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405 550 Michigan St
Vi James Bay Victoria V8V 0G3

$1,269,000
Residential beds: 2 baths: 2.0 1,222 sq. ft. built: 2021

CAPITAL PARK @ 550 MICHIGAN ST, THE BOUTIQUE BLD WITH ONLY 36 DOORS.
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Status:
Active
Prop. Type:
Residential
MLS® Num:
977866
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
2 BED / 2 BATH + DEN & 2 PARKING STALLS at the highly regarded CAPITAL PARK RESIDENCES @ 550 MICHIGAN ST, a 2021 built steel & concrete boutique style 36 door residential development from multi award winning Concert Properties. Ideally located on a quiet tree lined street in the idyllic James Bay Neighbourhood just a short walk away from Downtown Victoria. This corner condo SHOWS AS NEW, looks directly at the Parliament Buildings and features: very efficient floor plan with great room concept design, 5-piece ensuite bathroom, private balcony for outdoor living, large Island Kitchen with quartz slab counters, EV Charger, big storage locker, excellent resident caretaker and superior finishing throughout. Truly a special property in a fantastic community with a walk score of 95!
Property Type:
Residential
Type:
Condo Apartment
Year built:
2021 (Age: 3)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,222 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1,222.008 sq. ft.
Kitchens:
1
Home Style:
Contemporary
Taxes:
Building Type:
Other Level
Building Features:
Bike Storage, Fire Alarm, Fire Sprinklers, Transit Nearby
Construction:
Brick, Insulation: Walls, Steel and Concrete
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Membrane
Levels:
1
Number of Storeys:
5
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Hardwood, Tile
Total Building Area:
1,222 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# 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:
1,222 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
64 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric, Heat Recovery, Radiant Floor
Fireplace:
No
Warranty:
Yes
Pending Date:
Dryer, Microwave, Oven Built-In, Oven/Range Electric, Range Hood, Refrigerator, Washer
Closet Organizer, Controlled Entry, Dining/Living Combo, Soaker Tub
Blinds, Insulated Windows
Balcony/Deck, Wheelchair Access
Bike Storage, Elevator(s), Fitness Center, Meeting Room, Recreation Room, Secured Entry
City
CAPITAL PARK RESIDENCES @ 550 MICHIGAN STREET. WEST OFF OF GOVERMENT ST OR EAST OFF OF MENZIES ST BEHIND THE PARLIAMENT BUILDINGS.
Balcony, Parking Stall, Separate Storage
Main Level
0
NO AGE RESTRICTION
Cats OK, Dogs OK
PETS WELCOME, NO SIZE RESTRICTIONS
Yes
BBQ PERMITTED, PROPANE OR ELECTRIC
Yes
CAPITAL PARK IS A 100% NON-SMOKING COMMUNITY
Unrestricted
90 DAY MIN AS PER PROVINCIAL RULES
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Other
Floor
Ensuite
Pieces
Other
Main Floor
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:
2024
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
CD-2
Accessibility:
Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
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:
1
Other Equipment:
Electric Garage Door Opener
Occupancy:
Vacant
Property Condition:
Resale
Utilities:
Underground Utilities
Exposure / Faces:
North
Layout:
Condo
Lot Site Features:
Central Location, Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Landscaped, Level, Marina Nearby, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Sidewalk
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Attached, Garage Double, Underground
Total Parking Spaces:
2
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
2
Total Units:
Date Listed:
Oct 04, 2024
Original Price:
1269000.0
  • Photo 1: 405 550 Michigan St Victoria BC
    CAPITAL PARK @ 550 MICHIGAN ST, THE BOUTIQUE BLD WITH ONLY 36 DOORS.
  • Photo 2: 405 550 Michigan St Victoria BC
    PRESTIGIOUS CAPITAL PARK RESIDENCES IN JAMES BAY
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    LOCAL TRAFFIC
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    ELEGANT LOBBY
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    405 LOOKS DIRECTLY AT THE PARLIAMENT BUILDINGS
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    V-STAGED PIC
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    PRIMARY BEDROOM
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    DINING AREA
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    PRIVATE BALCONY LOOKING DIRECTLY AT THE PARLIAMENT BUILDINGS.
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    YOUR NEXT DOOR NEIGHBOUR
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    LARGE ISLAND KITCHEN
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    SHOWS AS NEW
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    POPULAR GREAT ROOM CONCEPT DESIGN
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    SEATING AT KITCHEN ISLAND
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    NORTH / WEST CORNER
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    LOTS OF COUNTER AND CUPBOARD SPACE
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    PRIMARY BEDROOM
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    GENEROUS CLOSET SPACE IN PRIMARY BEDROOM
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    SPA LIKE MASTER BATHROOM
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    SOAKER TUB IN MASTER BATHROOM
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    2ND BEDROOM
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    2ND BEDROOM IS ON THE WEST SIDE OF THE UNIT
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    MAIN BATHROOM
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    WASHER / DRYER
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    ON-SITE FITNESS CENTRE
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    ENTRANCE TO THE SERENITY LOUNGE
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    SERENITY LOUNGE
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    LOOKING OUT ONTO THE DECK OF THE SERENITY LOUNGE
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    BALCONY OF THE SERENITY LOUNGE
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    DRONE PICTURE OF CAPITAL PARK RESIDENCES
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    WALK SCORE OF 95!
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    THE NEIGHBOURHOOD
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    THIS IS THE VIEW FROM 405 TOWARDS THE PARLIAMENT
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    STREETSCAPE
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    COMMON CAR WASH
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    GOOD EARTH COFFEE HOUSE JUST STEPS AWAY
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    THE NEIGHBOURHOOD
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    THE INNER HARBOUR
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    LOOKING TOWARDS CAPITAL PARK
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    THE FAMOUS EMPRESS HOTEL IS A 5 MINUTE WALK AWAY
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    RED BARN GROCERY IS WITHIN THE CAPITAL PARK DEVELOPMENT
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    EFFICIENT FLOOR PLAN
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    ONE OF SEVERAL BIKE ROOMS
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    2 PARKING STALLS WITH EV CHARGER INCLUDED
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    NICE SIZE STORAGE LOCKER
Listed by RE/MAX Generation
Data was last updated October 5, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$824,950
Min list price:
$215,000
Max list price:
$5,000,000
Avg days on market:
49
Min days on market:
2
Max days on market:
205
Avg price per sq.ft.:
$701.46
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.
TICARA COERTZE
STEVE GILLESPIE
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.