#303 640 Michigan St, Victoria, BC
#303 640 Michigan St, Victoria, BC
James Bay - 973941
Description
Downtown is your playground at unit 303 in The Duet! An unmatched location in the heart of James Bay, your unit is steps from Beacon Hill Park, the Royal BC Museum, the Inner Harbour and countless retail and restaurant options to explore. This bright 1-bedroom condo boasts a sleek modern kitchen with stainless steel appliances and a peninsula breakfast bar that transitions seamlessly into the open living space. A 4-piece bathroom with soaker tub awaits just past your walk-through closet off the bedroom. Enjoy your morning coffee as you take in the stunning Island sunrise on your West-facing balcony. This like-new unit welcomes your personal touches. In-suite laundry, secure underground parking, bike storage, and additional personal storage locker seal the deal. The Duet is a pet-friendly building that welcomes rentals and boasts a communal rooftop patio with BBQ access and a lovely semi-private courtyard featuring lush Akebono cherry trees. Book your viewing today! (id:60457)
Price History
| Date | Status | Price | Change |
|---|---|---|---|
| 2024-12-15 | Listed | $1,250,000 | -$25,000 (-2.0%) |
| 2024-11-28 | Price Change | $1,275,000 | -$24,000 (-1.8%) |
| 2024-11-01 | Listed | $1,299,000 | |
| 2023-08-22 | Sold | $1,150,000 | -$25,000 (-2.1%) |
| 2023-08-10 | Price Change | $1,175,000 | -$24,000 (-2.0%) |
| 2023-07-15 | Listed | $1,199,000 | |
| 2022-03-18 | Sold | $985,000 | -$14,000 (-1.4%) |
| 2022-03-05 | Listed | $999,000 | |
| 2021-09-12 | Sold | $825,000 | -$24,000 (-2.8%) |
| 2021-08-28 | Listed | $849,000 |
Property Details
| Property Type | Apartment |
| Asking Price | $695,000 |
| Maintenance Fee | $480 |
| Listing Date | Aug 23, 2024 |
| Days on Market | 298 days |
| Size of House | 807 sqft |
| Lot Size | 717 sqft |
| Price per House SqFt | $861 |
| Maint. Fee per SqFt | $0.59 |
| Age of House | 11 years (2014) |
| Property Taxes | $2,733 (undefined) |
| Ownership Interest | Condo/Strata |
| PID | 029-434-998 |
| Seller's Agent | RE/MAX Camosun |
| Storeys (Finished) | |
| Basement Info | |
| Floor Area (Finished) | |
| Renovations | |
| Rules | |
| Roof | |
| Flooring | |
| Exterior Finish | |
| Foundation | |
| Outdoor Features | |
| Parking | |
| Fireplaces | |
| Heating | |
| Utilities | |
| Water Supply | |
| Sewer | |
| Rear Yard | |
| Flood Plain | |
| Zoning |
Listing Details
| Asking Price | $695,000 |
| Listing Date | Aug 23, 2024 |
| Days on Market | 298 Days |
| MLS® Number | 973941 |
| Primary Broker | RE/MAX Camosun |
Features & Amenities
| ✓ Rectangular | ✓ Family Oriented |
| ✓ Pets Allowed With Restrictions |
Room Information
Assessment History
| Year | Land | Improvements | Total | Tax |
|---|---|---|---|---|
| 2025 | $513,000 | $95,400 | $608,400 | - |
| 2024 | $517,000 | $96,300 | $613,300 | $2,914 |
| 2023 | $527,000 | $98,000 | $625,000 | $2,733 |
| 2022 | $482,000 | $102,000 | $584,000 | $2,629 |
| 2021 | $436,000 | $92,600 | $528,600 | $2,701 |
| 2020 | $386,000 | $91,000 | $477,000 | $2,411 |
| 2019 | $366,000 | $89,200 | $455,200 | $2,281 |
| 2018 | $401,000 | $90,100 | $491,100 | $2,562 |
Asking Price is 14.2% higher than Assessed Value.
Mortgage Calculator
ESTIMATED PAYMENTS
$2,672
ESTIMATED PAYMENTS
$2,672
Borhan Farjoo
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Nearby Schools
| School Name | Address | Details |
|---|---|---|
Market Overview
Active Properties
| All Active | This Property | |
|---|---|---|
| All | 1,250 | – |
| Median Asking Price | $875,000 | – |
| Median Price per SqFt | $650 | – |
| Median Days on Market | 28 | – |
Sold Properties
| Dec 2024 | Nov 2024 | Dec 2023 | |
|---|---|---|---|
All (% change from Dec 2023) | 127.0% (↑5.2%) | 139 | 121 |
Median Selling Price (% change from Dec 2023) | $1,375,000 (↑8.1%) | $1,368,000 | $1,272,000 |
Median Price per SqFt (% change from Dec 2023) | $902 (↑7.8%) | $895 | $837 |
Median Days on Market | 38 | 35 | 31 |
Median Discount Off Ask | 2.8% | 2.6% | 2.2% |
New Listings | 365 | 380 | 398 |
Months of Inventory | 24.8 | 21.7 | 18.5 |
Number of Sales
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