307 550 Michigan St

type

Condo, Single Family

bedrooms

2

bathrooms

2

living area

1,010 sq ft

parking

1

year built

2021

property tax

$5,824 / yr

strata fee

$774 / mo ($0.77 / sq ft)

strata rules

Pets Allowed With Restrictions

days on market

9

MLS®

1052481

• Central location
• Other
• Family Oriented
• Pets Allowed With Restrictions
• Washer
• Refrigerator

• Floor plan

found among the listing photos.

Estimated tax up 16.3% from 2025 to 2026.

The listing shows $5,824 a year in property tax.

Estimate: the BC Assessment value times Victoria's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

• Rezoning for a 7 storey building

  290 m away · 2023 · under review · 475 Kingston Street

  The City is considering a Rezoning Application to add multiple dwelling residential uses to facilitate the development of an approximately seven-storey, multiple dwelling building. Concurrent with DP000625.

• Rezoning for a 6 storey building

  190 m away · 2025 · under review · 441-443 Government Street and 605-607 Michigan Street

  The City is considering a Rezoning Application to increase the density to facilitate the development of an approximately six-storey multiple dwelling building. Concurrent with Development Permit with Variances DPV00292.

• Development permit for a 6 storey building

  390 m away · 2026 · under review · 350 & 360 Douglas Street

  The City is reviewing a Delegated Development Permit application to construct a six storey, multiple dwelling residential building while retaining the two buildings. <br>Concurrent Delegated Heritage Alteration Permit No. 00344. <br><br>Under the site’s existing zoning, the application may be permitted; however, it requires staff review against city policy/guidelines and a decision of the Director

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Victoria development tracker.

• Heritage

  This address is inside the Legislative Precinct heritage conservation area (Victoria). Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.

  Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

the building's lot: 5,678 m² (61,117 sq ft) · PID 031-472-851. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

sold vs last asking

-3.1%

median, 72 condos sold

listed now

43 days

median for 349 condos for sale; this one 9 days

Condos in Victoria, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.