220 Michigan St, Victoria, BC V8V 1R3

$1,800,000
1
BA
3,588
SqFt

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Courtesy of eXp Realty

List Price
$1,800,000
Status
ACTIVE
MLS®
1011888
Property Type
Single Family Residential
Year Built
1901
Style
Other
Total baths
1
Living Area
3,588
Acres
0.22
Lot Size
9,600
District
Victoria
Neighbourhood
Vi James Bay

Property Description

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!

Additional Information

Layout
Other
Heating
Other
Roof
See Remarks
Parking Spaces
4
Parking Type
Carport Double, On Street
Laundry Feature
None
Taxes
$7,769
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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