
202 647 Michigan St
$108,000
James Bay
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About this home
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:65179)
Property details
From the listing's public record.
Lot size
685 square feet
Year built
1967
Taxes
$307,030/yr
Strata / HOA
$740/month
Zoning
Multi-Family
Appliances
Heating
Parking
Lot
Community
Pool
Security
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 28, 2026
Listed $108,000
Active2 days on marketMLS 1047588Aug 31, 2016
$179,900
Sold31 days on marketMLS 735895Aug 28, 2015
Listed $136,900
Expired73 days on marketMLS 711326Mar 3, 2015
Listed $136,900
Expired119 days on marketMLS 693991Oct 29, 2014
Listed $139,900
Expired122 days on marketMLS 685777Jun 21, 2012
Listed $164,900
Expired124 days on marketMLS 610962Mar 20, 2008
$171,000
Sold26 days on marketMLS 455677Jun 24, 2005
$132,500
Sold5 days on marketMLS 368548
How this listing compares
Based on 91 sales in James BayMedian sold
$719,000
Avg days on market
50 days
Avg sale-to-list
97.2%
Avg $/sqft
$647
Price per square foot
Below area average
Current market in James Bay
Active (same type)
43
Pending
24
All active listings
76
Months of supply
5.7
Balanced market — 5.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$54,128,000
Homes in Victoria sell at 53329.4% of assessed value on average.
Based on 634 recent sales.
Local price trend
How James Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales502-636 Montreal St
$1,180,000
2 bd · 2 ba · 2,067 sqft · $571/sqft · 106 days on market
Sold Aug 14, 2026 · 102.6% of list
307-200 Douglas St
$679,000
1 bd · 1 ba · 718 sqft · $946/sqft · 16 days on market
Sold Aug 5, 2026 · 99.1% of list
203-636 Montreal St
$825,000
2 bd · 2 ba · 1,284 sqft · $643/sqft · 139 days on market
Sold Aug 4, 2026 · 97.1% of list
205-640 Michigan St
$735,000
2 bd · 2 ba · 905 sqft · $812/sqft · 33 days on market
Sold Jul 31, 2026 · 98.1% of list
107-420 Parry St
$565,000
2 bd · 2 ba · 1,196 sqft · $472/sqft · 11 days on market
Sold Jul 30, 2026 · 98.3% of list
627-21 Dallas Rd
$855,000
2 bd · 2 ba · 1,227 sqft · $697/sqft · 11 days on market
Sold Jul 30, 2026 · 100.6% of list
201-640 Montreal St
$799,900
2 bd · 2 ba · 1,991 sqft · $402/sqft · 21 days on market
Sold Jul 27, 2026 · 100% of list
206-530 Michigan St
$585,000
1 bd · 1 ba · 627 sqft · $933/sqft · 25 days on market
Sold Jul 23, 2026 · 97.5% of list
807-225 Belleville St
$885,000
2 bd · 2 ba · 1,287 sqft · $688/sqft · 70 days on market
Sold Jul 21, 2026 · 93.2% of list
714-21 Dallas Rd
$765,000
1 bd · 1 ba · 1,010 sqft · $757/sqft · 36 days on market
Sold Jul 20, 2026 · 97.5% of list
705-620 Toronto St
$560,000
2 bd · 1 ba · 900 sqft · $622/sqft · 56 days on market
Sold Jul 16, 2026 · 96.7% of list
1005-250 Douglas St
$515,000
1 bd · 1 ba · 803 sqft · $641/sqft · 71 days on market
Sold Jul 15, 2026 · 95.5% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$108,000 − $21,600
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$24,180
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.