Property Type: Condo / ApartmentOwnership: Leasehold / Strata

1407 647 Michigan St

Victoria, BC V8V1S9

$139,000

0 bed1 bath1 parking478 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$555/mo
Annual property tax
$307,029.96

Interior

Heating
Natural gas, Hot Water
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
PatioMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1043842
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Wake up to sweeping south-facing views from the 14th floor of Orchard House, ideally situated in the heart of vibrant James Bay. This bright studio offers an efficient, open-concept layout and an unbeatable opportunity to enjoy one of Victoria's most sought-after neighbourhoods at an affordable price. Stroll to Beacon Hill Park, Dallas Road waterfront, Fisherman's Wharf, the Inner Harbour, downtown shops, restaurants and cafés—all just minutes from your door. Residents enjoy exceptional amenities including a heated outdoor pool, hot tub, sauna, workshop, secure underground parking stall, storage locker, bike storage and on-site caretaker. Monthly fees include heat, hot water and property taxes, offering excellent value and simplified ownership. Whether you're looking for your first home, a pied-à-terre or a peaceful place to enjoy Victoria's incredible lifestyle, this is urban coastal living at its best. ( 1 assessment paid in full by owner ) (id:63159)

Values & Trends

This listing

$291/sqft

Building average

$361/sqft

9 active listing(s)

James Bay average

$705/sqft

37 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
South Park Family SchoolElementary137 m
Pacific School of Innovation and Inquiry(Independent)Secondary661 m
Christ Church Cathedral School(Independent)Elementary/Middle872 m
James Bay CommunityElementary885 m
Sir James Douglas ElementaryElementary1.5 km
Central Middle SchoolElementary1.7 km
Victoria HighElementary2.1 km
George Jay ElementaryElementary2.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Murder Burger · 332 Menzies Street385 m
  • The Bop397 m
  • The Old Spaghetti Factory · 703 Douglas Street403 m
  • Levantine420 m
  • Real Thai Restaurant · 211 Menzies Street450 m

Cafes (5+)

  • Colonial Cafe212 m
  • Good Earth Coffeehouse · 535 Superior Street238 m
  • Discovery Coffee · 277 Menzies Street375 m
  • Capital City Café442 m
  • Piggy & Paisley · 143 Menzies Street512 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street365 m
  • Thrifty Foods James Bay · 475 Simcoe Street564 m

Parks (5+)

  • South Park98 m
  • Avalon Green · 601 Avalon Road211 m
  • Thunderbird Park · 638 Douglas Street324 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street413 m
  • Cridge Park · 720 Belleville Street423 m

Gyms (4)

  • Fitness Center · 525 Superior Street269 m
  • Unnamed587 m
  • Kadampa Meditation Centre · 970 Blanshard Street772 m
  • West Coast Jiu-Jitsu790 m

Pharmacies (2)

  • James Bay Pharmasave · 230 Menzies Street504 m
  • Rexall · 912 Douglas Street733 m

Banks & ATMs (5+)

  • Unnamed495 m
  • Unnamed · 475 Simcoe Street555 m
  • Unnamed652 m
  • National Bank · 880 Douglas Street700 m
  • Island Savings · 933 Douglas Street762 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$111,200.00
Periodic payment — Principal & Interest (monthly)$717.42
Additional monthly expenses (strata, tax, utilities, etc.)$26,164.83
Total monthly cost$26,882.25
Interest paid over 5-yr term$31,870.24
Balance at end of term$100,024.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,015.42

Cash Needed at Closing

Minimum down payment$6,950
Estimated BC PTT$1,390
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,840

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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