Victoria Canada Houses
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 (61)
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Steps from 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 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 & EV charger in driveway! A peaceful back garden enhances the 5,600 sqft lot, while 1,368 sqft of unfinished basement provides storage & utility space. Beacon Hill Park, Ogden Point & the Inner Harbour are 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:
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- Existing Lease Expiry:
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- 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:
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- Floor finish:
- Softwood, Vinyl
- Total Building Area:
- 3,830 sq. ft.
- Total Unfinished Area:
- 1,460 sq. ft.
- Commercial Area:
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- # 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:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
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- Units in Community:
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- 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
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A beautiful James Bay original, rich in heritage character and just moments from the Dallas Road waterfront. -
An extraordinary James Bay location, with the stunning Dallas Road waterfront just a short stroll away.
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Soaring ceilings, generous proportions and beautiful original fir floors give this room its timeless appeal.
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A spectacular brand-new kitchen with timeless white cabinetry, beautiful wood accents and elegant brass-toned fixtures.
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The magnificent dark-wood staircase is one of the home's many striking heritage features.
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Distinctive gabled architecture, mature landscaping and the timeless charm of a James Bay original.
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Classic columns and welcoming front steps introduce the home's beautiful heritage character.
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A peaceful, light-filled corner of the enclosed sunroom, perfect for a favourite book or morning coffee.
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This wonderful sunroom stretches across the front of the home, with windows overlooking the neighbourhood.
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A delightful sitting area surrounded by windows, bringing the beauty of the outdoors into everyday life.
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Beautiful French doors connect the living room and sunroom, creating one expansive space for summer entertaining.
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Gracious proportions, original fir floors and beautiful French doors opening to the enclosed sunroom.
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Majestic pocket doors connect the gracious dining and living rooms, preserving a wonderful sense of heritage elegance.
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An elegant dining room with generous proportions, perfect for leisurely meals and memorable gatherings.
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A lovely glimpse of the decorative stained glass, one of the home's many distinctive architectural touches.
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Beautiful stained glass and timeless detailing bring warmth and character to this inviting dining room.
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A wonderfully spacious dining room, with high ceilings, natural light and convenient access to the kitchen.
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Beautiful white cabinetry, illuminated wood shelving and warm brass-toned accents elevate this thoughtful renovation.
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Contemporary appliances complement the kitchen's classic cabinetry and beautifully considered finishes.
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A rich wood island anchors this spectacular new kitchen, offering generous preparation space and a welcoming place to gather.
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A practical adjoining porch with built-in shelving and space for a freezer.
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A peaceful, inviting bedroom with lovely natural light and leafy outlooks.
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Windows on two sides bring sunshine and garden views into this comfortable bedroom.
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Beautifully renovated with a generous vanity, contemporary finishes and natural light.
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Warm wood cabinetry, elegant fixtures and thoughtful finishes complement this lovely renovation.
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A charming sitting area with decorative leaded-glass windows and distinctive heritage details.
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Upper Sitting Room:A generous, light-filled sitting room offering wonderful flexibility for relaxing, gathering or working from home.
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Upper Sitting Room:Beautiful windows, treetop outlooks and a spacious alcove add to the appeal of this versatile room.
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Upper Kitchen:The second kitchen offers flexibility for extended family, independent living or creative pursuits.
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Private Upper Deck:Imagine leisurely summer suppers on this lovely private deck, watching the evening sky turn to sunset.
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Upper Dining Area:A bright dining area with lovely natural light and direct access to the private deck.
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Upper Dining Area:A charming, flexible space for casual meals, conversation or a quiet morning coffee.
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Upper Bedroom:A comfortable upper-level bedroom featuring beautiful heritage wood doors and natural light.
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Upper Bathroom:A classic clawfoot bathtub lends period charm to the upper-level bathroom.
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Upper BathroomA practical water closet serving the upper level of the home.
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A bird's-eye perspective of this distinctive heritage home and its established James Bay surroundings.
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An overhead perspective of the home's characterful roofline and surrounding property.
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Nestled among the beautiful residential streets of James Bay, one of Victoria's most cherished neighbourhoods.
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Back Garden:A peaceful, natural garden with mature greenery and room to enjoy a leisurely afternoon outdoors.
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Another perspective of the home's distinctive architecture, surrounded by established gardens and mature trees.
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Dallas Road Waterfront:Spectacular coastal scenery and expansive ocean views are just a short stroll from your front door.
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Imagine beginning your morning with a refreshing walk beside the ocean along Victoria's beautiful waterfront.
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Enjoy the pleasures of waterfront living, with scenic walking paths and fresh ocean air close to home.
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Find a favourite place to sit, take in the sea air and enjoy the ever-changing coastal scenery.
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A wonderful place to pause and watch the light dance across the Strait of Juan de Fuca.
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The iconic Ogden Point Breakwater offers one of Victoria's most memorable waterfront walks.
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Sweeping views across the water are among the extraordinary pleasures of living in James Bay.
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Endless ocean horizons and spectacular coastal scenery are part of everyday life in James Bay.
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Photo 49 of 61
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Victoria's magnificent Inner Harbour, with its historic architecture, waterfront promenades and vibrant atmosphere.
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The magnificent BC Parliament Buildings are among the many historic landmarks within walking distance.
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Enjoy waterfront restaurants, scenic harbour walks and the unmistakable charm of downtown Victoria.
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The iconic Fairmont Empress Hotel and Victoria's beautiful Inner Harbour are just a leisurely stroll away.
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Boats, bustling marinas and beautiful waterfront promenades bring Victoria's Inner Harbour to life.
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A captivating blend of historic architecture, sparkling water and the natural beauty of Victoria's harbour.
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The magnificent Beacon Hill Park offers beautiful gardens, winding pathways and peaceful places to explore.
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Even the resident peacocks add a little magic to a leisurely afternoon in nearby Beacon Hill Park.
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Tranquil ponds, mature trees and beautiful gardens make Beacon Hill Park a neighbourhood treasure.
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Picturesque stone bridges, flowering gardens and peaceful pathways invite you to linger a little longer.
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A beautiful natural retreat just moments from home, where every season brings something new to discover.
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Photo 61 of 61
Listed by Pemberton Holmes Ltd. - Oak Bay
Data was last updated October 26, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 88
- Avg list price:
- $851,500
- 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:
- 732
- Avg price per sq.ft.:
- $664.73
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.
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