For Sale5d on market
550 Michigan St #101
Victoria, BC, V8V0G3 • James Bay • Capital Regional District
$689,000
$1126/sqft
Down payment assistance available
1Beds
1Baths
612Sqft
0.02 acLot
2021Built
Property DNA
City Views
City
Contemporary Style
Built 2021 · 5 years of history
Capital Park Residences
Bike Storage · Common Area · Elevator(s)
Enhanced Security
Fire Alarm · Fire Sprinkler System
Outdoor Living
Balcony/Patio
Hardwood & Tile Floors
Quality flooring throughout
$450/mo HOA
Bike Storage · Common Area · Elevator(s) · Meeting Room
Market activity
Demand and pricing signals for this listing
23 views
People checking out this listing
5 days on market
Just listed — act fast
$1,126/sqft
Price per square foot
About this home
Condo · 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.
Standout features identified
Our analysis highlights inviting courtyards, peaceful walkways, and calming water features as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,944/month
Principal & Interest$3,575
Property Tax$689
Insurance$230
HOA$450
Down payment20% ($137,800)
3%50%
Est. 6.75% rate · 30yr fixed · $551,200 loan
Full calculator →Video Tour
Open in new tab ↗Loading video tour…
At a glance
Key facts and listing details
TypeCondominium, Apartment
Year Built2021
HeatingBaseboard, Electric, Heat Recovery
CoolingNone
Parking1 Open Parking space
HOAC$450 monthly
Days on Zillow5 Days
Price/sqftC$1,126
Property
Home typeCondo
Sub-typeCondominium, Apartment
StyleContemporary
ConditionResale
Year built2021
Systems
HeatingBaseboard, Electric, Heat Recovery
CoolingNone
RoofMembrane,Other
ConstructionSteel and Concrete
Water / SewerMunicipal / Other
Parking & Outdoor
ParkingOn Street, Underground
Lot871.20 sqft
Location & Tax
NeighborhoodJames Bay
ZoningCD-2
Annual tax$3,318
Parcel031472737
Bathrooms & Fees
HOA$450/mo
Features & details
16 categories of property features
Interior Features
Interior
Closet Organizer
Dining/Living Combo
Elevator
Storage
Appliances
Built-In Range
Dishwasher
F/S/W/D
Microwave
Oven/Range Electric
Range Hood
Refrigerator
Flooring
Hardwood
Tile
Heating
Baseboard
Electric
Heat Recovery
Cooling
None
Laundry
In Unit
Windows
Aluminum Frames
Window Coverings
Accessibility
Ground Level Main Floor
No Step Entrance
Exterior Features
Exterior
Garden
Water Feature
Parking
On Street
Underground
Construction
Steel and Concrete
Patio & Porch
Balcony/Patio
Lot Features
Central Location
Security
Fire Alarm
Fire Sprinkler System
Views
City
Utilities
Compost
Electricity Available
Garbage
Recycling
Room details
1 room detailed
Kitchen
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. rent$2,096/mo
Price/sqft$1126
On marketApr 9, 2026
PostedApr 9, 2026
MLS updatedApr 13, 2026
Tour days6
Views23
How are the schools in Victoria?
1 school rated nearby
Location
Victoria, BC, V8V0G3
Price history
1 event
DateEventPrice$/sqftSource
Apr 9, 2026Listed For Sale$689,000$1,126VIVA
Listed For Sale$689,000
Apr 9, 2026•$1,126/sqft•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Victoria, BC • Capital Regional District
Nearby neighborhoods
DowntownFairfieldFernwoodGonzalesHarris GreenHillsideJames BayNorth ParkRockbayRockland
Nearby cities
Central SaanichColwoodEsquimaltLangfordNorth SaanichOak BaySaanichSidney
Nearby zip codes
V8RV8SV8TV8VV8WV9A
Similar homes
Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
No obligation · Same-day response