Property For Sale In James Bay, Victoria, British Columbia

$215,000 QuickQuote^TM: Not Available

1 Bath

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1008-647 Michigan St, Victoria, BC - Outdoor With View

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Living Room

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Bedroom

1008-647 Michigan St, Victoria, BC - Outdoor With Exterior

1008-647 Michigan St, Victoria, BC - Outdoor With Facade

1008-647 Michigan St, Victoria, BC - Outdoor

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Other Room

1008-647 Michigan St, Victoria, BC - Indoor

1008-647 Michigan St, Victoria, BC - Indoor With Storage

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Kitchen

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Bathroom

1008-647 Michigan St, Victoria, BC - With Exterior

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Garage

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Laundry Room

1008-647 Michigan St, Victoria, BC - Outdoor With In Ground Pool With Deck Patio Veranda With Backyard

1008-647 Michigan St, Victoria, BC - Indoor Photo Showing Basement

1008-647 Michigan St, Victoria, BC - Outdoor With Body Of Water With View

1008-647 Michigan St, Victoria, BC - Other

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1008-647 Michigan St, Victoria, BC, V8V 1S9

$215,000

Property Information:

Beacon Hill Park, Dallas Road & Downtown living steps away! Fully rentable (no STR min 6 mo) in first class location. Previously rented out furnished @ $1600 in 2021. Great cash flowing investment opportunity with Orchard House in the heart of beautiful 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.

Property Features:

Bedrooms: 0
Bathrooms: 1
Annual Tax Amount: $263,512
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, Taxes, Water
Building Features: Bike Storage, Fire Alarm, Fire Sprinklers, Transit Nearby
Built in: 1969
Condo Fees: $586 Monthly
Construction Materials: Block, Stucco
Cooling: None
Exterior Features: Balcony/Patio, Sprinkler System, Swimming Pool
Floor Space (approx): 543 Square Feet
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Baseboard, Natural Gas
Interior Features: Closet Organizer, Controlled Entry, Eating Area, 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
View: City, Mountain(s), Valley
Water Source: Municipal
Window Features: Blinds
Zoning Description: Multi-Family
Sewer: Sewer To Lot
No. of Parking Spaces: 1

Courtesy of: DFH Real Estate Ltd.

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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Market Price Trends

Condominium

-6.4%

Price change (1 year)

15.51%

Price change (5 years)

All Properties

2.32%

Price change (1 year)

26.82%

Price change (5 years)

Location of 1008-647 Michigan St, Victoria, BC, V8V 1S9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 1008-647 Michigan St , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past

26.9℃

2050

29.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

87/100

High

ClimateCheck®

Current data

This property, 1008-647 Michigan St , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past

511.6mm

2050

588.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1008-647 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 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Condominium

All Properties

Location of 1008-647 Michigan St, Victoria, BC, V8V 1S9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1008-647 Michigan St, Victoria, BC, V8V 1S9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1008-647 Michigan St, Victoria, BC, V8V 1S9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing