Property Type: Condo / ApartmentOwnership: Strata

107 530 Michigan St

Victoria, BC V8V0G2

$659,900

1 bed1 bath1 parking554 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
768 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$402/mo
Annual property tax
$3,242

Interior

Heating
Baseboard heaters, Heat Recovery Ventilation (HRV), Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
PatioMain level9'4 x 12'11
BedroomMain level9'4 x 9'6
Living roomMain level9'11 x 10'7
Dining roomMain level8'6 x 11'3
BathroomMain level6'2 x 8'1
KitchenMain level8'2 x 8'5
EntranceMain level4'6 x 6'5

Listing Information

MLS®
1039659
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Welcome to Capital Park Residences, one of Victoria's most sought-after communities in the heart of historic James Bay. Developed by Concert and Jawl Properties, this master-planned neighbourhood combines timeless architecture, beautifully landscaped grounds, and an unbeatable walkable location just steps from the Inner Harbour, Beacon Hill Park, downtown Victoria, restaurants, shopping, and cultural attractions. This beautifully appointed, one-bedroom, one-bathroom residence offers sophisticated modern living with brushed white oak flooring, a designer kitchen featuring flat-panel cabinetry, quartz slab countertops and backsplash, a striking marble-inspired quartz waterfall island, and integrated Bosch appliances. The spa-inspired bathroom showcases large-format porcelain tile, in-floor heating, and a luxurious soaker tub. A rare offering, this home boasts an expansive private fenced and gated terrace with direct street access from Michigan Street—perfect for entertaining, gardening, pet owners, or simply enjoying outdoor living. Residents enjoy exceptional amenities, including the Serenity Lounge and outdoor terrace, a fully equipped fitness studio, secure underground parking, and convenient access to on-site amenities including Red Barn Market, Good Earth Coffeehouse, and the Victoria Public Library. Offering the perfect balance of urban convenience and neighbourhood charm, this is an exceptional opportunity to own in one of Victoria's premier residential communities. (id:63159)

Values & Trends

This listing

$1,191/sqft

Building average

$1,232/sqft

1 active listing(s)

James Bay average

$680/sqft

37 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
South Park Family SchoolElementary418 m
James Bay CommunityElementary580 m
Pacific School of Innovation and Inquiry(Independent)Secondary750 m
Christ Church Cathedral School(Independent)Elementary/Middle1.1 km
Sir James Douglas ElementaryElementary1.8 km
Central Middle SchoolElementary2.0 km
Victoria West ElementaryElementary2.3 km
Victoria HighElementary2.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Murder Burger · 332 Menzies Street113 m
  • The Bop117 m
  • Levantine159 m
  • Real Thai Restaurant · 211 Menzies Street207 m
  • The Coriander Indian · 230 Menzies Street212 m

Cafes (5+)

  • Discovery Coffee · 277 Menzies Street85 m
  • Good Earth Coffeehouse · 535 Superior Street94 m
  • Colonial Cafe266 m
  • Piggy & Paisley · 143 Menzies Street279 m
  • James Bay Coffee House · 425 Simcoe Street282 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street59 m
  • Thrifty Foods James Bay · 475 Simcoe Street310 m

Parks (5+)

  • Irving Park159 m
  • Avalon Green · 601 Avalon Road292 m
  • Confederation Plaza · 600 Menzies Street372 m
  • South Park400 m
  • Thunderbird Park · 638 Douglas Street484 m

Gyms (2)

  • Fitness Center · 525 Superior Street90 m
  • Unnamed665 m

Pharmacies (1)

  • James Bay Pharmasave · 230 Menzies Street240 m

Banks & ATMs (4)

  • Unnamed · 475 Simcoe Street296 m
  • Unnamed588 m
  • Unnamed669 m
  • National Bank · 880 Douglas Street797 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,920.00
Periodic payment — Principal & Interest (monthly)$3,405.96
Additional monthly expenses (strata, tax, utilities, etc.)$700.46
Total monthly cost$4,106.42
Interest paid over 5-yr term$151,303.39
Balance at end of term$474,865.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,759.20

Cash Needed at Closing

Minimum down payment$40,990
Estimated BC PTT$11,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,688

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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