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50 King George Terr

$2,799,800

Gonzales

Detached4 bd · 3 ba · 3,736 sqftBuilt 1911$749/sqft13 days on market

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About this home

Experience timeless Oak Bay elegance with spectacular views and picturesque coastline across Gonzales Beach, Harling Point, Clover Point and the Olympic Mountains. This beautifully updated Arts & Crafts home blends exceptional character with modern comfort. Sun-filled south/west-facing living spaces showcase oak and fir floors with mahogany inlays, detailed millwork and wainscotting and cozy ornate fireplaces. A striking family room features an 11’ barrel ceiling, original pendant lighting, gas fireplace and unique steel vault. Upstairs offers four bedrooms, laundry and two updated baths, with two possible primary suites, dual walk-in closets and a view-filled sunroom-studio space, all with breathtaking ocean views. Outside, the extensive stonework, glass railings and hardscaping create inviting entertaining spaces complemented by an outdoor fireplace, sauna, built-in sound system, gated entry and detached garage. A rare character home in an extraordinary coastal setting. (id:65179)

Property details

From the listing's public record.

Lot size

16,953 square feet

Year built

1911

Taxes

$13,514/yr

Zoning

Residential

View

City viewMountain viewOcean view

Appliances

WasherRefrigeratorDishwasherDryer

Heating

ElectricNatural gasWoodHot Water

Parking

Garage

Lot

Central locationHillsideRockySloping

Style

Character

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

Oct 16, 2026
Listed $2,799,800
Active13 days on marketMLS 1051684
Mar 5, 2026
Listed $2,885,000
Expired179 days on marketMLS 1026993
Sep 4, 2025
Listed $2,995,000
Expired72 days on marketMLS 1012566
Apr 16, 2025
Listed $2,995,000
Expired91 days on marketMLS 995273
May 21, 2024
Listed $3,150,000
Expired61 days on marketMLS 964276
Apr 28, 2022
$2,950,000
Sold3 days on marketMLS 893415
Sep 17, 2021
Listed $2,850,000
Expired105 days on marketMLS 886619
Dec 11, 2015
$1,137,500
Sold45 days on marketMLS 714012

How this listing compares

Based on 222 sales in Oak Bay

Median sold

$1,722,500

Avg days on market

41 days

Avg sale-to-list

97.3%

Avg $/sqft

$651

Price per square foot

This home: $749/sqft·Area average: $651/sqft

Above area average

Current market in Oak Bay

Active (same type)

Pending

All active listings

118

Months of supply

3.6

Seller's market — 3.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,467,000

Homes in Oak Bay sell at 157.1% of assessed value on average.

Based on 218 recent sales.

Local price trend

How Gonzales has moved over the last decade.

Local price index (normalized) · 116 months

Recent nearby sales

12 sales

578 Island Rd
$2,075,000
4 bd · 4 ba · 5,706 sqft · $364/sqft · 92 days on market
Sold Oct 26, 2026 · 90.2% of list
1391 Victoria Ave
$2,080,000
4 bd · 3 ba · 3,064 sqft · $679/sqft · 22 days on market
Sold Oct 22, 2026 · 99% of list
3400 Upper Terrace Rd
$2,360,000
4 bd · 4 ba · 3,854 sqft · $612/sqft · 57 days on market
Sold Oct 22, 2026 · 94.8% of list
3512 Henderson Rd
$1,250,000
3 bd · 1 ba · 2,611 sqft · $479/sqft · 45 days on market
Sold Oct 21, 2026 · 96.2% of list
535 Island Rd
$2,480,000
4 bd · 3 ba · 3,239 sqft · $766/sqft · 30 days on market
Sold Oct 16, 2026 · 95.4% of list
2353 Windsor Rd
$1,750,000
4 bd · 3 ba · 3,454 sqft · $507/sqft · 14 days on market
Sold Oct 15, 2026 · 100% of list
2409 Currie Rd
$1,275,000
2 bd · 1 ba · 1,363 sqft · $935/sqft · 187 days on market
Sold Oct 15, 2026 · 87.9% of list
1566 Hampshire Rd
$3,175,000
5 bd · 4 ba · 6,568 sqft · $483/sqft · 12 days on market
Sold Oct 15, 2026 · 99.2% of list
2090 Mcneill Ave
$1,775,000
5 bd · 3 ba · 2,920 sqft · $608/sqft · 126 days on market
Sold Oct 15, 2026 · 98.6% of list
2399 Dalhousie St
$1,712,500
4 bd · 3 ba · 3,297 sqft · $519/sqft · 9 days on market
Sold Oct 5, 2026 · 95.7% of list
3558 Redwood Ave
$1,400,888
4 bd · 3 ba · 3,391 sqft · $413/sqft · 8 days on market
Sold Oct 1, 2026 · 107.9% of list
2471 Dryfe St
$1,270,000
2 bd · 1 ba · 2,356 sqft · $539/sqft · 25 days on market
Sold Oct 1, 2026 · 94.1% of list

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Purchase price

Down payment

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Amortization (years)

Newly built / new constructionAdds 5% GST. Eligible for the Newly Built PTT exemption (≤ $1.1M full, partial to $1.15M).First-time home buyerEligible for the First-Time PTT exemption (≤ $835K full, partial to $860K). Only one exemption can apply per purchase.

Estimate

Monthly mortgage

—

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Loan amount

$2,799,800 − $559,960

$2,239,840

Down payment

20.0%

$559,960

Property Transfer Tax

$61,994

Legal / closing (est.)

$1,500

Cash to close

$623,454

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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50 King George Terr

Interested in this home?

About this home

Property details

Price history

How this listing compares

Current market in Oak Bay

Assessment

Local price trend

Recent nearby sales

What would this home cost?

Want a real rate?

More on this listing

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