647 Michigan St, Victoria

About this property

Motivated sellers and special assessments to be paid by the sellers! 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 the cost of freehold. 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