Description
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 & 240V outlet for EV in driveway! Peaceful back garden enhances a 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 Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1052892 |
| Status | Active |
| City | Victoria |
| Area | Victoria |
| Sub-Area | Vi James Bay |
| Postal Code | V8V 2K3 |
| Property Taxes | $8,117.01 (2026) |
| Parking Total | 1 |
| Zoning | GRD-1 (PGA) |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Electric,Forced Air,Heat Pump |
| Cooling | HVAC |
| Fireplaces | 1 |
| Fireplace Type | Living Room |
| Interior Features | Dining Room,Eating Area |
| Exterior Features | Balcony/Deck,Fencing: Partial,Low Maintenance Yard |
| Construction | Frame Wood,Wood |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Full,Unfinished |
| Laundry | In House |
| Listed Date | Oct 24, 2026 |
| Lot Size | 0.13 acres |