UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $501
MLS Listing ID 1011888
Three Quarter Bath 1
HOA Y/N No
Year Built 1901
Annual Tax Amount $7,769
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Property Description
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!
Location
State BC
County Capital Regional District
Community Vi James Bay
Area Victoria
Rooms
Kitchen 0
Interior
Heating Other
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features Carport Double, On Street
Garage Spaces 4.0
View Y/N false
Roof Type See Remarks
Total Parking Spaces 4
Garage No
Building
Foundation Other
Sewer Sewer Connected
Water Municipal
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Fixer, Land Value Only