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647 Michigan Street Unit 502, Orchard House Victoria

Price

$229,000

Bedrooms1 Beds

Bathrooms1 Baths

Size697 sqft

Year Built1969

Property TypeDetached Home

Property Taxes$1

Unit Number502

Description

Live the vibrant, walk everywhere lifestyle you've dreamed of in this tastefully updated 1 bed condo at iconic Orchard House—just steps to Downtown, Dallas Road waterfront, James Bay & Cook Street Villages, and Beacon Hill Park! Soak up lovely northwest views of the Inner Harbour and Parliament from your large, private balcony. With a smart layout, fresh neutral palette, and modern updates—including a sleek full height kitchen with quartz counters, and tile backsplash—you can move right in and enjoy. Total monthly fee *includes* heat, hot water, water **AND** property taxes, making this one of the most AFFORDABLE ownership opportunities in the city. Amenities? Check: outdoor pool, sauna, bike storage, hobby room, on site caretaker, secure parking, and storage. Ideal for first time buyers, downsizers, or INVESTORS (rentals allowed, just no short term/AirBnB). Come for the views—stay for the lifestyle! (id:39198)

Listed By

The listing brokerage and/or agent is Sutton Group West Coast Realty

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$823 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$183,200

Total Interest Payments

$112,954

Total Payment (Principal + Interest)

$296,154

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home