
Bedrooms
0
Bathrooms
1
Year built
1969

Listing 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

Property summary

MLS® number
1037330
Property type
Single Family
Building type
Apartment
Square footage
409 sq ft
Title
Leasehold
Land size
536 square feet
Built in
1969
Annual property taxes
$282,453.66
Parking
1 space
Days on market
98 days

Features & details

Heating
Baseboard heaters, Hot Water
Cooling
None
Appliances
Refrigerator, Range - Electric
Lot features
Rectangular
Community features
Family Oriented, Pets not Allowed
View
City view, Ocean view
Strata fee
$556 / Monthly

What would this home cost you?

Based on the $149,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$693 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Engel & Volkers Vancouver Island, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.