Welcome to James Bay! Come view this delightful spacious studio 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 a comparable studio suites in the building renting upwards of $1,700+/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.
| Address |
608 647 Michigan St |
| List Price |
$219,000 |
| Property Type |
Residential |
| Type of Dwelling |
Condo Apartment |
| Area |
Victoria |
| Sub-Area |
Vi James Bay |
| Bathrooms |
1 |
| Floor Area |
469 Sq. Ft. |
| Year Built |
1969 |
| Maint. Fee |
$465.57 |
| MLS® Number |
948566 |
| Listing Brokerage |
Pemberton Holmes Ltd. - Oak Bay
|
| Postal Code |
V8V 1S9 |
| Tax Amount |
$220,196 |
| Tax Year |
2023 |
| Features |
Hot Water |
| Amenities |
Accessible Entrance, Balcony/Patio, No Step Entrance, Primary Bedroom on Main, Swimming Pool, Wheelchair Access, Wheelchair Friendly |
