C$1,488,000

40 Government St, Victoria BC, V8V 2K3

Price per sqftC$627.85

Built in1906

Property size2,370 sqft

Property typeResidential

Courtesy of Pemberton Holmes Ltd. - Oak Bay

Overview

Active

Listed Oct 23, 2026

Updated 1h ago

Steps from the 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 even 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. A peaceful back garden enhances the 5,600 sqft lot, while approx. 1,368 sqft of unfinished basement provides storage & utility space. Beacon Hill Park, Ogden Point & the Inner Harbour are all just a short stroll away. This isn't just a home, it's a lifestyle!

Additional information

MLS^® ID: 1052892

Interior Features

Bedrooms: 3
Bathrooms: 3
Fireplace: Yes
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $8,117
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of Pemberton Holmes Ltd. - Oak Bay, Cheryl Nelson

Listing Contact: 250-885-6170

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