40 Government St.

$1,488,000

A beautiful James Bay original, rich in heritage character and just moments from the Dallas Road waterfront.

Single Family Residence located in Victoria - Vi James Bay, V8V 2K3

2370 sqft, 3 Beds, 3 Baths
MLS #1052892 Listed by Cheryl NelsonPemberton Holmes Ltd. - Oak Bay
  • Listed On: October 23, 2026
  • Built in: 1906
  • Type: Residential
  • Style: Character, Heritage,
  • Interior Features: Dining Room, Eating Area,
  • Exterior Features: Balcony/Deck, Fencing: Partial, Low Maintenance Yard,
  • Cooling: HVAC,
  • Heating: Electric, Forced Air, Heat Pump,
  • Fireplaces: 1
  • Flooring: Array
  • Basement: Full, Unfinished,
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 0.13 acres
  • Total Parking: 1
  • Parking Features: Driveway, On Street,
  • Features: Level, Private, Rectangular Lot,
  • Zoning: GRD-1 (PGA)

Description

Steps from stunning Dallas Road waterfront, this gorgeous heritage-designated James Bay home offers a rare choice: two one-bedroom residences with non-strata duplex status at 40/42 Government, or a generous single-family home with potential for 3 bedrooms (one currently a sitting room) plus a studio/flex space, or 4 bedrooms by repurposing the upper kitchen. Ideal for rental income, multigenerational living or one big, beautiful home - so many options! Original fir floors, graceful staircase, spacious light-filled rooms & enclosed sunroom preserve its enduring character. Substantial improvements include beautiful new main-floor kitchen & bath, 2018 roof, heat pump, on-demand hot water & attic vermiculite removal & 240V outlet for EV in driveway! Peaceful back garden enhances a 5,600 sqft lot, while 1,368 sqft of unfinished basement provides storage & utility space. Beacon Hill Park, Ogden Point & the Inner Harbour are just a short stroll away. This isn't just a home, it's a lifestyle!

Location

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