1008 647 Michigan St
Victoria · V8V1S9
$199,900
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- Apartment
- Ownership
- Leasehold
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 543 sq ft
- Lot size
- 536
- Parking
- 1 spaces
- Year built
- 1969
- Annual tax
- $263,512
- MLS®
- 1021133
- Board
- Victoria
- Status
- Active
- Listed
- Nov 25, 2025
- Updated
- Jan 4, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 4-Piece |
| Kitchen | Main level | 6' x 8' |
| Dining room | Main level | 7' x 6' |
| Living room | Main level | 13' x 17' |
| Balcony | Main level | 14' x 5' |
| Entrance | Main level | 3' x 10' |
Features & finishes
Appliances
- Refrigerator
- Oven - Electric
Heating
- Baseboard heaters
- Natural gas
Lot
- Rectangular
Views
- City view
- Mountain view
- Valley view
Financing
Estimated monthly payment
$935/mo
Loan amount
$159,920
Down payment
$39,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V8V- 28,430
- Population
- 48
- Median age
- $63,200
- Median income
- $600,000
- Median home value
- 36%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1008 647 Michigan St?
1008 647 Michigan St is listed for $199,900, in Victoria.
How many bedrooms and bathrooms does 1008 647 Michigan St have?
It offers 0 bedrooms and 1 bathroom.
What type of home is 1008 647 Michigan St?
1008 647 Michigan St is a Single Family, Apartment, built in 1969.
How large is 1008 647 Michigan St?
The home offers approximately 543 sq ft of living space on a lot measuring 536.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $935. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $263,512 per year.
Is there parking?
Yes — 1008 647 Michigan St includes 1 parking space.
What is the Victoria area like?
Victoria has a population of about 28,430, a median age of 48, a 36% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $63,200.
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