701 647 NW Michigan St
Vi James Bay Victoria V8V 1S9

$275,000
Residential beds: 1 baths: 1.0 620 sq. ft. built: 1969

Living room with stunning views of the Parliament building!
Photo 1: 701 647 NW Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 949825
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Status:
Sold
Prop. Type:
Residential
MLS® Num:
949825
Sold Date:
Mar 15, 2024
Bedrooms:
1
Bathrooms:
1
Year Built:
1969
Welcome to James Bay! Come view this spacious updated 1 bedroom corner-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 comparable suites in the building currently renting for upwards of $2300/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.
Price:
$275,000
Dwelling Type:
Condo Apartment
Property Type:
Residential
Bedrooms:
1
Bathrooms:
1.0
Year Built:
1969
Floor Area:
620 sq. ft.
Lot Size:
586 sq. ft.
MLS® Num:
949825
Status:
Sold
Floor
Type
Size
Other
Main Floor
Entrance
8' × 3'
Main Floor
Living Room
15' × 14'
Main Floor
Kitchen
7' × 6'
Main Floor
Bedroom
11' × 11'
Main Floor
Dining Room
8' × 7'
Main Floor
Balcony
14' × 4'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
3-Piece
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    Living room with stunning views of the Parliament building!
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    Living Room
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    Living Room and Dining Area
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    Enjoy the stunning West facing views out of your corner unit!
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    Enjoy the stunning West facing views out of your corner unit!
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    Kitchen and eating area with stunning west facing views
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    Primary
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    Primary
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    Beautiful Views from 701-647 Michigan St
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    Front Entry
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    Beautiful sunset from balcony.
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    Floor Plan for 701-647 Michigan St
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    647 Michigan St
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    647 Michigan St
Listed by Pemberton Holmes Ltd. - Oak Bay, sold on March, 2024
Data was last updated December 23, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$749,950
Min list price:
$210,000
Max list price:
$5,000,000
Avg days on market:
76
Min days on market:
13
Max days on market:
228
Avg price per sq.ft.:
$666.49
These statistics are generated based on the current listing's property type and located in Vi James Bay. Average values are derived using median calculations.
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.