550B-4678 Elk Lake Dr, Saanich, BC, V8Z 5M1

$395,000

MLS® # 1023979

Property For Sale In Royal Oak, Saanich, British Columbia

$395,000

  • 1

    Bedroom

  • 1

    Bath

  • $283.12

    Maintenance Fees

Property Information:

This is 550B - a top floor and renovated 1bed 1bath condo perfect for first-time buyers, downsizers, or investors. Royal Oak Estates is a well-managed, rental-friendly complex with no age restrictions, parking included, and an ALL-IN strata fee that covers electricity and water, a rare and convenient offering. The suite has an efficient layout and underwent extensive upgrades in 2025, including a Samsung heat pump w/ AC, updated Samsung s/s kitchen appliances, new kitchen cabinets/countertops, refreshed bathroom w/ tile flooring, bath fitter, vanity, and toilet, new laminate flooring and baseboards throughout, and fresh paint. Common laundry is located on the same floor, along with a separate storage locker. The location is highly convenient, close to Royal Oak and Broadmead shopping, Elk/Beaver Lake trails, Royal Oak Bus Exchange, and the Commonwealth Recreation Centre. Downtown Victoria is an easy commute by car or bus w/ quick highway access.

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Annual Tax Amount: $1,609
  • Accessibility Features:
  • Appliances: Oven/Range Electric, Refrigerator
  • Association Amenities: Bike Storage, Common Area
  • Association Fee Includes: Electricity, Trash, Heat, Hot Water, Insurance, Maintenance Grounds, Property Management, Recycling, Sewer, Water
  • Built in: 1981
  • Condo Fees: $283 Monthly
  • Construction Materials: Wood
  • Cooling: Air Conditioning, Wall Unit(s)
  • Floor Space (approx): 561 Square Feet
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric, Heat Pump
  • Interior Features: Controlled Entry, Dining/Living Combo, French Doors, Storage, Vaulted Ceiling(s)
  • Irregular: Yes
  • Laundry Features: Common Area
  • Lot Features: Irregular Lot
  • Lot Frontage: 561 Square Feet
  • Lot Size: 561.00 Square Feet
  • Ownership: Freehold/Strata
  • Parking Features: Detached, Guest, Other
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK
  • Property Condition: Resale
  • Property Sub Type: Condo Apartment
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Window Features: Blinds
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 1

Rooms:

  • Other Main Level 3.96 m x 3.66 m Note: Dining/Living Combo
  • Kitchen Main Level 3.05 m x 2.74 m
  • Other Main Level 3.05 m x 1.22 m Note: Entrance
  • Bathroom Main Level 2.44 m x 1.52 m
  • Other Main Level 4.57 m x 2.74 m
  • Walk-in Closet Main Level 1.83 m x 1.52 m

Courtesy of: RE/MAX Camosun

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.

Additional Photos