647 Michigan St Unit #608, Victoria, BC V8V 1S9
- $219,000
- 1
- BA
- 469
- SqFt
Courtesy of Pemberton Holmes Ltd. - Oak Bay
- List Price
- $219,000
- Status
- ACTIVE
- MLS® #
- 948566
- Property Type
- Condo
- Year Built
- 1969
- Style
- Apartment
- Stories
- 23
- Total baths
- 1
- Living Area
- 469
- Acres
- 0.01
- District
- Victoria
- Neighbourhood
- Vi James Bay
- Building Name
- Orchard House
Property Description
Welcome to James Bay! Come view this delightful spacious studio suite! Orchard House is a steel and concrete Leasehold building which allows unparalleled affordability in today’s market. Fully rentable (excluding short-term rentals) with a comparable suite in the building currently renting for $1,700/month. Seize the chance for a lucrative investment with positive cash flow! It is a well managed building with an onsite manager. Amenities include: secure underground parking, large storage locker, community workshop, bike storage, large common laundry area, sauna, hot tub and a heated outdoor pool! The location can’t be beat, just walking distance from the city centre, Beacon Hill, Dallas Road, Cook St. Village, Ogden Point and all major bus routes. Walk score of 90! Monthly fees includes hot water, heat, and PROPERTY TAXES! A great investment opportunity, as there are no age restrictions, and rentals allowed! Book your showing today! Leasehold expired December 31, 2073.
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Additional Information
- Strata Fee
- $465
- Layout
- Condo
- Heating
- Hot Water
- Roof
- Asphalt Torch On, Tar/Gravel
- Parking Spaces
- 1
- Exterior Features
- Balcony/Patio, Swimming Pool, Wheelchair Access
- Parking Type
- Underground
- Kitchens
- 1
- Laundry Feature
- Common Area
- Taxes
- $220,195
- Rentals Allowed
- Unrestricted
- Pets Allowed
- No
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