302 1407 Government St
$975,000
Downtown
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About this home
A truly unique offering. New York loft style 2 level heritage penthouse tucked away in the heart of Victoria's downtown core. Original heritage details blend seamlessly with modern finishes. Dramatic 16-foot ceilings, exposed brick walls, oversized cathedral windows, rooftop access, and a private deck offering a quiet retreat. Natural light pours in throughout. With nearly 1600 square feet of living space, this 3 bedroom loft spans the top two floors of this chic urban oasis. Beautifully presented with a modernized kitchen, ductless heat pumps, plenty of storage, and a striking ensuite bath. Fully updated and move-in ready. Step outside to shopping, cafes, entertainment, theatres, Chinatown and Market Square, with Victoria's scenic Inner Harbour just down the street. A rare find in an understated, iconic downtown building, in a location that can't be beat for those seeking spacious, stylish living straight out of the pages of a lifestyle magazine. (id:65179)
Property details
From the listing's public record.
Lot size
1,773 square feet
Year built
1901
Taxes
$5,134/yr
Strata / HOA
$892/month
Zoning
Multi-Family
View
Appliances
Heating
Cooling
Lot
Community
Price history
7 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 7, 2026
Listed $975,000
Active2 days on marketMLS 1051380Oct 31, 2025
Listed $979,000
Expired92 days on marketMLS 1018617Mar 15, 2024
$890,000
Sold70 days on marketMLS 950020Apr 7, 2020
$820,000
Sold14 days on marketMLS 836310Mar 14, 2013
$387,000
Sold37 days on marketMLS 625424Sep 17, 2012
Listed $424,000
Expired66 days on marketMLS 619527Oct 30, 2006
$410,000
Sold78 days on marketMLS 405980
How this listing compares
Based on 270 sales in DowntownMedian sold
$499,500
Avg days on market
52 days
Avg sale-to-list
96.6%
Avg $/sqft
$654
Price per square foot
Below area average
Current market in Downtown
Active (same type)
172
Pending
31
All active listings
251
Months of supply
7.6
Buyer's market — 7.6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$907,000
Homes in Victoria sell at 61127% of assessed value on average.
Based on 553 recent sales.
Local price trend
How Downtown has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales809-845 Johnson St
$330,000
1 bd · 1 ba · 541 sqft · $610/sqft · 37 days on market
Sold Aug 24, 2026 · 94.3% of list
1202-777 Belleville St
$950,000
2 bd · 2 ba · 1,058 sqft · $898/sqft · 12 days on market
Sold Aug 21, 2026 · 99.1% of list
402-930 Yates St
$430,000
2 bd · 2 ba · 771 sqft · $558/sqft · 24 days on market
Sold Aug 21, 2026 · 93.7% of list
434-1029 View St
$310,000
1 bd · 1 ba · 420 sqft · $738/sqft · 241 days on market
Sold Aug 21, 2026 · 92.8% of list
N106-737 Humboldt St
$1,039,000
2 bd · 2 ba · 1,369 sqft · $759/sqft · 15 days on market
Sold Aug 20, 2026 · 100% of list
201-1270 Johnson St
$490,000
2 bd · 2 ba · 1,300 sqft · $377/sqft · 17 days on market
Sold Aug 20, 2026 · 98% of list
N708-737 Humboldt St
$1,145,000
2 bd · 2 ba · 1,535 sqft · $746/sqft · 14 days on market
Sold Aug 19, 2026 · 98.8% of list
102-456 Pandora Ave
$305,000
— · 1 ba · 296 sqft · $1,030/sqft · 24 days on market
Sold Aug 19, 2026 · 95.3% of list
109-1155 Yates St
$580,000
1 bd · 2 ba · 1,213 sqft · $478/sqft · 25 days on market
Sold Aug 18, 2026 · 100% of list
805-819 Burdett Ave
$600,000
2 bd · 2 ba · 1,166 sqft · $515/sqft · 17 days on market
Sold Aug 17, 2026 · 98.4% of list
401-689 Bay St
$555,000
2 bd · 2 ba · 1,004 sqft · $553/sqft · 7 days on market
Sold Aug 14, 2026 · 100.9% of list
S204-737 Humboldt St
$609,500
2 bd · 2 ba · 1,012 sqft · $602/sqft · 39 days on market
Sold Aug 14, 2026 · 95.4% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$975,000 − $195,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$214,000
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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Listed by RE/MAX Camosun