Victoria Real Estate
111 Michigan St photo 1 of 31
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111 Michigan St

$659,000

James Bay

Townhouse2 bd · 2 ba · 1,489 sqftBuilt 1979$443/sqft3 days on market

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About this home

Discover this private 2 bedroom, 2 bathroom townhouse in the heart of James Bay, one of Victoria’s most desirable neighbourhoods. Close to the ocean, downtown, and all the amenities the area is known for, the location is truly unbeatable. The thoughtful layout includes two bedrooms each with their own ensuite, a dining area, and convenient in-suite laundry hook up. Vaulted ceilings and skylights create an airy atmosphere, while a balcony, private patio, and secure garage add to the home’s appeal. Nestled in a small strata, this property combines comfort, functionality, and an exceptional walkable lifestyle near shops, cafés, Beacon Hill Park, and the Inner Harbour. (id:65179)

Property details

From the listing's public record.

Lot size

1,997 square feet

Year built

1979

Taxes

$4,733/yr

Strata / HOA

$400/month

Zoning

Residential

Appliances

RefrigeratorRange - ElectricDishwasher

Heating

Baseboard heatersElectric

Parking

Garage

Lot

Irregular lot size

Community

Family OrientedPets Allowed

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Nov 3, 2026

    Listed $659,000

    Active3 days on marketMLS 1053515
  2. Aug 14, 2026

    Listed $699,000

    Ddf_delisted81 days on marketMLS 1046847
  3. Feb 16, 2026

    Listed $714,000

    Ddf_delisted135 days on marketMLS 1025628
  4. Sep 29, 2025

    Listed $719,000

    Expired137 days on marketMLS 1014531
  5. Aug 28, 2009

    $412,000

    Sold18 days on marketMLS 505625

How this listing compares

Based on 21 sales in James Bay

Median sold

$902,000

Avg days on market

47 days

Avg sale-to-list

97.6%

Avg $/sqft

$556

Price per square foot

This home: $443/sqftArea average: $556/sqft

Below area average

Current market in James Bay

Active (same type)

8

Pending

4

All active listings

67

Months of supply

4.6

Balanced market — 4.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$834,000

Homes in Victoria sell at 95.5% of assessed value on average.

Based on 91 recent sales.

Local price trend

How James Bay has moved over the last decade.

334447560Dec 2016Oct 2021Oct 2026

Local price index (normalized) · 109 months

Recent nearby sales

12 sales
  • 10-50 Dallas Rd

    $1,350,000

    2 bd · 3 ba · 1,933 sqft · $698/sqft · 52 days on market

    Sold Oct 19, 2026 · 96.5% of list

  • 105-119 Ladysmith St

    $699,000

    2 bd · 1 ba · 1,020 sqft · $685/sqft · 43 days on market

    Sold Oct 15, 2026 · 97.1% of list

  • 5-416 Dallas Rd

    $1,290,000

    3 bd · 2 ba · 2,862 sqft · $451/sqft · 9 days on market

    Sold Oct 5, 2026 · 103.2% of list

  • 207 Quebec St

    $1,185,000

    3 bd · 4 ba · 2,832 sqft · $418/sqft · 133 days on market

    Sold Sep 29, 2026 · 92.9% of list

  • A-142 St. Lawrence St

    $620,000

    3 bd · 2 ba · 1,336 sqft · $464/sqft · 143 days on market

    Sold Sep 25, 2026 · 99.2% of list

  • 6-60 Dallas Rd

    $995,000

    2 bd · 3 ba · 2,174 sqft · $458/sqft · 12 days on market

    Sold Sep 14, 2026 · 99.5% of list

  • 4-48 Montreal St

    $540,000

    3 bd · 1 ba · 1,120 sqft · $482/sqft · 143 days on market

    Sold Aug 14, 2026 · 90.2% of list

  • 304-229 Ontario St

    $800,000

    4 bd · 2 ba · 2,028 sqft · $394/sqft · 57 days on market

    Sold Jul 30, 2026 · 96.5% of list

  • 106-119 Ladysmith St

    $725,000

    2 bd · 1 ba · 1,319 sqft · $550/sqft · 12 days on market

    Sold Jul 24, 2026 · 100% of list

  • C-142 St. Lawrence St

    $622,500

    2 bd · 1 ba · 1,080 sqft · $576/sqft · 14 days on market

    Sold Jul 14, 2026 · 98% of list

  • 21-60 Dallas Rd

    $874,500

    2 bd · 3 ba · 1,511 sqft · $579/sqft · 16 days on market

    Sold Jul 6, 2026 · 100% of list

  • 13-60 Dallas Rd

    $902,000

    2 bd · 3 ba · 1,742 sqft · $518/sqft · 57 days on market

    Sold Jun 2, 2026 · 100.2% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$659,000 − $131,800

$527,200

Down payment

20.0%

$131,800

Property Transfer Tax

$11,180

Legal / closing (est.)

$1,500

Cash to close

$144,480

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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