For Sale · Oak Bay · Single Family

$2,490,000

250 King George Terr, Oak Bay

Beds

Baths

3,869

Sq Ft

1936

Built

About This Home

The details.

For those who seek the grace and charm of a time forgotten, 250 King George Terr is a breath of fresh air. Overlooking Gonzales Bay, this timeless beauty offers a glimpse of architecture not seen for many years. Conceived from a European theme, this 3900 sq. ft. residence is designed and built around a central hall with gorgeous chandelier, an expansive ceiling, and fireplace. Large rooms and preserved wood give the main level a feeling of charm and coziness. From the central hall the grand winding staircase takes you to the second level, where 3 more bedrooms await, primary with a balcony with views to the south. All this on a beautifully appointed sundrenched lot of almost a half-acre, gently sloping above King George Terr. This property is zoned R4 and easily fits Oak Bay’s recommended changes for infill housing within Bill 44 requirements, which would allow 4 magnificent ocean view homes in one of the city’s finest locations. Call for more details or an appointment to view. (id:66635)

Summarizing the highlights...

MLS® 1040312Listing courtesy of RE/MAX CamosunView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1936
Size: 3,869 sqft
Lot size: 20,553 square feet
Parking: 4 spaces
Listed on: 2026-06-15
Days on market: 30
MLS number: 1040312
Data source: Victoria Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$11,645

$1,992,000 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)

$11,645

Cash flow

-$11,645

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

Oak Bay right now

Active listings

New this week

$1,550,000

Median asking price

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

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 market trends

Source: Statistics Canada 2021 Census, Oak Bay, District municipality, British Columbia.

Schools

Nearby schools.

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

St Michaels University School - Junior
independent · elementary
960 m
Margaret Jenkins Elementary
public · elementary
1.1 km
Monterey Middle School
public · k12
1.1 km
Glenlyon Norfolk School
independent · k12
1.5 km
Beausoleil
public · elementary
2.2 km
Sir James Douglas Elementary
public · elementary
2.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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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.