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For Sale · Oak Bay · Gonzales

$6,500,000

295 King George Terr, Oak Bay

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Bedrooms

Bathrooms

3,694

Size

2011

Year built

About This Home

The details.

A striking example of modern minimalism perched on the southern edge of Oak Bay, this custom-built oceanfront residence offers panoramic views from nearly every room. Designed for seamless indoor-outdoor living, the main floor boasts 11’ ceilings and expansive glass walls that open onto multiple patios, a sleek swimming pool, and a dedicated gym/studio. The chef’s kitchen features integrated appliances and a massive...

Summarizing the highlights...

MLS® 1030573Listing courtesy of The AgencyView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 2011
Size: 3,694 sqft
Lot size: 18,120 sqft
Parking: 3 spaces
Listed on: 2026-04-09
Days on market: 112
MLS number: 1030573
Data source: Victoria Real Estate Board

Market intelligence

Statistics and history.

Days on market

112

Typical in Oak Bay: 15 days

Oak Bay median asking

$1.6M

103 active listings

School score

9.5/10

Nearest schools, BC ranking 0-10

Price per sqft

$1,760

Based on 3,694 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

13 new this week of 103 active listings in Oak Bay, blended with typical days on market.

Where this price sits in Oak Bay

$149KThis listing$4.9M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$30,399

$5,200,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$30,399

Cash flow

-$30,399

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Oak Bay right now

103

Active listings

New this week

$1,580,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

People in the immediate area: 579
Density per square km: 1,429
City population: 17,990
Median household income: $107,000

The neighbourhood

Gonzales.

A detached home neighbourhood in Oak Bay

Most of what sells in Gonzales, Oak Bay is detached homes, and JULY currently has 6 active listings across the area. Asking prices centre on $3,303,950. That runs about 84% above the Oak Bay median, which is usually the price of location rather than size. This is an established area, with the typical home built around 1952.

Space costs about $969 per square foot.

The closest bus stop is about 5 minutes away on foot, with the nearest park about 2 minutes, a school about 14 minutes.

Median asking price: $3,303,950
Median price: $969/sqft
Active listings: 6

37Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Park 4 min walk
Bus stop 8 min walk
School 16 min walk
Pharmacy 18 min walk
Groceries 31 min walk
Gym 32 min walk
Community centre 39 min walk

The Neighbourhood

Living in Oak Bay.

Household and demographic stats for Oak Bay, from the Statistics Canada 2021 Census.

17,990
Population (2021): 54.4
Median age: 7,805
Households: 2.3
Avg household size: 74.5%
Home ownership: $107,000
Median household income

Oak Bay neighbourhood guide Full census profile Oak Bay market trends

The immediate block around this home (right here): about 579 residents in 257 homes, 1,429 people/km² (suburban).

Source: Statistics Canada 2021 Census, Oak Bay, District municipality, British Columbia; block-level figures from dissemination area 59170270.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

no score data
St Michaels University School - Junior
920 m
independent · elementary
5.1of 10
Monterey Middle School
1.1 km
public · k12
Rank 626 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 5.1 · Rank 626/1,272
- 2024/2025 · elementary · Score 4.9 · Rank 649/1,269
- 2023/2024 · elementary · Score 7.4 · Rank 327/1,267
8.3of 10
Margaret Jenkins Elementary
1.1 km
public · elementary

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.