Ready to get started?
Call 250-818-1671 or Email me today and let's discuss your Real Estate goals.
40 Government St
Victoria
V8V 2K3
$1,488,000
Residential
beds: 3
baths: 3.0
2,370 sq. ft.
built: 1906
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1052892
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1906
- Photos (70)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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!
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1906 (Age: 120)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,370 sq. ft.
- Listing General Location:
- Vi James Bay, Victoria
- Bedrooms:
- 3
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 5,600 sq. ft.
- Lot Details:
- 50 ft wide x 112 ft deep
- Kitchens:
- 2
- Home Style:
- Character, Heritage
- Taxes:
- Signup
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- Full, Unfinished
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Levels:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Softwood, Vinyl
- Total Building Area:
- 3,830 sq. ft.
- Total Unfinished Area:
- 1,460 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,368 sq. ft.
- Living Area Main Floor:
- 1,403 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 967 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Living Room
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- HVAC
- Heating:
- Electric, Forced Air, Heat Pump
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dining Room, Eating Area
- Wood Frames
- Balcony/Deck, Fencing: Partial, Low Maintenance Yard
- One half block from Dallas Rd.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Owner
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Level, Private, Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street
- Total Parking Spaces:
- 1
- Common Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Oct 23, 2026
- Original Price:
- 1488000.0
-
A beautiful James Bay original, rich in heritage character and just moments from the Dallas Road waterfront. -
Photo 2 of 70
-
Photo 3 of 70
-
Photo 4 of 70
-
Photo 5 of 70
-
Photo 6 of 70
-
Photo 7 of 70
-
Photo 8 of 70
-
Photo 9 of 70
-
Photo 10 of 70
-
Photo 11 of 70
-
Photo 12 of 70
-
Photo 13 of 70
-
Photo 14 of 70
-
Photo 15 of 70
-
Photo 16 of 70
-
Photo 17 of 70
-
Photo 18 of 70
-
Photo 19 of 70
-
Photo 20 of 70
-
Photo 21 of 70
-
Photo 22 of 70
-
Photo 23 of 70
-
Photo 24 of 70
-
Photo 25 of 70
-
Photo 26 of 70
-
Photo 27 of 70
-
Photo 28 of 70
-
Photo 29 of 70
-
Photo 30 of 70
-
Photo 31 of 70
-
Photo 32 of 70
-
Photo 33 of 70
-
Photo 34 of 70
-
Photo 35 of 70
-
Photo 36 of 70
-
Photo 37 of 70
-
Photo 38 of 70
-
Photo 39 of 70
-
Photo 40 of 70
-
Photo 41 of 70
-
Photo 42 of 70
-
Photo 43 of 70
-
Photo 44 of 70
-
Photo 45 of 70
-
Photo 46 of 70
-
Photo 47 of 70
-
Photo 48 of 70
-
Photo 49 of 70
-
Photo 50 of 70
-
Photo 51 of 70
-
Photo 52 of 70
-
Photo 53 of 70
-
Photo 54 of 70
-
Photo 55 of 70
-
Photo 56 of 70
-
Photo 57 of 70
-
Photo 58 of 70
-
Photo 59 of 70
-
Photo 60 of 70
-
Photo 61 of 70
-
Photo 62 of 70
-
Photo 63 of 70
-
Photo 64 of 70
-
Photo 65 of 70
-
Photo 66 of 70
-
Photo 67 of 70
-
Photo 68 of 70
-
Photo 69 of 70
-
Photo 70 of 70
Listed by Pemberton Holmes Ltd. - Oak Bay
Data was last updated October 24, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 87
- Avg list price:
- $829,000
- Min list price:
- $145,000
- Max list price:
- $3,200,000
- Avg days on market:
- 59
- Min days on market:
- 2
- Max days on market:
- 731
- Avg price per sq.ft.:
- $670.64
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JENELLE YILLA
- 612 YATES STREET
- 1 (250) 8181671
- Contact by Email
Jenelle Yilla | REALTOR®
Your Local Real Estate Expert
Office Address:
612 Yates Street
Victoria, BC, V8W 1K9