Property Type: Condo / ApartmentOwnership: Leasehold / StrataRECENTLY LISTED

1603 647 Michigan St

Victoria, BC V8V1S9

$239,900

1 bed1 bath1 parking619 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
619 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$740/mo
Annual property tax
$307,029.96

Interior

Heating
Hot Water
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City 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
BalconyMain level
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1047398
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.

Description

Bright and elevated 1-bedroom suite offering beautiful outlooks and ever-changing views. Located in Orchard House, a well-maintained steel and concrete leasehold building in the heart of James Bay, this home offers exceptional affordability and lifestyle. Enjoy a Walk Score of 90 with easy access to Downtown, Beacon Hill Park, Dallas Road, Cook Street Village, and major transit routes. Building amenities include an onsite caretaker, secure underground parking, large storage locker, workshop, bike storage, shared laundry, sauna, hot tub, and heated outdoor pool. Monthly fees include hot water, hot water heating, and property taxes. No age restrictions and rentals permitted. Seller has paid the Fire Alarm Special Assessment in full and has paid the Re-Piping Special Assessment through the end of 2026. Leasehold expires December 31, 2073. Book your showing today! (id:63159)

Values & Trends

This listing

$388/sqft

Building average

$350/sqft

9 active listing(s)

James Bay average

$702/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 SchoolElementary135 m
Pacific School of Innovation and Inquiry(Independent)Secondary660 m
Christ Church Cathedral School(Independent)Elementary/Middle870 m
James Bay CommunityElementary886 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 Street387 m
  • The Bop399 m
  • The Old Spaghetti Factory · 703 Douglas Street402 m
  • Levantine421 m
  • Real Thai Restaurant · 211 Menzies Street452 m

Cafes (5+)

  • Colonial Cafe213 m
  • Good Earth Coffeehouse · 535 Superior Street239 m
  • Discovery Coffee · 277 Menzies Street377 m
  • Capital City Café441 m
  • Piggy & Paisley · 143 Menzies Street514 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street366 m
  • Thrifty Foods James Bay · 475 Simcoe Street565 m

Parks (5+)

  • South Park97 m
  • Avalon Green · 601 Avalon Road213 m
  • Thunderbird Park · 638 Douglas Street322 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street411 m
  • Cridge Park · 720 Belleville Street422 m

Gyms (4)

  • Fitness Center · 525 Superior Street270 m
  • Unnamed586 m
  • Kadampa Meditation Centre · 970 Blanshard Street770 m
  • West Coast Jiu-Jitsu789 m

Pharmacies (2)

  • James Bay Pharmasave · 230 Menzies Street506 m
  • Rexall · 912 Douglas Street732 m

Banks & ATMs (5+)

  • Unnamed494 m
  • Unnamed · 475 Simcoe Street556 m
  • Unnamed652 m
  • National Bank · 880 Douglas Street699 m
  • Island Savings · 933 Douglas Street760 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$191,920.00
Periodic payment — Principal & Interest (monthly)$1,238.20
Additional monthly expenses (strata, tax, utilities, etc.)$26,356.72
Total monthly cost$27,594.92
Interest paid over 5-yr term$55,004.82
Balance at end of term$172,632.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,752.51

Cash Needed at Closing

Minimum down payment$11,995
Estimated BC PTT$2,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,293

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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