40 Government St, Victoria

2026-10-24

40 Government St, Victoria, British Columbia

3 Bed 3 Bath 2370 ft² 1 Garage
For Sale Single Family
$1,488,000

MLS®#1052892

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, among many other improvements. 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 approx. 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. (id:32467)

Building Single Family
Rooms
Bedrooms 3
Bathrooms 3
Square Footage 2370 ft²
Built in 1906
Parking Type 1
Neighbourhood Victoria

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

Slide to select your home's price

$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

Send a Message

One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q.
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Valentino
Valentino ‎ Prundaru

REALTOR®, Licensed Real Estate Agent

prundaru@gmail.com

(250) 686-2242

Support Area:
Victoria,Saanich,Oak Bay,Esquimalt,Langford,Colwood,Central Saanich,North Saanich,Sidney,View Royal,Metchosin,Highlands,Sooke,Saanich East,Saanich West,James Bay,Fairfield,Shawnigan Lake,Mill Bay,Cobble Hill,Cowichan Bay,Duncan

Full MLS Real Estate Services at Low Commission for Sellers! Cash Back for Buyers! Meet Valentino: Integrity, Professionalism, Honesty "My Commitment to You: Outstanding Service, Unbeatable Savings!"With a career spanning nearly two decades in the Greater Victoria real estate market, Valentino Prundaru has been a trusted name since 2005. Renowned for his integrity, honesty, and...