376 King George Terr
Oak Bay, BC V8S2K3
$2,958,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,360 square feet
- Zoning
- Residential
RS5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $13,727
Interior
- Heating
- Natural gas, Other
- Cooling / A/C
- None
- Fireplace
- Yes (4)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 5
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Balcony | Second level | 8'4 x 15'0 |
| Ensuite | Second level | 5-Piece |
| Primary Bedroom | Second level | 15'1 x 18'3 |
| Balcony | Main level | 8'7 x 9'2 |
| Bathroom | Main level | 3-Piece |
| Laundry room | Main level | 5'6 x 10'0 |
| Bedroom | Main level | 10'0 x 12'5 |
| Living room | Main level | 15'0 x 24'5 |
| Eating area | Main level | 9'4 x 13'5 |
| Kitchen | Main level | 9'1 x 13'5 |
| Ensuite | Lower level | 3-Piece |
| Bathroom | Additional Accommodation | X |
| Utility room | Lower level | 6'7 x 9'6 |
| Bedroom | Additional Accommodation | 9'6 x 14'4 |
| Bedroom | Additional Accommodation | 12'8 x 12'10 |
| Living room | Additional Accommodation | 13'4 x 15'0 |
| Dining room | Additional Accommodation | 5'0 x 15'0 |
| Kitchen | Additional Accommodation | 7'0 x 15'0 |
| Entrance | Lower level | 8'4 x 11'10 |
Listing Information
- MLS®
- 1036618
- Listed
- May 21, 2026
- Time on market
- On the market for 102 days
- Data last synced
- August 28, 2026
Listing provided by: The Agency · Data source: CREA DDF.
Description
Perfectly positioned on prestigious King George Terrace, this exceptional residence captures stunning southeast views across McNeill Bay to the Olympic Mountains while offering the very best of refined Oak Bay living. Fully transformed in 2012 from top to bottom, this modern executive home blends timeless elegance with contemporary luxury, showcasing 4 gas fireplaces, a gated entry, front fountain, and double detached garage. A standout feature of the home is its incredibly versatile executive layout, thoughtfully designed to accommodate multi-generational living with ease. The main level offers private rear entry access to a beautifully appointed 2-bedroom, 2-bath in-law or nanny suite, complete with its own gourmet kitchen, living space, and exceptional flexibility for extended family, guests, or live-in support. Upstairs, expansive open-concept living and dining areas flow seamlessly into a sunken chef’s kitchen featuring high-end cabinetry, granite countertops, and stainless steel appliances. A secondary bedroom with adjacent 3-piece bath completes the level. The entire top floor is dedicated to a luxurious primary retreat, offering exceptional privacy with a gas fireplace, office nook, spa-inspired ensuite, walk-in closet with custom organizers, and a private ocean view deck. Thoughtful features such as in-floor heating, powered gates, and refined finishings throughout elevate the home even further. Just steps to oceanfront pathways and minutes from top public and private schools, parks, and Oak Bay Village, this is a rare opportunity to enjoy an unparalleled lifestyle in one of Victoria’s most coveted seaside neighbourhoods. (id:63159)
Values & Trends
This listing
$863/sqft
Building average
—
No other active listings in this building
Gonzales average
$1,190/sqft
11 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Gonzales Point
15°C
—
Humidity 79%
Wind N calm km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
17,990
(2021 Census)
-0.6% since 2016
Density: 1,710.1/km²
Dwellings: 8,168
Median household income: $107,000
After-tax: $93,000
Immigrant population: 21.9%
Top countries of origin (% of total population)
- United Kingdom7% · 1,265
- United States of America2.9% · 515
- China1.5% · 270
- Germany0.9% · 155
- South Africa, Republic of0.5% · 85
- Netherlands0.4% · 80
- Philippines0.4% · 75
- Taiwan0.4% · 70
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Monterey Middle School | Elementary | 774 m |
| Margaret Jenkins Elementary | Elementary | 970 m |
| Glenlyon Norfolk School(Independent) | K-12 | 1.3 km |
| Sundance-Bank Elementary | Elementary | 2.0 km |
| Oak Bay Secondary | Secondary | 2.1 km |
| Sir James Douglas Elementary | Elementary | 2.2 km |
| St Patrick's School(Independent) | Elementary | 2.4 km |
| Central Middle School | Elementary | 2.6 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Cafes (2)
- Unnamed700 m
- The Teahouse at Abkhazi Garden · 1964 Fairfield Road792 m
Parks (5+)
- Walbran Park211 m
- Lafayette Park · 2200 Lafayette Street331 m
- Trafalgar Park422 m
- Unnamed512 m
- Gonzales Hill Regional Park · 302 Denison Road527 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($591,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





