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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/ new 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. (id:24212)
Full Address:
550B 4678 Elk Lake Drive, Saanich, British Columbia
Price:
$ 395,000
MLS Number:
1023979
List Date:
January 22nd, 2026
Neighbourhood:
Royal Oak
Lot Size:
561 ac
Year Built:
1981
Taxes:
$ 1,609
Ownership Type:
Condo/Strata
Stata Fees:
$ 283

Property Specifications

Bedrooms:
1
Bathrooms:
1
Appliances:
Refrigerator, Oven – Electric
Air Conditioning:
Wall unit, Air Conditioned
Heating:
Heat Pump, Baseboard heaters, Electric

Interior Features

Zoning:
Multi-Family
Garage Spaces:
1

Building Features

Finished Area:
561 sq.ft.
Main Floor:
561 sq.ft.
Rooms:
Main level
Primary Bedroom
9 x 15 feet
Bathroom
5 x 8 feet
Kitchen
9 x 10 feet
Living room/Dining room
12 x 13 feet
Entrance
4 x 10 feet

Floors

Lot Size:
561 ac
Lot Features:
Irregular lot size

Land

Neighbourhood Features

Amenities Nearby:
Family Oriented, Pets Allowed With Restrictions

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Brandon FaberBrokerage: RE/MAX Camosun

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