232 Michigan St, Victoria
James Bay · Half Duplex · MLS® 1031623 · Listed Apr 9, 2026
Ideally located just steps to the Inner Harbour, Dallas Road Waterfront, Beacon Hill Park, Fisherman's Wharf, and the everyday conveniences of James Bay Square Shopping Centre, this beautifully updated 3-bedroom plus studio, 2-bathroom character home offers the ultimate walkable lifestyle. Designed to feel like a detached home-only connected by a small rear awning—it blends timeless charm with modern upgrades, including original solid hardwood floors, coved ceilings, skylights, a new ducted heat pump, upgraded insulation, updated kitchen with new cabinetry and pantry, renovated bathrooms, refreshed lower level with new flooring and finished laundry, hot water on demand, new appliances, and 200-amp service. The self-contained studio (currently vacant) offers excellent flexibility for a mortgage helper, guest space, or home office, while the sunny south-facing yard and fresh exterior paint complete this exceptional offering. Location, lifestyle, and opportunity all in one.
| Property Type | Half Duplex |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 1,600 sqft |
| Lot Size | 3,049.2 sqft (0.07 acres) |
| Lot Features | Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Rectangular Lot, Shopping Nearby, Sidewalk, Southern Exposure |
| Parking | 1 space |
| Year Built | 1942 |
| Heating | Electric, Forced Air, Heat Pump |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Insulation All, Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood, Laminate, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $5,520.09 (2025) |
| Extras | Dishwasher, Dryer, F/S/W/D, Oven/Range Electric, Range Hood, Refrigerator, Washer |
| MLS® # | 1031623 |
| Brokerage | Royal LePage Coast Capital - Chatterton |
Similar properties sold within 6 months
James Bay single-family averages, updated daily. See James Bay market stats or Victoria market stats.
232 Michigan St, Victoria sold on April 17, 2026, after 8 days on the market.
It sold for $950,000 (listed at $950,000). Source: BC Assessment (registered sale).
It was on the market for 8 days, from April 9, 2026 to April 17, 2026.
A Half Duplex in James Bay, Victoria with 3 bedrooms, 2 bathrooms, 1,600 sqft, built in 1942.
It has 1 parking space.
The lot is 3,049.2 sqft (0.07 acres).
232 Michigan St, Victoria sold for $950,000, 5.4% below its BC-assessed value of $1,004,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 95%. Source: BC Assessment.
232 Michigan St, Victoria last changed hands from $1,015,000 (Feb 16, 2024) to $950,000 (Jun 26, 2026) — -6.4% over 2.4 years, about -2.7% per year. Source: BC Assessment.
Victoria is currently a buyer's market: median sold price $1,429,500, 7.5 months of inventory, homes typically selling in about 40 days.
There are 10 houses for sale in James Bay right now. Browse all James Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in James Bay is $1,429,500, based on 36 sales over the past 12 months. The median price per square foot is $697. Compare asking prices across the houses currently for sale in James Bay.
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 17, 2026.
