HomeVictoriaJames BayCondos for Sale

503 – 550 Michigan St, Victoria

503 – 550 Michigan St, Victoria

James Bay · Condo Apartment · MLS® 988424 · Listed Feb 19, 2025

3
Beds
3
Baths
1,784
Sqft
1,784 sqft
Lot
2
Parking
$1,285/mo
Strata Fee
2021
Built
Overview

About This Property

Welcome to unit 503 at Capital Park Residences, built by Concert & Jawl Properties, 2 of Victoria’s most prestigious developers. This 3BED & 3BATH penthouse seamlessly blends warmth & contemporary luxury offering sweeping views of Victoria’s Inner Harbour and historical Parliament buildings. The home features 2 main level balconies & an impressive 860 SqFt rooftop patio, perfect for year round enjoyment. Designed for entertaining, the main living area showcases a modern kitchen with two-toned cabinetry, integrated Bosch appliances, quartz countertops & an oversized waterfall island. The primary bedroom offers a private retreat, complete w/ a spa-like ensuite featuring a dual vanity, soaker tub, frameless glass shower & in-floor heating—standard in all bathrooms. Additionally the home includes 2 UG parking stalls & 2 storage lockers & access to premium amenities such as a live-in caretaker, gym & 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
Bedrooms3
Bathrooms3
Interior1,784 sqft
Lot Size1,784 sqft (0.04 acres)
Lot FeaturesIrregular Lot
Parking2 spaces
Year Built2021
HeatingBaseboard, Electric
ExteriorBrick, Steel and Concrete
RoofAsphalt Torch On
FoundationBlock, Concrete Perimeter
FlooringTile, Wood
WaterMunicipal
SewerSewer To Lot
ZoningResidential
Taxes$10,824.54 (2024)
Strata Fee$1,285/mo
PetsCats OK, Dogs OK
Building Stories5
Parking TypeGuest, Underground
AmenitiesBike Storage, Elevator(s), Fitness Center, Recreation Facilities, Recreation Room
Strata Fee IncludesWater
ExtrasDishwasher, Dryer, F/S/W/D, Microwave, Oven Built-In, Refrigerator, Washer
MLS® #988424
BrokerageEngel & Volkers Vancouver Island
Location

Map

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Property Insights

History & Activity

Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

james bay · condo
Seller’s market
$732,500
Median sold
2.6
Months of supply
48
Avg days to sell

James Bay condo averages, updated daily. See James Bay market stats or Victoria market stats.

Questions about this property

When did 503 – 550 Michigan St, Victoria sell?

503 – 550 Michigan St, Victoria sold on February 27, 2025, after 8 days on the market.

What did 503 – 550 Michigan St, Victoria sell for?

The sold price is available free with an 8X account; it was listed at $2,750,000. It is shown publicly once the sale is registered with BC Assessment.

How long was 503 – 550 Michigan St, Victoria on the market?

It was on the market for 8 days, from February 19, 2025 to February 27, 2025.

What kind of home is 503 – 550 Michigan St, Victoria?

A Condo Apartment in James Bay, Victoria with 3 bedrooms, 3 bathrooms, 1,784 sqft, built in 2021.

Does 503 – 550 Michigan St, Victoria have parking?

It has 2 parking spaces.

How big is the lot at 503 – 550 Michigan St, Victoria?

The lot is 1,784 sqft (0.04 acres).

What is the Victoria real estate market like now?

Victoria is currently a seller's market: median sold price $732,500, 2.6 months of inventory, homes typically selling in about 48 days.

What other condos are for sale in James Bay?

There are 29 condos for sale in James Bay right now. Browse all James Bay condos for sale to see current listings, updated daily from the MLS® system.

How much do condos cost in James Bay?

The median condo sold price in James Bay is $732,500, based on 218 sales over the past 12 months. The median price per square foot is $750. Compare asking prices across the condos currently for sale in James Bay.

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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.