907 647 Michigan St, Victoria
Motivated Sellers! Special Assessment paid by Sellers! Few entry points into Victoria's real estate market offer more affordability and certainty than 647 Michigan, The Orchard House. A compelling price point and cost-controlled ownership with a reliable leasehold title extending to 2073 — delivering nearly five decades of secure tenure at a fraction of the freehold market. Leaseholds offer lower closing costs and more predictable carrying costs, appealing to both investors and discerning downsizers seeking simplicity without compromise. Secure UG Parking, Fresh Paint, Tub Surround, Tile Backsplash, Counters, Plugs & Switches round out this incredible offering. With steel & Concrete construction and steps from downtown Victoria's dining, transit, and waterfront, this opportunity demands attention from landlords and buyers alike. The Seasonal Outdoor Pool, Sauna & Hot Tub, Bike Storage, Storage locker, plenty of green space, and the views add a premium that the price doesn't reflect. (id:1945)
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Property details for 907 647 Michigan St, Victoria
- Type
- Apartment
- Bathrooms
- 1
- Living Area
- 409 square feet
- Lot Size
- 536
- Parking
- Attached Garage, Underground
- Heating
- Baseboard heaters, Hot Water
- Cooling
- None
- Ownership
- Leasehold
- Annual Taxes
- $282,454
- Condo Fee
- $556 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 907 647 Michigan St
Active Listings
150
Min Price
$145,000
Max Price
$3,999,900
Avg Price
$516,813
Days on Market
67
days
Sold Listings
50
Min Sold Price
$54,999
Max Sold Price
$949,000
Avg Sold Price
$429,902
Days until Sold
81
days
Neighbourhood Census Data
Victoria, British Columbia / Colombie-Britannique
Population
488
Median Age
56.9
Median Income
$38,682
Dwelling Value
$250,382
Housing Tenure
Owners 49%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.3
Pop. Density: 12,545.0/km²
Avg Shelter Cost: $929/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 27.8%
Tenants Spending 30%+: 36.8%
English only: 85.7%
English and French: 14.3%
Median Household Income: $47,829
Median Employment Income: $35,584
Price History
Listed
May 20, 2026
by Engel & Volkers Vancouver Island
Current Price
$149,000
-14.9% from last change
Type
Apartment
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $149,000 | $26,000 (-14.9%) |
| Aug 19, 2026 | $175,000 | Listed |
