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220 Michigan St
Vi James Bay Victoria V8V 1R3

$1,800,000
Residential beds: 0 baths: 1.0 3,588 sq. ft. built: 1901

Main Photo: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 1: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 2: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 3: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 4: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 5: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 6: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 7: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 8: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Photo 9: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
Status:
Active
Prop. Type:
Residential
MLS® Num:
1011888
Bathrooms:
1
Year Built:
1901
LAND VALUE SALE — PRIME JAMES BAY LOT (R2 ZONED) Rare opportunity to secure a 9,600 SF property in the heart of James Bay at 220 Michigan St. The existing 1901-built residence contains 5 rental units (over 3,500 SF total) but is in poor condition and holds little value — this is essentially a land-only purchase, ideal for building a new home or redevelopment project. Located in one of Victoria’s most desirable and established neighbourhoods, the site is just steps from Beacon Hill Park, James Bay Village, Inner Harbour, downtown Victoria, and major transit routes making this a walkable, connected location and a strategic investment. ZONING: R2 (Two-Family Residential) — permitting single-family homes, duplexes, suites, and other residential options (buyer to verify development potential with the City of Victoria). Don’t miss this chance to shape your vision in one of Victoria’s most sought-after communities!
Property Type:
Residential
Type:
Single Family Residence
Year built:
1901 (Age: 124)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
3,588 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
0
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
9,600 sq. ft.
Kitchens:
0
Taxes:
Construction:
See Remarks
New Construction:
No
Basement:
Partially Finished
Foundation:
Other
Roof:
See Remarks
Ceiling Heights:
Total Building Area:
5,019 sq. ft.
Total Unfinished Area:
1,431 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# 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:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
242 sq. ft.
Living Area Main Floor:
1,673 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,673 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
None
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Other
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Jurisdiction name:
City of Victoria
Legal Description:
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:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Fixer, Land Value Only
Exposure / Faces:
Southwest
Layout:
Other
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street
Total Parking Spaces:
2
Total Units:
Date Listed:
Aug 25, 2025
Original Price:
1800000.0
  • Photo 1: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 2: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 3: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 4: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 5: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 6: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 7: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 8: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
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  • Photo 9: 220 Michigan St in Victoria: Vi James Bay Single Family Residence for sale : MLS®# 1011888
    Photo 9 of 9
Listed by eXp Realty
Data was last updated September 2, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$874,500
Min list price:
$229,000
Max list price:
$3,950,000
Avg days on market:
50
Min days on market:
6
Max days on market:
314
Avg price per sq.ft.:
$734.59
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.

Real estate victoria bc james bay

If you're looking for real estate in Victoria, BC, you may want to consider James Bay. This historic neighborhood is located just south of downtown Victoria and offers a range of real estate options, from heritage homes to modern condominiums. With its beautiful architecture, waterfront location, and proximity to the city's amenities, James Bay is one of the most sought-after neighborhoods in Victoria, BC.


The real estate market in James Bay is quite diverse, with a variety of housing options available. If you're looking for a heritage home, you'll find plenty of options in James Bay. Many of these homes have been lovingly restored and offer unique architectural features, such as stained glass windows, high ceilings, and intricate woodwork. For those looking for a more modern option, there are also several condominium buildings in James Bay that offer stunning views of the waterfront and the city skyline.


One of the benefits of living in James Bay is its proximity to the city's amenities. Residents of James Bay can easily walk or bike to downtown Victoria, where they'll find an array of shops, restaurants, and cultural attractions. The neighborhood is also home to several parks and green spaces, including Beacon Hill Park and Fisherman's Wharf Park, which offer opportunities for outdoor recreation and relaxation.


Another benefit of buying real estate in James Bay is its waterfront location. The neighborhood is situated on the edge of Victoria's Inner Harbor, which is a popular destination for tourists and locals alike. From James Bay, residents can enjoy stunning views of the harbor and the surrounding mountains. The neighborhood is also home to several marinas, making it a great option for boating enthusiasts.


The real estate market in Victoria, BC is quite competitive, but James Bay remains one of the most desirable neighborhoods in the city. With its historic charm, waterfront location, and proximity to the city's amenities, it's no wonder that many people choose to call James Bay home.


If you're interested in buying real estate in James Bay, there are several things to keep in mind. First, be prepared to act quickly. Homes in this neighborhood tend to sell quickly, so you'll need to be ready to make an offer when you find a property you love. Second, work with a local real estate agent who knows the area well. An experienced agent can help you navigate the competitive market and find the perfect home for you.


In conclusion, if you're looking for real estate in Victoria, BC, James Bay is a great option to consider. With its diverse housing options, proximity to the city's amenities, and stunning waterfront location, it's no wonder that this neighborhood remains one of the most desirable in Victoria. So why not start exploring today and find your dream home in James Bay?

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.