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. Fees include Prop Tax, Heat, Hot-water and management
Data was last updated May 21, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$897,000
Min list price:
$179,900
Max list price:
$3,188,000
Avg days on market:
41
Min days on market:
2
Max days on market:
574
Avg price per sq.ft.:
$679.39
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.