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304 550 Michigan St
Vi James Bay Victoria V8V 0G3

$975,000
Residential beds: 2 baths: 2.0 967 sq. ft. built: 2021

Main Photo: 304 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1028971
Photo 1: 304 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1028971
Photo 2: 304 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1028971
Photo 3: 304 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1028971
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Photo 46: 304 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1028971
Status:
Active
Prop. Type:
Residential
MLS® Num:
1028971
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
Stunning view of the legislative assembly from a 2bedroom 2bathroom condo in one of Victoria’s most loved neighbourhoods, James Bay. Located on the third floor of a high-quality steel and concrete building by Concert and Jawl Properties, this home offers a rare mix of comfort, design, & location.Enjoy natural daylight all day long in the living room,and both of the bedrooms. From the windows, take in a stunning view of the BC Legislature.The kitchen features Bosch appliances, quartz slab countertops, a waterfall island & backsplash, & custom cabinetry, a perfect blend of style & function. The contemporary layout makes the space feel open & welcoming.This unit has an easy access to Red Barn Market & the Victoria Public Library, making daily errands easy,rain or shine.This home is just steps from the Inner Harbour, Beacon Hill Park, & all that downtown Victoria has to offer. If you're looking for a bright, well-built home in a quiet, walkable location, this one is truly worth seeing.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2021 (Age: 5)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
967 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
967 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Other Level
Construction:
Brick, Steel and Concrete
New Construction:
No
Foundation:
Concrete Perimeter, Slab
Roof:
Asphalt Torch On
Levels:
1
Number of Storeys:
3
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Hardwood, Tile
Total Building Area:
1,039 sq. ft.
Total Unfinished Area:
72 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# 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:
0 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 To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, Dryer, F/S/W/D, Washer
Blinds, Window Coverings
Balcony/Patio
Bike Storage, Common Area, Fitness Center, Meeting Room, Secured Entry
City
Balcony, Parking Stall, Separate Storage
Main Level
0
See Bylaws
Cats OK, Dogs OK
See Bylaws
Yes
See Bylaws
Yes
See Bylaws
Unrestricted
See Bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
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, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Sewer, Water
Association Fee Year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
CD-2
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
1
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
Northwest
Layout:
Condo
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Mar 23, 2026
Original Price:
975000.0
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Listed by Sotheby's International Realty Canada
Data was last updated March 28, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$824,950
Min list price:
$179,900
Max list price:
$3,188,000
Avg days on market:
33
Min days on market:
1
Max days on market:
521
Avg price per sq.ft.:
$668.44
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.

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I own condos in Victoria and I have sold several condos in different neighborhoods in Victoria. When clients ask me “Shirin where should I buy a condo in Victoria?”. The first thing I do is listen to all the questions they have…

“Shirin, should we buy a condo Downtown Victoria? or should we buy a condo in Victoria that is waterfront and further away from the Downtown Core?”

My first response is, “What is your budget? and what are you looking to do with this condo? Do you want to "look at a condo for sale downtown Victoria", so you can rent it out, or do you want a condo for sale that is waterfront, so you can retire in it? what is the end goal of purchasing this condo?”


For clients that have a strict budget and they want additional features, I always encourage them to look at buying a condo in other parts of Victoria. There are condos for sale in Langford (which is a 20 minute drive to Downtown Victoria when there is no traffic). Now, these condos may not be waterfront but guess what? They are newer and larger condos that meet their preference.


Having said all of the above though, personally I do like buying a condo downtown Victoria, because ultimately as a top realtor in Victoria, I have to give you the best advice and the best advice is “Location, Location, Location”. Buying a condo downtown Victoria and buying a condo that is closer to the waterfront in Victoria will give you a higher return in the long term.


There are several key points I need to assess when you are looking to buy a condo in Victoria. Contact me to discuss your scenario and rest assured you are in good hands. I care about my clients and you will hear me say “I only let my clients buy a home, I know I would buy for myself”.


Call my cell or text my cell and let's talk soon. CONTACT LINK

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.