Residential Property in Victoria

$179,900

1008 - 647 Michigan St
MLS® NO: 1021133

Description

Beacon Hill Park, Dallas Road & Downtown living steps away! Fully rentable (no STR min 6 mo fixed) in first class location. Previously rented out furnished @ $1600 in 2021. Great cash flowing investment opportunity with Orchard House in the heart of James Bay. This bright 10th floor condo frames spectacular ocean views with fabulous sunsets as ships drift by. Nicely appointed studio featuring new floors, windows & patio door. Amenities include UG parking, heated outdoor pool, sauna, hot tub, storage locker, bike storage, workshop & large shared laundry room on the main level. Quiet steel & concrete building with very low noise transfer. Monthly fees includes property taxes, heat, hot water & on-site management. An easy walk to James Bay shops, restaurants, banks, & library. Inner Harbour & Downtown Victoria are on your doorstep. Leasehold property, head lease expires in 2073. Incredible value & opportunity for a spectacular view condo in a concrete building on the edge of Downtown.

General

Property Type:Condo Apartment
Title of Ownership:Lot A, Plan VIP22534, Victoria Land District, OF 1761-1765/1803-1807
Layout:Condo
Number of Floors:22
Taxes:$263,512
Tax Year:2025
Finished Sq. Ft.:483
Unfinished Sq. Ft.:60
Year Built:1969

Display Full Description

Interior Details

Bathroom(s): 1
Interior Features: Closet Organizer, Controlled Entry, Eating Area, Elevator
Appliances Included: Oven/Range Electric, Refrigerator

Building Details

Foundation: Poured Concrete
Roof: Tar/Gravel
Heat/Air: Baseboard, Natural Gas

Site Influences

Lot SqFt: 536
Acres: 0.01
Water: Municipal
Waste: Sewer Connected, Sewer To Lot
Parking: Attached, Underground
Lot Features: Rectangular Lot

Strata Lot Information

Complex: Orchard House
Managed By: WestSea
Strata Fee: $556
Common Features: Caretaker, Garbage Removal, Gas, Heat, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Taxes and Water
Rental Restrictions: Unrestricted
Rental Notes: Minimum 6 months with Management approval.
Pets Allowed: None
Pet Notes: No pets allowed.

Room Dimensions

Main Level

Bathroom4-Piece
Dining Room6'x7'
Entrance10'x3'
Kitchen8'x6'
Living Room17'x13'

Unfinished

Balcony5'x14'

Property Details

Beds: 0
Baths: 1
Sq. Feet: 483
Year Built: 1969
Property Type: Condo Apartment
Municipality: Victoria

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Listed with:

Scott Loughton
DFH Real Estate Ltd.
Phone: 250-884-5020
Fax: 250-477-3161