501 550 Michigan St, Victoria

Ensuite - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 1

78 Photos

Kitchen - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 2
Entrance - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 3
Bathroom - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 4
Primary Bedroom - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 5
Living room - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 6
Dining room - 501 550 Michigan St, Victoria, BC V8V1S1 Photo 7
  • Bedrooms: 2
  • Bathrooms: 3
  • Living area: 2512 square feet
  • MLS®: 949598
  • Type: Apartment
  • Added: 143 days ago

Property Details

Modern Luxury Penthouse at its Finest at Capitol Park Residences. This exquisite boutique-style Penthouse boasts an elegant open floor plan with impeccable quality at over 1,434 sq. ft of contemporary space. Highest quality Concrete & steel new construction built by the foremost Concert & Jawl Property Developers. Enter the Residence & you step into your sophisticated & understated bright & airy home, providing large windows & 2 balconies (one for the great room & other for the Primary Bedroom. )The great room & gourmet Kitchen is flanked by 2 bedrooms & spa bathrooms. Contemporary gourmet kitchen includes flat panel cabinetry, quartz slab countertops,& backsplash, marble-patterned quartz waterfall lrg. island- & integrated Bosh appliances. Spa-like bathrooms with soaker tub, frameless glass shower & in-floor heating in all 3 bathrooms. State of the art programming for security and 2 secured U/G parking Elegant wood & glass staircase leads you to the Upper Roof Top Terrace of over 1,043 sq. feet of elegant entertaining, along with landscaped gardens. Attention to detail yet graceful & understated in every way! South views of the Olympic mountains, facing James Bay mature tree canopies, & some distant ocean glimpses. Capitol Park offers premium amenities such as a Fitness room & large lounge & outdoor terrace to enjoy. Steps to the Inner Victoria Harbour & downtown restaurants. Minutes walk to Beacon Hill Park, rugged ocean beaches off Dallas Rd. & Ogden point inspiring one with the BC West Coast lifestyle in every way.! The epitome of urban refined living at its best & not to be missed! (id:1945)

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Property Information

  • View: City view, Mountain view
  • Zoning: Residential
  • Cooling: Air Conditioned
  • Heating: Forced air, Heat Recovery Ventilation (HRV), Electric, Other
  • List AOR: Victoria
  • Year Built: 2021
  • Living Area: 2512
  • Lot Features: Irregular lot size, Other
  • Photos Count: 78
  • Lot Size Units: square feet
  • Parcel Number: 031-473-041
  • Parking Total: 2
  • Bedrooms Total: 2
  • Structure Type: Apartment
  • Association Fee: 974.86
  • Common Interest: Condo/Strata
  • Tax Annual Amount: 8785.12
  • Community Features: Family Oriented, Pets Allowed With Restrictions
  • Lot Size Dimensions: 1566
  • Zoning Description: CD-2
  • Architectural Style: Contemporary
  • Lease Amount Frequency: Monthly
  • Above Grade Finished Area: 1469
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Ensuite Main level 4-Piece
Kitchen Main level 9'4 x 15'5
Entrance Main level 4'8 x 6'2
Bathroom Main level 2-Piece
Primary Bedroom Main level 11'11 x 21'10
Living room Main level 13'9 x 15'9
Dining room Main level 10'0 x 13'9
Bedroom Main level 10'0 x 10'5
Ensuite Main level 4-Piece
Balcony Main level 6'0 x 20'7
Balcony Main level 6'0 x 10'5
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Nearby Places

Name Type Address Distance
The Rosewood Victoria Inn Cafe 595 Michigan St 0.1 km
British Columbia Legislature Building Establishment 501 Belleville St 0.2 km
Legislative Assembly of British Columbia The Legislature meets in Victoria... 0.2 km
British Columbia Parliament Buildings The Speaker and the Sergeant-At-Arms are amongst t... 0.3 km
Royal British Columbia Museum The museum is located in Victoria, British Columbi... 0.3 km
Hotel Grand Pacific Cafe 463 Belleville St 0.4 km
Royal BC Museum Museum 675 Belleville St 0.4 km
Netherlands Centennial Carillon Its tower is located at the intersection of Govern... 0.4 km
Emily Carr House It was the childhood home of Canadian painter Emil... 0.4 km
Beacon Hill Park Park 100 Cook street 0.4 km
Thunderbird Park Park Victoria 0.4 km
Thunderbird Park (Victoria, British Columbia) The park is home to many totem poles (mostly Gitxs... 0.4 km
Similar Condos Stat in Victoria
We have found 6 Condos that closely match the specifications of the property located at 501 550 Michigan St with distances ranging from 2 to 6 kilometers away. The prices for these similar properties vary between 1,299,900 and 1,599,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the V8V1S1 postal code area of Victoria British Columbia Canada.
501 550 Michigan St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 501 550 Michigan St. The current price of the property is $1,999,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,599,920. This would result in a monthly mortgage payment of $9,352 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 60
Bachelor's degree 155
University / Above bachelor level 25
College 85
University degree at bachelor level or above 250

Neighbourhood Marital Status Stat

Married 325
Widowed 125
Divorced 90
Separated 30
Never married 260
Living common law 105
Married or living common law 430
Not married and not living common law 505

Neighbourhood Construction Date

1961 to 1980 90
1981 to 1990 45
1991 to 2000 95
2001 to 2005 10
2006 to 2010 15
1960 or before 90
Comparison of 501 550 Michigan St, Victoria, BC with Nearby Condos
Nearby Cities Listings Avg. price
Oak Bay Homes for Sale 75 $2.581.748
Saanich Homes for Sale 286 $1.541.177
Esquimalt Homes for Sale 66 $1.022.512
Colwood Homes for Sale 96 $1.186.211
Langford Homes for Sale 377 $1.004.653
Central Saanich Homes for Sale 66 $2.010.922
Duncan Homes for Sale 240 $960.037
North Saanich Homes for Sale 64 $1.971.628
Popular Cities Listings Avg. price
Richmond Homes for Sale 748 $1.635.992
Surrey Homes for Sale 2556 $1.599.638
Vancouver Homes for Sale 2801 $2.107.637
Burnaby Homes for Sale 824 $1.403.230
Nanaimo Homes for Sale 687 $896.490
Langley Homes for Sale 1015 $1.823.276
Coquitlam Homes for Sale 518 $1.679.206
North Vancouver Homes for Sale 484 $1.765.518
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