HomeVictoriaCapital ParkCondos for Sale

203 – 550 Michigan St, Victoria

203 – 550 Michigan St, Victoria

Capital Park · Condo Apartment · MLS® 984981 · Listed Jan 20, 2025

2
Beds
2
Baths
1,166
Sqft
1,133 sqft
Lot
2
Parking
$780/mo
Strata Fee
2021
Built
Overview

About This Property

Welcome to Capital Park Residences. Just steps away from Victoria’s Inner Harbour in the heart of James Bay. This is a 2 bedroom, 2 bath, PLUS office unit. A very rare 2 parking spaces in this steel and concrete construction building. Some of the features included in this corner unit are white oak flooring, in-floor electric heat in the bathrooms, and fully integrated Bosch appliances in the kitchen. The kitchen features wood grain and white cabinetry, quartz countertops, backsplashes and quartz waterfall island and views of the Legislature. The bathrooms include soaker tub, frameless glass shower, large-format porcelain tiles and in-floor heating. The office features custom millwork and a Murphy bed for guests. Capital Park Residences offers an extensively-landscaped master-plan community in a vibrant part of town. This building also offers a live-in caretaker, gym and serenity room!

Capital Park condo building, 550 Michigan StIn this buildingCapital Park550 Michigan St & 530 Michigan St, Victoria, BC113units5floors2021built1 Cat1 DogBicycle StorageDog AreaEV ChargingView building directory & all units
Property Details

Features & Details

Property TypeCondo Apartment
Bedrooms2
Bathrooms2
Interior1,166 sqft
Lot Size1,133 sqft (0.03 acres)
Parking2 spaces
Year Built2021
HeatingBaseboard, Electric
ExteriorBrick, Steel and Concrete
RoofAsphalt Torch On
FoundationBlock, Concrete Perimeter
FlooringHardwood, Tile
WaterMunicipal
SewerSewer To Lot
ZoningResidential
Taxes$4,959.56 (2023)
Strata Fee$780/mo
PetsAquariums, Birds, Cats OK, Dogs OK, Number Limit
Building Stories5
Parking TypeUnderground
AmenitiesBike Storage, Common Area, Elevator(s), Fitness Center, Meeting Room, Recreation Facilities
Strata Fee IncludesWater
ExtrasDishwasher, F/S/W/D, Microwave, Oven Built-In
MLS® #984981
BrokerageNewport Realty Ltd.
Location

Map

Neighbourhood

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Property Insights

History & Activity

Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

victoria · condo
Seller’s market
$545,000
Median sold
3.9
Months of supply
39
Avg days to sell

Victoria condo averages, updated daily. See Victoria market stats or full dashboard.

Questions about this property

When did 203 – 550 Michigan St, Victoria sell?

203 – 550 Michigan St, Victoria sold on March 17, 2025, after 56 days on the market.

What did 203 – 550 Michigan St, Victoria sell for?

It sold for $1,265,000 (listed at $1,295,000). Source: BC Assessment (registered sale).

How long was 203 – 550 Michigan St, Victoria on the market?

It was on the market for 56 days, from January 20, 2025 to March 17, 2025.

What kind of home is 203 – 550 Michigan St, Victoria?

A Condo Apartment in Capital Park, Victoria with 2 bedrooms, 2 bathrooms, 1,166 sqft, built in 2021.

Does 203 – 550 Michigan St, Victoria have parking?

It has 2 parking spaces.

How big is the lot at 203 – 550 Michigan St, Victoria?

The lot is 1,133 sqft (0.03 acres).

How did the sold price of 203 – 550 Michigan St, Victoria compare to its BC assessment?

203 – 550 Michigan St, Victoria sold for $1,265,000, 15.9% above its BC-assessed value of $1,091,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 116%. Source: BC Assessment.

What is the Victoria real estate market like now?

Victoria is currently a seller's market: median sold price $545,000, 3.9 months of inventory, homes typically selling in about 39 days.

What other condos are for sale in Victoria?

There are 325 condos for sale in Victoria right now. Browse all Victoria condos for sale to see current listings, updated daily from the MLS® system.

How much do condos cost in Victoria?

The median condo sold price in Victoria is $545,000, based on 940 sales over the past 12 months. The median price per square foot is $690. Compare asking prices across the condos currently for sale in Victoria.

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VREB · Victoria Real Estate Board

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 20, 2026.