40 Government St | $1,488,000 | MLS® 1052892
Bruce Gibson Agent Photo
Bruce
Gibson
P. (250) 385-2033
Phone Bruce
Newport Realty Ltd.
1144 Fort St
Victoria, BC
Canada V8V 3K8
MLS® 1052892

Details

%
Years (35 year max)
Years



Address 40 Government St
AreaVictoria
Sub AreaJames Bay
Postal CodeV8V 2K3
State/ProvinceBritish Columbia
CountryCanada
Price$1,488,000
Property TypeSingle Family
Bedrooms3
Bathrooms3
Floor Space2370 Square Feet
Lot Size5600.00 Square Feet
WaterfrontNo
Year Built1906
ParkingDriveway, On Street
Parking Spaces1
Taxes $8,117
Tax Year2026
MLS® #1052892

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!


Listed by Pemberton Holmes - Oak Bay


NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

About

Bruce Gibson is a longstanding resident of Victoria, BC, having called the island his home since 1951. He spent his university years at the University of British Columbia, studying for a Bachelor of Commerce in Urban Land Economics and completing an in-residence real estate brokerage course. After graduating, he went on to work as a contract property negotiator for Shell Canada Ltd. He joined the Victoria Real Estate Board's Industrial, Commercial, & Investment Division, and has served on the Victoria Board of Governance for Private Industry & Public Service. Always busy, Bruce has also held the position of the Provincial Appointee to the Victoria Police Board, and he and his wife Kristine have enjoyed trips to South Africa, southern Russia, and the Arctic.

Bruce has been a licensed REALTOR® in Victoria for over 30 years, and was the managing broker of Boorman Investments, one of the city's oldest real estate firms, from 1995 to 2002. He possesses extensive experience in all areas of real estate.  He has successfully managed both commercial and residential properties, and works as an agent for both buyers and sellers. He's consistently placed in the top 10% of producers in Victoria for the past 10 years, and has been the recipient of virtually every sales award offered by the Victoria Real Estate Board.

When you work with Bruce, you work directly with him — not with assistants. All clients receive his personal contact numbers so that he can be reached at any time of day. Feel free to contact him for a reference list.