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!
Address
220 Michigan St
List Price
$1,800,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
sale
Area
Victoria
Sub-Area
Vi James Bay
Bathrooms
1
Floor Area
3,588 Sq. Ft.
Lot Size
9600 Sq. Ft.
Lot Size (Acres)
0.22 Ac.
Year Built
1901
MLS® Number
1011888
Listing Brokerage
eXp Realty
Basement Area
Partially Finished
Postal Code
V8V 1R3
Tax Amount
$7,769.42
Tax Year
2024
Features
Other
