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907 647 Michigan StVictoria, BC
$139,000
Single FamilyApartment
Bedrooms
0
Bathrooms
1
Area
409 sqft
Year Built
1969
Motivated sellers, and sellers pay special assessments! The Orchard House at 647 Michigan is one of Victoria’s most affordable and predictable ways into the market. The leasehold title runs to 2073, giving you nearly 50 years of secure tenure at a fraction of freehold pricing. Lower closing costs and more predictable carrying costs make this an easy fit for investors and downsizers alike. Recent updates include fresh paint, a new tub surround, tile backsplash, counters, and updated plugs and switches. You also get secure underground parking. The building is steel and concrete, and you’re just steps from downtown dining, transit, and the waterfront. Amenities include a seasonal outdoor pool, sauna, hot tub, bike storage, a storage locker, and plenty of green space, plus views that add value the price doesn’t reflect (id:67651)
OwnershipLeasehold
CommunityOrchard house
Postal CodeV8V1S9
ZoningMulti-Family
HeatingBaseboard heaters, Hot Water
CoolingNone
Parking1 spaces
Annual Tax$307,030
FeaturesRectangular
Neighbourhood & Lifestyle
Area
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