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308 550 Michigan St
Vi James Bay Victoria V8V 0G3

$749,000
Residential beds: 1 baths: 1.0 693 sq. ft. built: 2021

Main Photo: 308 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 983663
Photo 1: 308 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 983663
Photo 2: 308 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 983663
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Status:
Active
Prop. Type:
Residential
MLS® Num:
983663
Bedrooms:
1
Bathrooms:
1
Year Built:
2021
Steps from the BC Legislature, Capital Park Residences is an extensively-landscaped, secure community built by two of Victoria’s most respected developers, Concert and Jawl. 550 Michigan is a 5-storey steel & concrete building designed to blend-in seamlessly with charming James Bay along beautiful tree-lined streets. Inviting courtyards, tranquil interconnected walkways & calming water features. This pristine "One Bedroom plus Den" home features many upgrades including floor to ceiling custom cabinetry in the master bedroom, entrance, and den/dining room, elegant chrome framed mirror, and frameless glass shower door in the bathroom. The contemporary kitchen design includes flat-panel cabinetry, quartz slab countertops & backsplash & integrated Bosch appliances. Enjoy a comfortable resident lounge opening onto an expansive terrace and a well-equipped fitness studio. Underground parking provides indoor access to the Red Barn grocery and the Victoria Public Library. Live in secure luxury!
Property Type:
Residential
Type:
Condo Apartment
Year built:
2021 (Age: 4)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
693 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
768 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Other Level
Building Features:
Bike Storage, Fire Alarm, Fire Sprinklers, Security System, Transit Nearby
Construction:
Steel and Concrete
New Construction:
No
Foundation:
Block, Concrete Perimeter, Slab
Roof:
Membrane, Other
Levels:
1
Number of Storeys:
5
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Hardwood, Tile
Total Building Area:
759 sq. ft.
Total Unfinished Area:
66 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
1
# 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.
Living Area Main Floor:
693 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric, Radiant Floor
Fireplace:
No
Pending Date:
Dishwasher, Dryer, F/S/W/D, Range Hood, Washer
Closet Organizer, Dining/Living Combo, Eating Area, Soaker Tub, Storage
Blinds, Window Coverings
Balcony/Patio, Garden, Lighting, Sprinkler System, Water Feature, Wheelchair Access
Bike Storage, Common Area, Fitness Center, Media Room, Meeting Room, Secured Entry
City, Other
Travel south on Government Street to Michigan Street; Turn right onto Michigan and then the building is on the right hand-side of the street.
Balcony, Parking Stall, Separate Storage
Main Level
0
Birds, Cats OK, Dogs OK
See Bylaws
Yes
Yes
See Bylaws
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Caretaker, Trash, Insurance, Maintenance Grounds, Property Management, Recycling, Sewer, Water
Association Fee Year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
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
Other Equipment:
Security System
Occupancy:
Owner
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Central Location, Landscaped, Recreation Nearby, Shopping Nearby
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Underground, Other
Total Parking Spaces:
1
Road Surface Type:
Paved
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jan 17, 2025
Original Price:
749000.0
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Virtual Tour

Listed by RE/MAX Camosun
Data was last updated January 18, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$812,450
Min list price:
$210,000
Max list price:
$5,000,000
Avg days on market:
70
Min days on market:
3
Max days on market:
254
Avg price per sq.ft.:
$677.96
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.
Jerome Peacock
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.