$205,000
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1 Bath
469 SqFt
SOLD DATE : 02/27/2024
Key Details
Sold Price $205,000
Property Type Condo
Sub Type Condo Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 469 sqft
Price per Sqft $437
MLS Listing ID 948566
Sold Date 02/27/24
Style Condo
HOA Fees $465/mo
Rental Info Unrestricted
Year Built 1969
Annual Tax Amount $220,195
Tax Year 2023
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Condo Apartment
Property Description
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.
Location
Province BC
County Capital Regional District
Area Vi James Bay
Direction South
Rooms
Kitchen 1
Interior
Heating Hot Water
Cooling None
Laundry Common Area
Exterior
Exterior Feature Balcony/Patio, Swimming Pool, Wheelchair Access
Utilities Available Compost, Garbage, Recycling
Amenities Available Bike Storage, Elevator(s), Pool: Outdoor, Recreation Facilities, Sauna, Spa/Hot Tub, Storage Unit, Workshop Area
View Y/N 1
View Mountain(s), Ocean
Roof Type Asphalt Torch On,Tar/Gravel
Handicap Access Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
Total Parking Spaces 1
Building
Building Description Brick,Steel and Concrete, Condo
Faces South
Story 23
Foundation Poured Concrete
Sewer Sewer To Lot
Water Municipal
Structure Type Brick,Steel and Concrete
Others
HOA Fee Include Caretaker,Garbage Removal,Heat,Hot Water,Maintenance Grounds,Recycling,Sewer,Taxes
Tax ID 004-154-878
Ownership Leasehold
Pets Allowed None
Read Less Info
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Bought with RE/MAX Generation - The Neal Estate Group