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  5. King George

50 King George Terrace, Gonzales Oak Bay

Price

$2,995,000

Bedrooms4 Beds

Bathrooms3 Baths

Size4811 sqft

Year Built1911

Property TypeDetached Home

Property Taxes$11,859.75

Description

Admire some of Southern Vancouver Island’s most picturesque coastline from your cherished character home in Oak Bay! This stunning arts and crafts example has been carefully updated over the years to offer modern conveniences with all the warmth and elegance of yesteryear. Inside the stately home, you will find character details consistent with the era including 4 ornate fireplaces, oak and fir flooring with mahogany inlays, and extensive millwork producing beautiful balusters, picture frame moulding, and wainscotting. The spacious main living areas are framed around the view and are flooded with south facing sunshine. Unique family room with 11' barrel ceiling features original pendant lighting, gas fireplace, and a 6' steel vault. Upstairs there are 4 bedrooms, laundry, and 2 updated bathrooms. Two options for a primary bedroom, with dual walk-in closets, are connected by a sun room with the most breathtaking views of Gonzales Beach, Harling Point, Clover Point, and the Olympic Mountain Range. Exterior updates include an entry gate, significant stonework and hardscaping to create beautiful outdoor living areas, as well as a detached garage. A built-in sound system, outdoor fireplace, and sauna complete this unique offering in today’s market. (id:39198)

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Listed By

The listing brokerage and/or agent is Engel & Volkers Vancouver Island

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$11,748 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,396,000

Total Interest Payments

$1,477,280

Total Payment (Principal + Interest)

$3,873,280


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Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions