116 530 Michigan St
Victoria, BC V8V0G2
$679,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 551 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $402/mo
- Annual property tax
- $3,558.96
Interior
- Heating
- Baseboard heaters, Heat Recovery Ventilation (HRV), Electric
- Cooling / A/C
- None
- Fireplace
- None
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave
Exterior & Lot
- Lot features
- Central location, Park setting, Other, Marine Oriented
Building
- Parcel ID (PID)
- 031-472-184
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Patio | Main level | — |
| Bedroom | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | 6'2 x 8'1 |
| Kitchen | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1046774
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 30, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
Welcome to Capital Park Residences in the heart of historic James Bay and a flagship property developed by Jawl Properties Ltd. This beautifully finished, 1-bedroom, 1-bathroom home offers sophisticated living just steps from the Inner Harbour, Parliament Buildings, Downtown Victoria, Beacon Hill Park, Restaurants, and more. The intuitive design features brushed white oak flooring, a contemporary kitchen with quartz countertops and backsplash and a premium Bosch appliance package. A unique feature of this interior unit and Capital Park is the beautiful water features in the courtyard. Relax away from the noise of the road and enjoy the peaceful sound of water right from home. Residents enjoy premium amenities including the Serenity Lounge w/ outdoor terrace, fitness studio, secure underground parking, secure entry, bike storage, Storage locker, plus convenient access to Red Barn Market, Good Earth Coffeehouse, and the Victoria Public Library. (id:63159)
Values & Trends
This listing
$1,232/sqft
Building average
$1,191/sqft
1 active listing(s)
James Bay average
$679/sqft
37 active listing(s)
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
14°C
Mainly Clear
Humidity 86%
Wind WSW 7 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
| School | Type | Distance |
|---|---|---|
| South Park Family School | Elementary | 422 m |
| James Bay Community | Elementary | 576 m |
| Pacific School of Innovation and Inquiry(Independent) | Secondary | 743 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 1.1 km |
| Sir James Douglas Elementary | Elementary | 1.8 km |
| Central Middle School | Elementary | 2.0 km |
| Victoria West Elementary | Elementary | 2.2 km |
| Victoria High | Elementary | 2.3 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 Street100 m
- The Bop122 m
- Levantine166 m
- Real Thai Restaurant · 211 Menzies Street214 m
- The Coriander Indian · 230 Menzies Street215 m
Cafes (5+)
- Discovery Coffee · 277 Menzies Street88 m
- Good Earth Coffeehouse · 535 Superior Street92 m
- Colonial Cafe278 m
- Piggy & Paisley · 143 Menzies Street285 m
- James Bay Coffee House · 425 Simcoe Street286 m
Grocery (2)
- Red Barn Market · 325 Menzies Street54 m
- Thrifty Foods James Bay · 475 Simcoe Street315 m
Parks (5+)
- Irving Park158 m
- Avalon Green · 601 Avalon Road304 m
- Confederation Plaza · 600 Menzies Street361 m
- South Park406 m
- Quadra Park · 407 Belleville Street472 m
Gyms (2)
- Fitness Center · 525 Superior Street84 m
- Unnamed657 m
Pharmacies (1)
- James Bay Pharmasave · 230 Menzies Street244 m
Banks & ATMs (4)
- Unnamed · 475 Simcoe Street301 m
- Unnamed582 m
- Unnamed660 m
- National Bank · 880 Douglas Street789 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.