220 Michigan St, Victoria
James Bay · Single Family Residence · MLS® 1011888 · Listed Aug 25, 2025
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!
| Property Type | Single Family Residence |
| Bathrooms | 1 |
| Interior | 3,588 sqft |
| Lot Size | 9,600 sqft (0.22 acres) |
| Parking | 4 spaces |
| Year Built | 1901 |
| Heating | Other |
| Basement | Partially Finished |
| Exterior | See Remarks |
| Roof | See Remarks |
| Foundation | Other |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $7,769.42 (2024) |
| MLS® # | 1011888 |
| Brokerage | eXp Realty |
Similar properties sold within 6 months
James Bay single-family averages, updated daily. See James Bay market stats or Victoria market stats.
It is listed at $1,800,000.
A Single Family Residence in James Bay, Victoria with 1 bathrooms, 3,588 sqft, built in 1901.
It has 4 parking spaces.
The lot is 9,600 sqft (0.22 acres).
Victoria is currently a buyer's market: median sold price $1,394,000, 7.5 months of inventory, homes typically selling in about 39 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 $1,394,000, based on 35 sales over the past 12 months. The median price per square foot is $705. 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 8, 2026.
