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Renanza Realty
For sale

907 647 Michigan St

Victoria, British Columbia

MLS® 1053229

$139,000

Status
Active
Property type
House
MLS® number
1053229
Bedrooms
0
Bathrooms
1
Year built
1969

Listing description

Motivated sellers, and sellers pay special assessments! The Orchard House at 647 Michigan is one of Victoria’s most affordable and predictable ways into the market. The leasehold title runs to 2073, giving you nearly 50 years of secure tenure at a fraction of freehold pricing.

Lower closing costs and more predictable carrying costs make this an easy fit for investors and downsizers alike. Recent updates include fresh paint, a new tub surround, tile backsplash, counters, and updated plugs and switches. You also get secure underground parking.

The building is steel and concrete, and you’re just steps from downtown dining, transit, and the waterfront. Amenities include a seasonal outdoor pool, sauna, hot tub, bike storage, a storage locker, and plenty of green space, plus views that add value the price doesn’t reflect

Property summary

MLS® number
1053229
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
$307,029.96
Parking
1 space · Attached Garage, Underground
Days on market
5 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 $139,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$647 /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.