Property Type: Condo / ApartmentOwnership: Leasehold / Strata

2006 647 Michigan St

Victoria, BC V8V1S9

$239,000

1 bed1 bath1 parking626 sqftBuilt 1969
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$727/mo
Annual property tax
$282,454

Interior

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

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
BalconyMain level4' x 14'
EntranceMain level4' x 11'
BathroomMain level4-Piece
Primary BedroomMain level11' x 12'
KitchenMain level6' x 7'
Dining roomMain level7' x 8'
Living roomMain level14' x 15'

Listing Information

MLS®
1040574
Listed
June 16, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.

Description

Experience breathtaking panoramic views from this bright, light-filled corner unit in one of Victoria’s most desirable neighbourhoods. Located in a well-managed leasehold complex, residents enjoy amenities that include a heated outdoor pool, sauna, hobby workshop, and secure bike storage. This unit includes both parking and a storage locker, with monthly fees that conveniently cover property taxes, heat, and hot water. The unbeatable location puts you just steps from Beacon Hill Park, the Dallas Road waterfront, downtown Victoria, and an array of shops, cafés, and transit options. An outstanding opportunity to own in a prime location. Vacant and ready for immediate possession.The seller will pay the outstanding levies. Please see m2m notes for details. (id:63159)

Values & Trends

This listing

$382/sqft

Building average

$351/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

48

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 SchoolElementary128 m
Pacific School of Innovation and Inquiry(Independent)Secondary665 m
Christ Church Cathedral School(Independent)Elementary/Middle863 m
James Bay CommunityElementary902 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+)

  • The Old Spaghetti Factory · 703 Douglas Street404 m
  • Murder Burger · 332 Menzies Street404 m
  • The Bop414 m
  • Levantine435 m
  • Real Thai Restaurant · 211 Menzies Street465 m

Cafes (5+)

  • Colonial Cafe217 m
  • Good Earth Coffeehouse · 535 Superior Street257 m
  • Discovery Coffee · 277 Menzies Street393 m
  • Capital City Café444 m
  • Jackson Brothers Coffeehouse · 784 Humboldt Street522 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street383 m
  • Thrifty Foods James Bay · 475 Simcoe Street578 m

Parks (5+)

  • South Park79 m
  • Avalon Green · 601 Avalon Road214 m
  • Thunderbird Park · 638 Douglas Street326 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street404 m
  • Cridge Park · 720 Belleville Street421 m

Gyms (4)

  • Fitness Center · 525 Superior Street288 m
  • Unnamed593 m
  • Kadampa Meditation Centre · 970 Blanshard Street770 m
  • West Coast Jiu-Jitsu790 m

Pharmacies (2)

  • James Bay Pharmasave · 230 Menzies Street519 m
  • Rexall · 912 Douglas Street737 m

Banks & ATMs (5+)

  • Unnamed501 m
  • Unnamed · 475 Simcoe Street569 m
  • Unnamed662 m
  • National Bank · 880 Douglas Street704 m
  • Island Savings · 933 Douglas Street764 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$191,200.00
Periodic payment — Principal & Interest (monthly)$1,233.56
Additional monthly expenses (strata, tax, utilities, etc.)$24,295.38
Total monthly cost$25,528.94
Interest paid over 5-yr term$54,798.47
Balance at end of term$171,985.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,745.94

Cash Needed at Closing

Minimum down payment$11,950
Estimated BC PTT$2,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,230

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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