220 Michigan St

220 Michigan St · Victoria, Downtown · House · 1 bath · $1,800,000 · MLS 1011888

Victoria, British Columbia · Neighbourhood: Downtown
C$1,800,000
For sale
220 Michigan St

220 Michigan St is located in Victoria (Downtown). Property snapshot: House, 1 bath, listed at $1,800,000, MLS 1011888. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded li

List Price: $1,800,000
MLS: 1011888
Bathrooms: 1
Interior Size: 3,588 sqft
Days on Market: -
Days on Site: 73
Deal Score: 50/100
Price History: Latest recorded list price 1800000.00

Local Decision Guide

How should buyers evaluate 220 Michigan St?

Start by reading this listing in its Victoria Downtown context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 220 Michigan St?

This page shows a list price of $1,800,000 with MLS 1011888.

What type of home is this Victoria, Downtown listing?

The page shows House, 1 bath at 220 Michigan St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1800000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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! (id:56153)

Property Details

House
Building Type
-
Bedrooms
1
Bathrooms
1901
Year Built
125 years
Age
73
Days on Site
9,600 sf
Lot Area
3,588 sqft
Interior Size
C$502
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 28772096 (1011888)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,800,000

Lot Area: 9,600 sf

PID: 000-041-939

Days on Site: 73 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Red Barn Market
About 585.5 m away
325 Menzies Street
Thrifty Foods James Bay
About 635.2 m away
475 Simcoe Street
Shopping Centres
James Bay Market
About 513.9 m away
James Bay Square
About 604.1 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 18 Mar 2026 05:54:46 AM PDT

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