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501 550 Michigan St
Vi James Bay Victoria V8V 1S1

$1,999,900
Residential beds: 2 baths: 3.0 1,469 sq. ft. built: 2021

Main Photo: 501 550 Michigan St in Victoria: Vi James Bay Condo for sale : MLS®# 949598
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Status:
Active
Prop. Type:
Residential
MLS® Num:
949598
Bedrooms:
2
Bathrooms:
3
Year Built:
2021
Modern Luxury Penthouse at its Finest at Capitol Park Residences.This exquisite boutique-style Penthouse boasts an elegant open floor plan, impeccable quality over 1,434 sq. ft. Highest quality Concrete & steel new construction & LEED GOLD Standard Build. Enter into your new sophisticated & understated bright home, Lrg. windows & 2 balconies. Contemporary gourmet kitchen includes flat panel cabinetry, quartz slab countertops & backsplash & marble-patterned quartz waterfall lrg. Island & integrated Bosh appliances. Spa-like baths -soaker tub, frameless glass shower & in-floor heating in all 3 bathrooms.2 secured U/G parking Elegant wood & glass staircase leads you to the Upper Roof Top Terrace of over 1,043 sq. feet, along with landscaped gardens.Southviews of the Olympic Mtns., facing James Bay mature tree canopies, & some distant ocean glimpses.Premium amenities a Fitness rm.& lrg. lounge & outdoor terrace. Steps to Inner Victoria Harbour & Epitome of Urban refined living at its best!
Property Type:
Residential
Type:
Condo Apartment
Year built:
2021 (Age: 3)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,469 sq. ft.
Main Building Living Area:
0 sq. ft.
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
2
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
1,566.011 sq. ft.
Kitchens:
1
Home Style:
Contemporary
Taxes:
Building Type:
Top Level
Construction:
Brick, Steel and Concrete
New Construction:
No
Foundation:
Block, Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
1
Number of Storeys:
5
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Tile, Wood
Total Building Area:
2,512 sq. ft.
Total Unfinished Area:
1,043 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
3
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,469 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
154 sq. ft.
Patio Area:
825 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
To Lot
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Electric, Forced Air, Heat Recovery, Radiant Floor
Fireplace:
No
Warranty:
Yes
Pending Date:
Dishwasher, F/S/W/D, Microwave, Oven Built-In
Closet Organizer, Dining/Living Combo, Storage
Blinds, Window Coverings
Balcony/Patio
Bike Storage, Elevator(s), Fitness Centre, Recreation Facilities, Recreation Room, Roof Deck, Secured Entry
City, Mountain(s)
Balcony, Deck/Patio, Separate Storage
Main Level
0
No age restrictions
Cats OK, Dogs OK
No pet restrictions
Yes
Propane or electricc
Yes
See bylaws
Some Rentals
Minimum 3-month rental
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Caretaker, Trash, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Water
Association Fee Year:
2023
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
CD-2
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
2
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Irregular Lot, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Guest, Underground
Total Parking Spaces:
2
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
2
Total Units:
Date Listed:
Dec 11, 2023
Original Price:
1999900.0
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Virtual Tour 2

Listed by Eleanor Smith of Royal LePage Coast Capital - Oak Bay
Data was last updated February 21, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$999,000
Min list price:
$219,000
Max list price:
$2,100,000
Avg days on market:
43
Min days on market:
1
Max days on market:
201
Avg price per sq.ft.:
$772.79
These statistics are generated based on the current listing's property type and located in Vi James Bay. Average values are derived using median calculations.
MIKAILA RHODES
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.