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 throughout, including the new kitchen & main-floor bathroom, 2018 roof, heat pump, on-demand hot water & documented attic vermiculite removal, & 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.
Address
40 Government St
List Price
$1,488,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi James Bay
Bedrooms
3
Bathrooms
3
Floor Area
2,370 Sq. Ft.
Lot Size
5600 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1906
MLS® Number
1052892
Listing Brokerage
Pemberton Holmes Ltd. - Oak Bay
Basement Area
Full, Unfinished
Postal Code
V8V 2K3
Tax Amount
$8,117.01
Tax Year
2026
Features
Dining Room, Eating Area, Electric, Forced Air, Heat Pump, Softwood, Vinyl, Wood Frames
Amenities
Balcony/Deck, Fencing: Partial, Level, Low Maintenance Yard, Private, Rectangular Lot
Open Houses
- October 25, 11:00 AM - 1:00 PM
- Steps from the Dallas Road waterfront! Heritage-designated home with soaring ceilings, fir floors, French doors, majestic pocket doors, gorgeous new kitchen. Upper private deck invites sunset dinners. Set on a generous 5,600 sq. ft. lot , the property off
