220 Michigan St
Victoria
V8V 1R3
$1,800,000
Residential
beds: 0
baths: 1.0
3,588 sq. ft.
built: 1901
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1011888
- Bathrooms:
- 1
- Year Built:
- 1901
- Photos (9)
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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:
- Signup
- Existing Lease Expiry:
- Signup
- 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:
- Signup
- Construction:
- See Remarks
- New Construction:
- No
- Basement:
- Partially Finished
- Foundation:
- Other
- Roof:
- See Remarks
- Ceiling Heights:
- Signup
- Total Building Area:
- 5,019 sq. ft.
- Total Unfinished Area:
- 1,431 sq. ft.
- Commercial Area:
- Signup
- # 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:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- 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:
- Signup
- Date Listed:
- Aug 25, 2025
- Original Price:
- 1800000.0
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Listed by eXp Realty
Data was last updated August 27, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 82
- Avg list price:
- $891,944
- Min list price:
- $214,000
- Max list price:
- $3,950,000
- Avg days on market:
- 49
- Min days on market:
- 1
- Max days on market:
- 307
- Avg price per sq.ft.:
- $730.24
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.
- CARA PRIDDY
- MACDONALD REALTY VICTORIA
- 1 (250) 8890622
- Contact by Email
Location
755 Humboldt Street
Victoria, BC, V8W 1B1