Open House Oct 25th, 11AM-1PM

40 Government Street

$1,488,000 | James Bay, Victoria

40 Government Street, James Bay, Victoria

About this House

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!

Interior Features Of 40 Government, James Bay, Victoria

Dining Room, Eating Area

Exterior Features Of 40 Government, James Bay, Victoria

Balcony/Deck, Fencing: Partial, Low Maintenance Yard

Lot Features Of 40 Government, James Bay, Victoria

Level, Private, Rectangular Lot

Listed by Pemberton Holmes Ltd. - Oak Bay.

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Features

  • MLS®: 1052892
  • Type: House
  • Bedrooms: 3
  • Bathrooms: 3
  • Square Feet: 2,370 sqft
  • Lot Size: 5,600 sqft
  • Frontage: 50.00 ft
  • Depth: 112.00 ft
  • Taxes: $8,117.01 (2026)
  • Parking: 1 Driveway, On Street
  • Fireplaces: 1
  • Year Built: 1906
  • Style: Character, Heritage