40 Government St, Victoria, BC V8V 2K3
40 Government St, Victoria, BC V8V 2K3
40 Government St, Victoria, BC V8V 2K3
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Listing by Cheryl Nelson Pemberton Holmes Ltd. - Oak Bay
$1,488,000
Est. payment /mo
3 Beds
3 Baths
2,370 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $627

MLS Listing ID 1052892

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 3

HOA Y/N No

Year Built 1906

Annual Tax Amount $8,117

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

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!

Location

Province BC

County Capital Regional District

Community Vi James Bay

Area Victoria

Zoning GRD-1 (PGA)

Direction One half block from Dallas Rd.

Rooms

Kitchen 2

Interior

Interior Features Dining Room, Eating Area

Heating Electric, Forced Air, Heat Pump

Cooling HVAC

Flooring Softwood, Vinyl

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Yes

Window Features Wood Frames

Laundry In House

Exterior

Exterior Feature Balcony/Deck, Fencing: Partial, Low Maintenance Yard

Parking Features Driveway, On Street

Garage Spaces 1.0

View Y/N false

Roof Type Fibreglass Shingle

Total Parking Spaces 1

Garage No

Building

Lot Description Level, Private, Rectangular Lot

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Architectural Style Character, Heritage

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Restrictions ALR: No

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Special Listing Condition Resale


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Jason Anson
Jason Anson

Agent License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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40 Government St

This page highlights a For Sale Listing, giving you a closer look at property details while also connecting you to the broader real estate market on Vancouver Island. Every listing is part of a larger story shaped by neighbourhood activity and regional demand. I have lived on Vancouver Island for more than 30 years and know how communities change over time. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers see where a property fits in today’s market. Use these guides to explore regional areas and compare this listing with the wider housing story of the island at Living on Vancouver Island.