Victoria Real Estate
202 647 Michigan St photo 1 of 26
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202 647 Michigan St

$108,000

James Bay

Condo1 bd · 1 ba · 616 sqftBuilt 1967$175/sqft2 days on market

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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

RefrigeratorRange - ElectricMicrowave

Heating

Baseboard heatersHot Water

Parking

Underground

Lot

Central locationCurb & gutter

Community

Family OrientedPets not Allowed

Pool

Outdoor pool

Security

Sprinkler System-FireFire alarm system

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 28, 2026

    Listed $108,000

    Active2 days on marketMLS 1047588
  2. Aug 31, 2016

    $179,900

    Sold31 days on marketMLS 735895
  3. Aug 28, 2015

    Listed $136,900

    Expired73 days on marketMLS 711326
  4. Mar 3, 2015

    Listed $136,900

    Expired119 days on marketMLS 693991
  5. Oct 29, 2014

    Listed $139,900

    Expired122 days on marketMLS 685777
  6. Jun 21, 2012

    Listed $164,900

    Expired124 days on marketMLS 610962
  7. Mar 20, 2008

    $171,000

    Sold26 days on marketMLS 455677
  8. Jun 24, 2005

    $132,500

    Sold5 days on marketMLS 368548

How this listing compares

Based on 91 sales in James Bay

Median sold

$719,000

Avg days on market

50 days

Avg sale-to-list

97.2%

Avg $/sqft

$647

Price per square foot

This home: $175/sqftArea average: $647/sqft

Below area average

Current market in James Bay

Active (same type)

43

Pending

24

All active listings

76

Months of supply

5.7

Balanced market5.7 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.

5988117Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 502-636 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

$86,400

Down payment

20.0%

$21,600

Property Transfer Tax

$1,080

Legal / closing (est.)

$1,500

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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More on this listing

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