For Sale: 40 Government Street, Victoria, BC - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$1,488,000
3 bd • 3 ba • 2370 sf • House
40 Government Street
40 Government Street - 2
40 Government Street - 3
40 Government Street - 4
40 Government Street - 5
Street ViewDirections
$1,488,000
Get pre-approved

40 Government StreetVictoria, BC, V8V 2K3

James Bay
  • 3 Bed
  • 3 Bath
  • 2370 Sqft
  • House

About this home

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!
Listed by
Cheryl Nelson
Cheryl Nelson
Pemberton Holmes Ltd. - Oak Bay
English
2 Recommendations
Recent transactions
View past sales
Sold
Listing agent
206 1155 Yates Street
View past sales
Sold
Listing agent
15 3449 Hallberg Road
View past sales
Sold
Buyer agent
62 300 Grosskleg Way
View past sales
Sold
Buyer agent
104 1196 Clovelly Terrace
View past sales
Sold
Buyer agent
108 797 Tyee Road
View Full Profile

Home facts and features

Price details
List Price
$1,488,000
Get Pre-Approved
Gross Taxes for 2026
$8,117
Home facts
Bedrooms
3
Full Bathrooms
3
Parking Spaces
1
Parking Details
Driveway, Ev Charger: Dedicated - Installed, On Street
Property Type
House
Lot Size
5600 ft²
Frontage
50 feet
Year Built
Built in 1906 (120 yrs old)
Title
Freehold
Style
Main Level Entry with Lower/Upper Lvl(s)
Exterior Finish
Frame Wood,Wood
Heating Type
Electric, Forced Air, Heat Pump
Cooling
HVAC
Basement Details
Full,Unfinished
Features
Fireplace: Living Room, Level, Private, Rectangular Lot
Amenities
Dining Room, Eating Area
Community
Agent details
Primary Agent
Primary Broker
Pemberton Holmes Ltd. - Oak Bay
Listing details
Days on REW
1 Day
MLS® Number
1052892
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
Is this your listing? Help it to stand out.

Mortgage Calculator

provided by REW Digital Ltd
Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

Glenn Jorgensen

Glenn Jorgensen

EBS Modern Mortgage Group

No Fees, Great Rates - 15 minutes with us, could save you thousands.

Connect with a mortgage expert

Connect to a mortgage specialist

Glenn Jorgensen
EBS Modern Mortgage Group

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

James Bay School
  • Public
  • Pre-K - 5
  • In Catchment
Victoria High School
  • Public
  • 9 - 12
  • In Catchment
South Park Family School
  • Public
  • K - 5
Pacific School of Innovation and Inquiry
  • Independent
  • 9 - 12
Christ Church Cathedral School
  • Independent
  • K - 8
Central Middle School
  • Public
  • 6 - 8
Selkirk Montessori School
  • Independent
  • K - 8
Glenlyon Norfolk School
  • Independent
  • K - 12
Elizabeth Buckley School
  • Independent
  • K - 8
Oak and Orca Bioregional School
  • Independent
  • K
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close
Sales History data is from public records.

Cities near James Bay

Neighborhoods near James Bay

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-10-24.
Call Agent
Cheryl Nelson
2 Recommendations
Phone:
250-885-6170
Cell:
250-885-6170
Office:
250-590-8124
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss