$99,900

For saleJust listed

#607 647 Michigan Street, Victoria - Single Family for Sale

#607 647 Michigan Street, Victoria, British Columbia, V8T5G2

0 beds1 bath1 parking470 ft²$444/mo condo feeListed Today

Overview

This 1-bathroom condo in Victoria is for sale offering roughly 470 sq ft of space. It has been on the market 0 days, fresher than the Victoria average of 70 days.

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Description

Discover exceptional value in the heart of James Bay! This bright, south-facing 6th-floor studio is move-in ready and ideally located just steps from Beacon Hill Park, Dallas Road, Fisherman’s Wharf, the Inner Harbour, downtown shops, restaurants and cafés. Recent updates include fresh paint, countertops, tile backsplash, tub surround, and updated plugs and switches. Enjoy resort-style amenities including a heated outdoor pool, hot tub, sauna, workshop, bike storage, storage locker, secure underground parking, expansive green space and an on-site caretaker. Monthly fees cover heat, hot water, property taxes, building and grounds maintenance, garbage and recycling. Leasehold ownership to December 2073 offers nearly 50 years of tenure and an affordable opportunity to enter Victoria’s real estate market. Motivated sellers will pay the special assessment! An ideal opportunity for first-time buyers, investors, downsizers or anyone seeking an affordable Victoria getaway. Don’t miss this outstanding value! (id:66096)

Property Details

MLS®: 1053933
Property Type: Single Family
Zoning: Multi-Family
Bedrooms: 0
Bathrooms: 1
Parking: 1
Interior Size: 470 ft²
Lot Size: 532 sq ft
Year Built: 1969
Style: Contemporary
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Underground
Condo Fee: $444/mo
Ownership: Leasehold
Property Tax: $307,029.96/yr
Listed: Today

Rooms

Main level

Living room/Dining room: 13 x 14 feet
Kitchen: 7 x 6 feet
Bathroom: 5 x 7 feet

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Range, Microwave
Lot Features: Central location, Curb & gutter, Level lot, Park setting, Southern exposure, Other, Marine Oriented

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Victoria listings, avg age

70d

Price / ft²

$213

List price

$100K

Haho

This single family in Victoria has been listed for 0 days, which is 70 days fresher than the city average of 70. Act while there is still low competition.

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Listed by Royal LePage Coast Capital - Chatterton · Sladja Stojkovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$99,900· $213/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $4,995

Min 5%50%

Mortgage payment$526/mo

↳ CMHC premium ($3,796 capitalized)

Property tax (est.)$25,586/mo

Condo fee$444/mo

Total monthly$26,556

Cash Needed to Close

Down payment (5%)$4,995

Land transfer tax$999

Est. closing costs$2,800

Total cash needed$8,794

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