307 305 Michigan St
Victoria, BC V8V1R6
$389,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 657 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $470/mo
- Annual property tax
- $2,101.85
Interior
- Heating
- Baseboard heaters, Hot Water
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Total spaces
- 1 — covered indicated
- Features
- Carport
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 |
|---|---|---|
| Bathroom | Main level | 4-Piece |
| Primary Bedroom | Main level | 9' x 12' |
| Kitchen | Main level | 6' x 8' |
| Dining room | Main level | 7' x 8' |
| Living room | Main level | 12' x 17' |
| Balcony | Main level | 5' x 12' |
| Entrance | Main level | 5' x 5' |
Listing Information
- MLS®
- 1047337
- Listed
- August 22, 2026
- Time on market
- On the market for 9 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.
Description
Live in the heart of James Bay, where some of Victoria’s most loved destinations are just a short walk from your door This bright one bedroom one bath condo offers an inviting, move in ready home in one of the city’s most desirable and walkable neighbourhoods. Freshly painted throughout with new lighting and tasteful updates, the suite feels clean, comfortable and well cared for. Set within a pet friendly, well-maintained building with a well-run strata, this is an excellent opportunity for those seeking a low-maintenance home, second residence or investment in a location that captures the best of Victoria living. Beacon Hill Park, the Inner Harbour, Parliament Buildings, Royal BC Museum, Dallas Road waterfront, Fisherman’s Wharf, cafés, restaurants, groceries and downtown shopping are all close at hand. (id:63159)
Values & Trends
This listing
$654/sqft
Building average
—
No other active listings in this building
James Bay average
$695/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
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
52
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 |
|---|---|---|
| James Bay Community | Elementary | 249 m |
| South Park Family School | Elementary | 813 m |
| Pacific School of Innovation and Inquiry(Independent) | Secondary | 935 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 1.4 km |
| Victoria West Elementary | Elementary | 1.9 km |
| Sir James Douglas Elementary | Elementary | 2.2 km |
| Central Middle School | Elementary | 2.3 km |
| Ecole Macaulay Elementary | 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+)
- Aegir Room · 500 Oswego Street258 m
- Murder Burger · 332 Menzies Street336 m
- Heron Rock Bistro339 m
- The Coriander Indian · 230 Menzies Street352 m
- Harbour House Restaurant · 607 Oswego Street361 m
Cafes (5+)
- James Bay Coffee House · 425 Simcoe Street350 m
- Nourish Kitchen & Cafe361 m
- Discovery Coffee · 277 Menzies Street379 m
- Piggy & Paisley · 143 Menzies Street436 m
- Courtyard Café441 m
Grocery (2)
- Red Barn Market · 325 Menzies Street364 m
- Thrifty Foods James Bay · 475 Simcoe Street398 m
Parks (5+)
- Macdonald Park · 212 Niagara Street298 m
- Irving Park302 m
- Ernest Todd Playground · 111 Montreal Street391 m
- Quadra Park · 407 Belleville Street398 m
- Charles Redfern Park · 200 Quebec Street430 m
Gyms (1)
- Fitness Center · 525 Superior Street454 m
Pharmacies (1)
- James Bay Pharmasave · 230 Menzies Street373 m
Banks & ATMs (2)
- Unnamed · 475 Simcoe Street385 m
- Unnamed791 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,495) — 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.