Ob Gonzales Homes with Unrestricted Rentals Allowed

Ob Gonzales Homes with Unrestricted Rentals Allowed

Welcome to the enchanting subdivision of Ob Gonzales, nestled in the picturesque community of Oak Bay, British Columbia. This charming neighborhood is renowned for its stunning natural beauty, vibrant community spirit, and an array of amenities that cater to a diverse lifestyle.

Ob Gonzales is a hidden gem that offers a unique blend of tranquility and convenience. With its tree-lined streets and beautifully landscaped parks, residents can enjoy leisurely strolls and outdoor activities right at their doorstep. The proximity to the breathtaking coastline ensures that you are never far from the serene sounds of the ocean and stunning views of the nearby mountains.

One of the standout features of Ob Gonzales is the availability of homes with unrestricted rentals allowed. This means that whether you are an investor seeking to expand your portfolio or a homeowner looking for flexibility, this subdivision offers a wealth of opportunities. The rental-friendly policy opens doors for both long-term and short-term rental options, making it an attractive choice for those looking to capitalize on the thriving rental market in Oak Bay.

In addition to its rental potential, Ob Gonzales is situated near top-rated schools, boutique shops, and delightful dining options, ensuring that residents have everything they need within reach. With a strong sense of community and a welcoming atmosphere, Ob Gonzales is not just a place to live; it’s a place to thrive. Discover the charm of this exceptional subdivision, where your dream home awaits!

Newest Ob Gonzales Homes with Unrestricted Rentals Allowed

$3,649,900
5 Beds ⋅ 3 Baths ⋅ 1043163 MLS
Rising above the Juan de Fuca Strait in Oak Bay's Harling Point neighbourhood, this remarkable home pairs panoramic Olympic Mountain views w/ architectural character and refined contemporary design. Extensively upgraded over the past 3 years, the custom Douglas Grant kitchen features marble countertops, premium appliances, and herringbone oak flooring. The primary suite offers vaulted ceilings, sweeping strait views, and a multi-room ensuite. French doors connect the main living areas to an ocean-view deck and a south-facing garden patio beneath Walbran Park, extending the private backyard outdoors. Rear parking provides stair-free entry and convenient main-level living, while integrated UniFi WiFi, smart-home features, privacy-focused security, and weather-aware irrigation round out the home's systems. Just a short walk to Gonzales Beach, this Harling Point home offers elegant, oceanside living on one of Canada's most desirable streets.

100 King George Terr, Oak Bay

Courtesy of Oakwyn Realty Ltd.

$3,895,000
6 Beds ⋅ 4 Baths ⋅ 1040389 MLS
Welcome to 2114 Marne St, an exceptional low bank, walk on waterfront estate in one of Oak Bay’s most coveted coastal enclaves. Set on over ¼ acre with rare SW exposure, the property enjoys all day sun, breathtaking sunsets, and panoramic ocean vistas across an ever changing seascape. Spanning 3 levels, 6 bed/4 bath, and over 4,200 sq/ft, the residence blends timeless West Coast architecture with quality craftsmanship. The main level offers bright+open living oriented to the water, while the lower level with a separate entrance and full kitchen providing flexibility for guests or family. A boathouse with convenient storage, and gas fire pit complete this quintessential West Coast setting. Extensively upgraded throughout including: kitchen/cabinets/finished basement/roof/building envelope/interior+exterior paint/flooring/lighting/plumbing/electrical/and more. Quietly tucked on a cul de sac on the less busy side of Gonzales Bay, this is refined Oak Bay waterfront living at its finest.

2114 Marne St, Oak Bay

Courtesy of The Agency

$2,490,000
4 Beds ⋅ 5 Baths ⋅ 1040312 MLS
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.

250 King George Terr, Oak Bay

Courtesy of RE/MAX Camosun

$8,500,000
4 Beds ⋅ 7 Baths ⋅ 1031395 MLS
121 Denison Rd, “King of The Hill,” is a rare South Oak Bay offering set at Oak Bay’s highest point above McNeil Bay. It commands unobstructed 270° views of the Olympic Mountains, Trial Island lighthouse, and surrounding islands, with constant marine activity. Tucked on a quiet, park-like cul-de-sac, the brand new 2026 home offers exceptional privacy. Originally built in the 1970s and reimagined by Zebra Design, it preserves its irreplaceable elevation, now restricted, while capturing ocean views from every principal room, including the garage. Built by GT-Mann Construction, it features premium materials, engineered pillarless design, triple-pane windows, solid core doors, and extensive soundproofing. Control4 automation integrates lighting, climate, and security. Highlights include a floating staircase, seamless indoor-outdoor living, a concrete pool, wellness area, and a 400-bottle wine cellar, exemplifying refined coastal luxury.

121 Denison Rd, Oak Bay

Courtesy of The Agency

$2,958,000
4 Beds ⋅ 4 Baths ⋅ 1036618 MLS
Perfectly positioned on prestigious King George Terrace, this exceptional residence captures stunning southeast views across McNeill Bay to the Olympic Mountains while offering refined Oak Bay living at its finest. Fully transformed in 2012, the home blends timeless elegance with modern luxury, featuring 4 gas fireplaces, gated entry, front fountain, and double detached garage. A standout feature is the incredibly versatile executive layout, ideal for multi-generational living, with private rear entry access to a beautifully appointed 2-bedroom, 2-bath in-law or nanny suite complete with its own gourmet kitchen and living space. Upstairs, expansive open-concept living and dining areas flow into a sunken chef’s kitchen with high-end cabinetry, granite countertops, and premium appliances. The top floor is dedicated to a luxurious primary retreat with spa-inspired ensuite, walk-in closet, office nook, fireplace, and private ocean view deck.

376 King George Terr, Oak Bay

Courtesy of The Agency

$2,699,000
1034495 MLS
Only one lot remains! This is the final opportunity to secure a spectacular freehold oceanfront home site in one of Canada's most cherished neighbourhoods. Located on a very quiet cul-de-sac and perched prominently above the waters of McNeill Bay. Enjoy incredible views of wildlife and constant marine activity as well as the Trial Islands and the Olympic Mountains . Spectacular modern design by BoForm will be brought to life by the multiple award winning Christopher Developments. Be sure to visit project website for more detail.

291 King George Terr Unit #A, Oak Bay

Courtesy of Alexandrite Real Estate Ltd.

$3,650,000
2 Beds ⋅ 3 Baths ⋅ 1033136 MLS
Where the garden meets the sea, and history finds a home! Perched on the shoreline of Gonzales Bay, this upscale seaside cottage offers a rare chance to own a piece of the coast’s storied past. Located on prestigious King George Terrace, this property blends vintage character with unparalleled views. The soul of the home lies in its panoramic windows, framing the Salish Sea like a living gallery. From the sun-drenched living room to the primary suite, the connection to the water is absolute. Inside, a nostalgic charm invites you to slow down, featuring unique built-ins and a classic vanity. Outside the a botanical sanctuary; a tiered rock garden of azaleas surrounds a winding stone staircase leading to the water's edge. This historic retreat captures a bygone era—quiet, private, and deeply connected to nature. It is a rare opportunity to preserve a legacy in one of the region’s most sought-after neighbourhoods.

309 King George Terr, Oak Bay

Courtesy of Engel & Volkers Vancouver Island

$6,500,000
4 Beds ⋅ 4 Baths ⋅ 1030573 MLS
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 island perfect for entertaining. Upstairs, the serene primary suite includes a walk-in closet, spa-like ensuite, and private covered balcony. Also accessible from the upper floor is the expansive rooftop deck - perfect for yoga, stargazing, or sunset gatherings. Radiant in-floor heating, custom millwork, and architectural detailing throughout provide comfort and sophistication. Tucked on a private corner lot with a 2-car garage, carport, and lush landscaping, this is coastal living redefined: luxurious, tranquil, and effortlessly connected to nature.

295 King George Terr, Oak Bay

Courtesy of The Agency

$5,745,000
5 Beds ⋅ 5 Baths ⋅ 1030570 MLS
NEW PRICE $5,745,000 Experience timeless elegance at 261 King George Terrace, a remarkable south-facing waterfront estate in Oak Bay's prestigious Gonzales neighbourhood. Built in 1933 and set on over 0.8 acres, this exquisite home boasts panoramic views of the ocean, Trial Islands, and Olympic Mountains from nearly every room. Watch whales from your beautifully landscaped backyard, framed by incredible natural rockwork. Inside, the home offers the flexibility of one-level living on the main floor featuring a spacious kitchen, formal dining and living room, principal suite, and more—making everyday living exceptionally convenient. Downstairs, a full-height walk-out basement expands your options with additional living space that opens into pristine grounds. Dual driveways each lead to their own detached double garage. With its historic charm, thoughtful layout, and spectacular setting, this is a rare opportunity to own one of Victoria’s most iconic seaside estates.

261 King George Terr, Oak Bay

Courtesy of The Agency

$2,499,000
3 Beds ⋅ 3 Baths ⋅ 1029520 MLS
Welcome to 335 King George Terrace, a tranquil coastal retreat in Oak Bay’s prestigious Gonzales neighbourhood. This 3-bedroom, 3-bathroom residence offers nearly 3,000 sq. ft. of well-designed living space, with panoramic ocean views from every level. The main floor features a bright, open-concept living and dining area, a well-appointed kitchen, and a sun-filled primary suite complete with a walk-in closet and ensuite. Multiple patios create seamless indoor-outdoor living, perfect for entertaining. Upstairs, vaulted ceilings enhance a spacious media room, along with two additional bedrooms and direct access to expansive outdoor areas. A double garage provides secure parking and ample storage. Tucked away on a quiet cul-de-sac just steps to the beach and parks, and minutes from Oak Bay Village, this home embodies the essence of West Coast living in a highly sought-after seaside setting.

335 King George Terr, Oak Bay

Courtesy of The Agency

$2,885,000
4 Beds ⋅ 3 Baths ⋅ 1026993 MLS
Admire some of 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, you will find character details consistent with the era including 4 ornate FPs, oak/fir flooring, and extensive millwork. The main living areas are framed around the view and are flooded with south facing sunshine. Unique family room with 11' barrel ceiling features pendant lighting, gas FP, and a steel vault. Upstairs there are 4 bedrooms, laundry, and 2 bathrooms. 2 options for a primary, with dual WICs, are connected by a sun room with breathtaking views of Gonzales Beach, Harling Point, Clover Point, and Olympic Mtns. Exterior updates include: entry gate, hardscaping to create beautiful outdoor living areas, as well as a detached garage. A built-in sound system, outdoor FP, and sauna complete this unique offering!

50 King George Terr, Oak Bay

Courtesy of Engel & Volkers Vancouver Island

$2,100,000
1020682 MLS
Extremely rare SW-facing, spectacular ocean-view building lot in Oak Bay. See drone video! Overgrowth on property has been removed to create access. Build your dream home on one of Victoria's most prestigious streets or develop the property under the new municipal bylaws which permit 4 homes. Conceptual renderings and floor plans available. Large, sunny SW-facing lot with endless possibilities. Last undeveloped lot on Barkley Terrace. This opportunity will not come along again. Note, price of $2,100,000 is for land only. LA has interest.

176 Barkley Terr, Oak Bay

Courtesy of Pemberton Holmes Ltd.

Start Your Search

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.