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101 550 Michigan St
Vi James Bay Victoria V8V 0G3

$689,000
Residential beds: 1 baths: 1.0 612 sq. ft. built: 2021

Main Photo: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 1: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 2: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 3: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 4: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 5: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 6: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 7: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 8: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 9: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Photo 10: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
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Photo 29: 101 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 1006585
Status:
Active
Prop. Type:
Residential
MLS® Num:
1006585
Bedrooms:
1
Bathrooms:
1
Year Built:
2021
Welcome to Capital Park, a boutique 5-storey steel & concrete development built to the highest standards. Enjoy inviting courtyards, peaceful walkways & calming water features, all nestled in charming James Bay, just steps from the scenic Inner Harbour. This south-facing home offers a convenient townhouse-style private entrance through a spacious 151 sq.ft fenced & gated terrace surrounded by lush landscaping. Inside, white oak flooring flows throughout, with in-floor electric heating in the bathrooms for added comfort. The modern kitchen features flat-panel cabinetry, quartz countertops & backsplashes, a striking quartz waterfall island & fully integrated Bosch appliances designed for easy cooking & entertaining. Residents enjoy exclusive access to a stylish lounge opening onto a large terrace & a well-equipped fitness studio. Secure underground parking provides indoor access to Red Barn Grocery & the Victoria Public Library. Enjoy sophisticated living in an exceptional location.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2021 (Age: 4)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
612 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
763 sq. ft.
Kitchens:
1
Home Style:
Contemporary
Taxes:
Building Type:
Other Level
Building Features:
Bike Storage, Fire Alarm, Fire Sprinklers, Transit Nearby
Construction:
Steel and Concrete
New Construction:
No
Foundation:
Block, Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Membrane, Other
Levels:
1
Number of Storeys:
5
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Hardwood, Tile
Total Building Area:
763 sq. ft.
Total Unfinished Area:
151 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# 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:
612 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Patio Area:
151 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Other
Cooling:
None
Heating:
Baseboard, Electric, Heat Recovery
Fireplace:
No
Warranty:
Yes
Pending Date:
Built-In Range, Dishwasher, F/S/W/D, Microwave, Oven/Range Electric, Range Hood, Refrigerator
Closet Organizer, Dining/Living Combo, Elevator, Furnished, Storage
Aluminum Frames, Window Coverings
Balcony/Patio, Garden, Water Feature
Bike Storage, Common Area, Elevator(s), Fitness Center, Meeting Room, Secured Entry, Shared BBQ
City
Deck/Patio, Parking Stall
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
See Bylaws
Yes
See Bylaws
Yes
See Bylaws
Some Rentals
See Bylaws
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, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Water
Association Fee Year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
CD-2
Accessibility:
Ground Level Main Floor, No Step Entrance
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
Occupancy:
Vacant
Property Condition:
Resale
Utilities:
Compost, Electricity Available, Garbage, Recycling
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Central Location
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street, Underground
Total Parking Spaces:
1
Road Surface Type:
Paved
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jul 07, 2025
Original Price:
689000.0
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Listed by The Agency
Data was last updated July 10, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$888,000
Min list price:
$229,000
Max list price:
$4,500,000
Avg days on market:
48
Min days on market:
1
Max days on market:
321
Avg price per sq.ft.:
$724.27
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.

Discover Your Urban Oasis: New Condos for Sale in Downtown Victoria, BC

Introduction:

Welcome to Downtown Victoria, where the vibrant cityscape meets the serene beauty of the Pacific Ocean. As a realtor, I am thrilled to present to you an exciting array of new condos for sale in this thriving metropolis. From modern architecture and luxurious amenities to convenient urban living and breathtaking views, these new condo developments offer the perfect blend of comfort, style, and location. Let's explore the allure of investing in a new condo in Downtown Victoria, BC.

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One of the most compelling reasons to consider new condos in Downtown Victoria is the unbeatable location. Nestled along the picturesque coastline of Vancouver Island, Downtown Victoria provides easy access to a wide range of amenities, including shopping centers, dining establishments, cultural venues, and entertainment options. Residents can embrace a walkable lifestyle, with everything they need just steps away from their front door.

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New condo developments in Downtown Victoria boast contemporary designs and innovative architecture. Featuring sleek lines, state-of-the-art construction, and energy-efficient technologies, these buildings redefine modern living. Floor-to-ceiling windows and open-concept layouts allow residents to enjoy panoramic views of the city skyline, Inner Harbour, and surrounding natural beauty.

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Indulge in a lifestyle of luxury and convenience with the abundant amenities offered by these new condos. From rooftop terraces and outdoor lounges to fitness centers, spas, and concierge services, every detail is designed to elevate your living experience. Whether you seek relaxation or entertainment, the amenities provided are sure to cater to your every need.

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Investing in a new condo in Downtown Victoria presents an excellent opportunity for both homeowners and investors. The city's robust real estate market, coupled with the ongoing development and growth in the area, ensures promising returns on investment. Moreover, with Victoria's status as a popular tourist destination, short-term rental options add to the potential income streams for condo owners.

  1. Environmentally Conscious Living:

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Conclusion:

As the allure of Downtown Victoria continues to grow, the opportunity to own a new condo in this dynamic urban center becomes increasingly appealing. With prime locations, modern architectural marvels, luxury amenities, and investment potential, these new condo developments offer the ultimate urban oasis for residents seeking a sophisticated and convenient lifestyle. If you are looking to invest in your dream home or a promising real estate venture, consider exploring the new condos for sale in Downtown Victoria, BC. Embrace the vibrant city life and the beauty of the Pacific Coast, all within the comfort of your new condo.

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.