New Listing
$1,488,000
 $7,988 est/mo Sourced by Back At You

40 Government St,Victoria, BC V8V2K3

Victoria, BC V8V2K3

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Description

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. (id:374)

Details

MLS #1052892
Listing TypeFor Sale
StyleHouse
StatusActive
Year1906
Days On Site3
Listing Provided ByPemberton Holmes Ltd. - Oak Bay | Cheryl Nelson

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,370
ZoningResidential
Acreage0.13

Interior

CoolingFully air conditioned
HeatingHeat Pump, Forced air, Electric
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesLevel lot, Private setting, Rectangular

Parking

Parking FeaturesStreet, Electric Vehicle Charging Station(s)
Parking Total1

Taxes

Tax Annual Amount8117.01

Area Information

ProvinceBC
CityVictoria
Postal CodeV8V2K3
Listing VS Median (in V8V2K3)
Price:
$1,488,000
low | high
Med:
$1,488,000
50% of Average
sqft:
2,370
low | high
Med:
2,370
50% of Average
$ / sqft:
$628
low | high
Med:
$628
50% of Average
On site:
3
low | high
Med:
3
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityVictoria
Postal CodeV8V2K3
Listing VS Median (in V8V2K3)
Price:
$1,488,000
low | high
Med:
$1,488,000
50% of Average
sqft:
2,370
low | high
Med:
2,370
50% of Average
$ / sqft:
$628
low | high
Med:
$628
50% of Average
On site:
3
low | high
Med:
3
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.116M - $1.86M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
134 Clarence St Property Photo 1
$1,349,000
134 Clarence St
Victoria, BC V8V2J2
590 Simcoe St Property Photo 1
$1,550,000
590 Simcoe St
Victoria, BC V8V1L8
Listing Updated: October 26, 2026 at 7:20:13 PM PDT