647 Michigan Street

Victoria, British Columbia V8V1S9

MLS # 1048574

$204,900

Property Details

Type

Apartment

Beds

Baths

Status

For Sale

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About this property

A panoramic view that will leave you speechless in highly desirable James Bay! Welcome to the 11th floor of Orchard House. This bright one bedroom corner unit offers over 600 sq. ft. of thoughtfully designed living space with incredible natural light and spectacular views. An excellent investment opportunity with RENTALS PERMITTED at a price that is hard to find this close to downtown Victoria. This is a leasehold property until 2073, which can make conventional financing challenging and may be best suited to a cash buyer or purchaser using a line of credit. Neighbouring beautiful Beacon Hill Park and just blocks from the Inner Harbour, Dallas Road, shopping, restaurants and downtown Victoria. The monthly assessment includes property taxes, heat, hot water and on site management. The building also offers secured parking, storage, a sauna, hot tub and outdoor heated pool.

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Property taxes: about $25,586/month based on listed annual taxes.

Monthly Fee: $727.00/mo

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Rooms

Room	Level	Dimensions
Balcony	Main level	14 x 5
Bathroom	Main level	4-Piece
Primary Bedroom	Main level	11'
Kitchen	Main level	6' x 7'
Dining room	Main level	7' x 8'
Living room	Main level	14'
Entrance	Main level	4 x 8