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50 Sylvan Lane, Oak Bay

50 Sylvan Lane, Oak Bay

Gonzales · Single Family Residence · MLS® 957078 · Listed Apr 4, 2024

3
Beds
4
Baths
3,369
Sqft
16,600 sqft
Lot
4
Parking
1925
Built
Overview

About This Property

In '97, this Samuel Maclure designed 1925 home saw extensive renovations. Nestled on a serene lane amidst well-established gardens & towering firs, this residence still retains its timeless charm,much akin to its appearance nearly a century ago.The front of the house exudes a sense of modesty, while the rear portion gracefully opens up to a private, landscaped formal garden.Upon entering, a striking first impression unfolds within the arched central hallway, adorned w/ a silver leaf ceiling.Fir & oak floors add warmth & character. The kitchen combines contemporary sensibilities w/ an antique aesthetic.The formal living room bathes in natural light & a propane insert. Maintaining its historical authenticity, the original radiators provide warmth & charm. Sun-room offers picturesque views.Formal dining room w/ leaded glass built-ins, a cozy sitting room w/ fireplace insert nestled beneath a carved fir mantel. Upstairs has a 3rd bedroom & 4 pc bath. Mt. Baker to McNeill Bay views abound.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms3
Bathrooms4
Interior3,369 sqft
Lot Size16,600 sqft (0.38 acres)
Lot FeaturesPrivate, Rectangular Lot
Parking4 spaces (1 garage)
Year Built1925
Fireplaces2
HeatingElectric, Hot Water, Propane
BasementCrawl Space, Partially Finished, Walk-Out Access, With Windows
ExteriorInsulation: Ceiling, Insulation: Walls, Stucco
RoofAsphalt Shingle
FoundationConcrete Perimeter
FlooringWood
WaterMunicipal
SewerSewer To Lot
ZoningResidential
Taxes$11,544.11 (2023)
ExtrasBuilt-In Range, Dishwasher, F/S/W/D, Garburator, Oven Built-In, Refrigerator
MLS® #957078
BrokeragePemberton Holmes Ltd. - Oak Bay
Location

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Property Insights

History & Activity

Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

gonzales · single-family
$2,480,000
Median Sold
39
Months of Supply
54
Avg Days to Sell
Buyer'S
Market

Gonzales single-family averages, updated daily. See Gonzales market stats or Oak Bay market stats.

Questions about this property

When did 50 Sylvan Lane, Oak Bay sell?

50 Sylvan Lane, Oak Bay sold on October 2, 2024, after 181 days on the market.

What did 50 Sylvan Lane, Oak Bay sell for?

It sold for $1,930,000 (listed at $2,100,000). Source: BC Assessment (registered sale).

How long was 50 Sylvan Lane, Oak Bay on the market?

It was on the market for 181 days, from April 4, 2024 to October 2, 2024.

What kind of home is 50 Sylvan Lane, Oak Bay?

A Single Family Residence in Gonzales, Oak Bay with 3 bedrooms, 4 bathrooms, 3,369 sqft, built in 1925.

Does 50 Sylvan Lane, Oak Bay have parking?

It has 3 parking spaces.

How big is the lot at 50 Sylvan Lane, Oak Bay?

The lot is 16,600 sqft (0.38 acres).

Did the price of 50 Sylvan Lane, Oak Bay change?

50 Sylvan Lane, Oak Bay was originally listed at $2,450,000, then reduced to $2,100,000 (14.3% reduction), and sold for $1,930,000.

How did the sold price of 50 Sylvan Lane, Oak Bay compare to its BC assessment?

50 Sylvan Lane, Oak Bay sold for $1,930,000, 1.6% below its BC-assessed value of $1,961,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 98%. Source: BC Assessment.

What is the Oak Bay real estate market like now?

Oak Bay is currently a buyer's market: median sold price $2,480,000, 39 months of inventory, homes typically selling in about 54 days.

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VREB · Victoria Real Estate Board

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 27, 2026.