Property Information:

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 title 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 Features:

Bedrooms: 0
Bathrooms: 1
Annual Tax Amount: $282,453
Accessibility Features: Wheelchair Friendly
Appliances: Oven/Range Electric, Refrigerator
Association Amenities: Bike Storage, Elevator(s), Pool
Association Fee Includes: Caretaker, Trash, Gas, Heat, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Taxes, Water
Building Features: Bike Storage, Fire Alarm, Fire Sprinklers, Transit Nearby
Built in: 1969
Condo Fees: $556 Monthly
Construction Materials: Block, Stucco
Cooling: None
Exterior Features: Balcony/Patio, Sprinkler System, Swimming Pool
Floor Space (approx): 473 Square Feet
Flooring: Mixed, Wood
Foundation Details: Concrete Perimeter
Heating: Baseboard, Hot Water
Interior Features: Controlled Entry, Elevator
Laundry Features: Common Area
Lot Features: Rectangular Lot
Lot Frontage: 536 Square Feet
Lot Size: 536.00 Square Feet
Ownership: Leasehold
Parking Features: Attached, Underground
Pets Allowed: No
Property Condition: Resale
Property Sub Type: Condo Apartment
Rent Includes: Cable TV, Electricity
Roof: Tar/Gravel
Utilities: Cable Connected, Electricity Connected, Garbage, Phone Connected, Recycling
View: City
Water Source: Municipal
Window Features: Blinds
Zoning Description: Multi-Family
Sewer:
No. of Parking Spaces: 1

Courtesy of: Engel & Volkers Vancouver Island

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Demographic Information of 907-647 Michigan St, Victoria, BC, V8V 1S9

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$102,713.02

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.46 %

High school certificate or equivalent

25.96 %

Apprenticeship trade certificate/diploma

6.72 %

College/non-university certificate

20.47 %

University certificate (below bachelor)

2.33 %

University Degree

36.07 %

Commuter

Travel To Work

By Car

39.7 %

By Public Transit

12.34 %

By Walking

35.44 %

By Bicycle

9.59 %

By Other Methods

2.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.0 %

Houses

15.0 %

907-647 Michigan St, Victoria, BC, V8V 1S9