Property Type: Condo / ApartmentOwnership: Leasehold / StrataNEW LISTING

202 647 Michigan St

Victoria, BC V8V1S9

$108,000

1 bed1 bath1 parking616 sqftBuilt 1967
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
685 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
Baseboard heaters, Hot Water
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

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'
BedroomMain level10' x 11'
Living roomMain level13' x 15'
BathroomMain level4-Piece
Dining roomMain level6' x 8'
KitchenMain level7' x 8'
EntranceMain level3' x 11'

Listing Information

MLS®
1047588
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 28, 2026

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

Description

EXCEPTIONAL VALUE in the heart of James Bay! This bright 1-bed, 1-bath home at landmark Orchard House offers a functional kitchen, spacious living & dining areas and private balcony to enjoy the fresh air & unmistakable sounds of the neighbourhood - peacocks, horse-drawn carriages & pedicabs passing by. Residents enjoy a heated outdoor pool, hot tub, sauna, workshop, bike storage, secure underground parking, separate storage locker & on-site caretaker. Monthly leasehold fees include heat, hot water, property taxes & management. Just steps to Beacon Hill Park, Dallas Road, the Inner Harbour, cafés, restaurants, shopping & downtown. This is a truly compelling opportunity to secure an affordable home in one of Victoria’s most walkable neighbourhoods. A HUGE BONUS: the Seller will pay all currently confirmed special assessments ($32,000 value), including the scheduled fire system & re-piping projects. This represents significant immediate savings for the next owner, along with long-term peace of mind. Come see for yourself! (id:63159)

Values & Trends

This listing

$175/sqft

Building average

$374/sqft

9 active listing(s)

James Bay average

$708/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 SchoolElementary134 m
Pacific School of Innovation and Inquiry(Independent)Secondary669 m
Christ Church Cathedral School(Independent)Elementary/Middle869 m
James Bay CommunityElementary897 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 Street400 m
  • The Bop408 m
  • The Old Spaghetti Factory · 703 Douglas Street409 m
  • Levantine429 m
  • Real Thai Restaurant · 211 Menzies Street459 m

Cafes (5+)

  • Colonial Cafe211 m
  • Good Earth Coffeehouse · 535 Superior Street253 m
  • Discovery Coffee · 277 Menzies Street387 m
  • Capital City Café449 m
  • Piggy & Paisley · 143 Menzies Street520 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street378 m
  • Thrifty Foods James Bay · 475 Simcoe Street572 m

Parks (5+)

  • South Park83 m
  • Avalon Green · 601 Avalon Road209 m
  • Thunderbird Park · 638 Douglas Street331 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street410 m
  • Cridge Park · 720 Belleville Street427 m

Gyms (4)

  • Fitness Center · 525 Superior Street284 m
  • Unnamed597 m
  • Kadampa Meditation Centre · 970 Blanshard Street775 m
  • West Coast Jiu-Jitsu795 m

Pharmacies (2)

  • James Bay Pharmasave · 230 Menzies Street513 m
  • Rexall · 912 Douglas Street741 m

Banks & ATMs (5+)

  • Unnamed504 m
  • Unnamed · 475 Simcoe Street563 m
  • Unnamed664 m
  • National Bank · 880 Douglas Street708 m
  • Island Savings · 933 Douglas Street769 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

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Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($5,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$86,400.00
Periodic payment — Principal & Interest (monthly)$557.42
Additional monthly expenses (strata, tax, utilities, etc.)$26,356.72
Total monthly cost$26,914.14
Interest paid over 5-yr term$24,762.49
Balance at end of term$77,717.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,400
Stress test qualifying rate8.09%
Payment you must qualify for$788.96

Cash Needed at Closing

Minimum down payment$5,400
Estimated BC PTT$1,080
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,980

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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