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40 Government Street

Victoria, British Columbia V8V2K3

MLS # 1052892

$1,488,000

Property Details

Type

Detached

Beds

3

Baths

3

Status

For Sale

About this property

Steps from the stunning Dallas Road waterfront, this heritage-designated James Bay home offers a rare choice: two one-bedroom residences with non-strata duplex status at 40/42 Government, or one gracious single-family home. Currently enjoyed as one residence, it offers potential for 3 bedrooms (one upper bedroom now serves as a sitting room). The upper kitchen can double as a studio or be repurposed as a den/office or 4th bedroom. Independent hydro services provide flexibility for rental income or multigenerational living. Original fir floors, generous proportions & a magnificent dark-wood staircase speak to the home's history, while natural light finds its way into different rooms throughout the day. Throw open the living room's beautiful French doors in summer & the enclosed sunporch becomes part of an expansive, inviting space for relaxing or entertaining. The gracious dining room invites lingering meals. The spectacular new main-floor kitchen is a standout, with beautifully detailed white cabinetry, warm wood accents, open display shelving & generous work surfaces. It's a thoughtful renovation that brings a sophisticated, timeless feel to the heart of the home. Considerable investment has been made here, including the new kitchen & main-floor bathroom, 2018 roof, heat pump, on-demand hot water & documented attic vermiculite removal, & plug for EV charger in driveway makes life easy! Upstairs, a bright sitting room enjoys lovely treetop outlooks, while the second kitchen opens directly to a private deck, where leisurely evening meals give way to beautiful James Bay sunsets. Outside, a peaceful back garden complements the generous 5,600 sq. ft. lot. The full unfinished basement offers 1,368 sq. ft. for storage & utility. Waterfront walks are on your doorstep, with Beacon Hill Park, Ogden Point & the Inner Harbour a short stroll away. An exceptional combination of architectural beauty, flexible living & one of Victoria's most cherished coastal settings.

Mortgage Estimate

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $676/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room Level Dimensions
Porch Main level 4'0 x 9'4
Bathroom Second level 1-Piece
Sunroom Main level 7' x 27'
Bathroom Second level 2-Piece
Bathroom Main level 4-Piece
Bedroom Second level 14' x 14'
Primary Bedroom Main level 10' x 13'
Kitchen Second level 10' x 10'
Kitchen Main level 12' x 13'
Dining room Second level 9' x 10'
Dining room Main level 14' x 17'
Primary Bedroom Second level 17' x 17'
Living room Main level 15' x 16'
Studio Main level 11' x 18'
Entrance Main level 10' x 12'

Facts & Location

Interior Size

2,370 sq ft

Parking

1 spaces

Lot Size

5600

Annual Taxes

$8,117

Year Built

1906

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Nov 4, 2026 2:15 PM

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