Welcome to James Bay! Come view this delightful spacious studio suite! Orchard House is a steel and concrete Leasehold building which allows unparalleled affordability in today’s market. Fully rentable (excluding short-term rentals) with a comparable suite in the building currently renting for $1,700/month. Seize the chance for a lucrative investment with positive cash flow! It is a well managed building with an onsite manager. Amenities include: secure underground parking, large storage locker, community workshop, bike storage, large common laundry area, sauna, hot tub and a heated outdoor pool! The location can’t be beat, just walking distance from the city centre, Beacon Hill, Dallas Road, Cook St. Village, Ogden Point and all major bus routes. Walk score of 90! Monthly fees includes hot water, heat, and PROPERTY TAXES! A great investment opportunity, as there are no age restrictions, and rentals allowed! Book your showing today! Leasehold expired December 31, 2073.
Property Type:
Residential
Type:
Condo Apartment
Year built:
1969
(Age: 55)
Living Area:
469 sq. ft.43.572 m2
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
0
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
435.6 sq. ft.40.469 m2
Kitchens:
1
Taxes:
$220,195.85 /
2023
Building Name:
Orchard House
Building Type:
Other Level
Building Features:
Bike Storage, Transit Nearby
Construction:
Brick, Steel and Concrete
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On, Tar/Gravel
Levels:
1
Number of Storeys:
23
Number of Buildings:
1
Total Building Area:
535 sq. ft.49.703 m2
Total Unfinished Area:
66 sq. ft.6.132 m2
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
469 sq. ft.43.572 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Hot Water
Fireplace:
No
Warranty:
No
Pending Date:
Feb 14, 2024
Date Sold:
Feb 27, 2024
Balcony/Patio, Swimming Pool, Wheelchair Access
Bike Storage, Elevator(s), Pool: Outdoor, Recreation Facilities, Sauna, Spa/Hot Tub, Storage Unit, Workshop Area
Mountain(s), Ocean
If coming off of Douglas St, turn right onto Michigan for 1/2 a block, The building is located on the right side.
Balcony, Parking Stall, Separate Storage
Main Level
0
Please refer to Lease documents.
No
Please refer to Lease documents.
No
Please refer to Lease documents.
Unknown
Please refer to Lease documents.
Unrestricted
6 Months Minimum. Please refer to Lease documents. No short-term rentals.
Floor
Type
Size
Other
Main Floor
Balcony
14'4.27 m × 4'1.22 m
Main Floor
Studio
8'2.44 m × 7'2.13 m
Main Floor
Kitchen
7'2.13 m × 5'1.52 m
Main Floor
Living Room
16'4.88 m × 13'3.96 m
Main Floor
Entrance
10'3.05 m × 4'1.22 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Assessed:
5.0295E7
Assessment year:
2023
Association Fee:
$465.57
Association Fee Frequency:
Monthly
Association Fee Includes:
Caretaker, Trash, Heat, Hot Water, Maintenance Grounds, Recycling, Sewer, Taxes
Association Fee Year:
2023
Jurisdiction name:
City of Victoria
Legal Description:
LOT A, PLAN VIP22534, VICTORIA LAND DISTRICT, OF 1761-1765/1803-1807
Accessibility:
Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
Legal Non-Conformance:
No
Bed and Breakfast:
None
Units in Building:
211
Units in Community:
211
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lease Years Remaining:
49
Occupancy:
Vacant
Property Condition:
Contact List Licensee
Utilities:
Compost, Garbage, Recycling
Exposure / Faces:
South
Layout:
Condo
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Date Listed:
Nov 17, 2023
Studio - South facing exposure
Virtual Staging - Living Room
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Virtual Staging - Living Room
Front Entry
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Common area: Heated seasonal pool located on 2nd floor