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The Cove Townhomes is highly rated with an overall score of 8.9 out of 10, indicating it’s an appealing option for renters. It excels in price and location, receiving perfect and near-perfect ratings, respectively, reflecting excellent value and unparalleled convenience. Notable features include a commendable array of amenities, trustworthiness in its description, and an impressive collection of 21 photos that effectively showcase the property.
Things you’ll love
1 Bedroom | 1 bed | 1 bath | 524 sqft | $2,590 /mo | 1 unit available |
Let's explore this property.
Building
Cats OK | Dogs OK |
Allowed | Â |
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Allowed | Â |
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Contact for more information on pet policy.
Year built | 2023 |
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Lease terms | 12 months |
Receive a $500 GIFT CARD When You Sign a New 12 Month Lease Nestled right next to James Bay and Downtown Victoria, The Cove at 425 Michigan Street is a collection of townhomes that offer an elevated rental experience with an array of thoughtful amenities that cater to your active lifestyle. With 198 secure, bicycle parking spots, alongside a bicycle repair station and e-bike charging outlets, embark on scenic rides through Beacon Hill Park and Spiral Beach on the daily. Take a refreshing dip in the pool or relax in the community garden with friends and neighbours. Striking a refined balance between luxury and liveable, the suites at The Cove are designed with timeless finishes and refined features that emulate the tranquility of a coastal oasis. Modern materials flow seamlessly alongside thoughtfully selected colour palettes, maintaining design-forward sophistication throughout the space. Surrounded by oceanside splendor, The Cove's collection of townhomes invites you to rediscover yourself on inspiring new shores. Enhance your lifestyle with our exclusive amenities, including rooftop patios, balconies, and a stunning pool. The Cove will have two Modo vehicles on site, allowing residents to have access to a car without all the hassles of owning one. Contact us to learn more and reserve a free Modo membership with your new townhome. Limited memberships are available. *Terms and conditions apply. To be eligible, you must be a new resident and sign a lease for the specified lease term. The offer is not applicable for those who transfer within the Devon Properties portfolio. This is a one-time offer and may be withdrawn or extended at any time by Devon Properties Ltd. Offers, benefits and services are subject to change and are not an essential, required, or ancillary service provided by the Landlord.
How The Cove Townhomes compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Cove Townhomes cost about 22% more than the average rent price for 1-bedroom apartments in James Bay.
Month | Median Rent |
---|---|
September 2023 | $1,799 |
October 2023 | $1,812 |
November 2023 | $1,773 |
December 2023 | $1,796 |
January 2024 | $1,787 |
February 2024 | $1,849 |
March 2024 | $1,842 |
April 2024 | $1,844 |
May 2024 | $1,865 |
June 2024 | $1,822 |
July 2024 | $1,833 |
August 2024 | $1,805 |
September 2024 | $1,835 |
October 2024 | $1,826 |
November 2024 | $1,796 |
December 2024 | $1,790 |
January 2025 | $1,757 |
February 2025 | $1,763 |
March 2025 | $1,763 |
April 2025 | $1,786 |
May 2025 | $1,834 |
June 2025 | $1,849 |
July 2025 | $1,849 |
August 2025 | $1,793 |
September 2025 | $1,795 |
Month | Median Rent |
---|---|
September 2023 | $1,702 |
October 2023 | $1,702 |
November 2023 | $1,756 |
December 2023 | $1,810 |
January 2024 | $1,792 |
February 2024 | $1,799 |
March 2024 | $1,786 |
April 2024 | $1,808 |
May 2024 | $1,782 |
June 2024 | $1,747 |
July 2024 | $1,859 |
August 2024 | $1,834 |
September 2024 | $1,825 |
October 2024 | $1,791 |
November 2024 | $1,777 |
December 2024 | $1,775 |
January 2025 | $1,730 |
February 2025 | $1,706 |
March 2025 | $1,718 |
April 2025 | $1,784 |
May 2025 | $1,824 |
June 2025 | $1,849 |
July 2025 | $1,820 |
August 2025 | $1,774 |
September 2025 | $1,759 |
Can I afford to live at 425 Michigan St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$103,600/yr
James Bay | Victoria, BC