907 647 Michigan St
Victoria · V8V1S9
$175,000
About this residence
Few entry points into Victoria's real estate market offer more affordability and certainty than 647 Michigan, The Orchard House. A compelling price point and cost-controlled ownership with a reliable leasehold ownership extending to 2073 — delivering nearly five decades of secure tenure at a fraction of the freehold market. Leaseholds offer lower closing costs and more predictable carrying costs, appealing to both investors and discerning downsizers seeking simplicity without compromise. Secure UG Parking, Fresh Paint, Tub Surround, Tile Backsplash, Counters, Plugs & Switches round out this incredible offering. With steel & Concrete construction and steps from downtown Victoria's dining, transit, and waterfront, this opportunity demands attention from landlords and buyers alike. The seasonal outdoor pool, Sauna & hot tub, Bike Storage, Storage locker, plenty of green space, and the views add a premium that the price doesn't reflect. Fees include Prop Tax, Heat, Hot-water and management (id:61366)
Property details
- Property type
- Single Family
- Style
- Apartment
- Ownership
- Leasehold
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 409 sq ft
- Lot size
- 536
- Parking
- 1 spaces
- Year built
- 1969
- Annual tax
- $282,454
- Association fee
- $556
- MLS®
- 1037330
- Board
- Victoria
- Status
- Active
- Listed
- May 20, 2026
- Updated
- May 20, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 4-Piece |
| Kitchen | Main level | 6' x 7' |
| Dining room | Main level | 12' x 12' |
| Living room | Main level | 13' x 12' |
| Balcony | Main level | 14' x 5' |
| Entrance | Main level | 3' x 10' |
Features & finishes
Appliances
- Refrigerator
- Range - Electric
Heating
- Baseboard heaters
- Hot Water
Lot
- Rectangular
Community
- Family Oriented
- Pets not Allowed
Views
- City view
- Ocean view
Financing
Estimated monthly payment
$818/mo
Loan amount
$140,000
Down payment
$35,000
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 907 647 Michigan St?
907 647 Michigan St is listed for $175,000, in Victoria.
How many bedrooms and bathrooms does 907 647 Michigan St have?
It offers 0 bedrooms and 1 bathroom.
What type of home is 907 647 Michigan St?
907 647 Michigan St is a Single Family, Apartment, built in 1969.
How large is 907 647 Michigan St?
The home offers approximately 409 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 $818. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $282,454 per year.
Is there parking?
Yes — 907 647 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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