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Royal Oak’s most compelling loft opportunity—1,276 square feet of vaulted, light-filled living at an exceptional price point in Royal Estates. This two bedroom, two bathroom residence offers soaring ceilings, panoramic skylights, and a full wall of glazing opening to a private east-facing patio that spans the length of the unit, maximizing natural light and seamless indoor-outdoor flow. The unique two-level entry provides flexibility and privacy rarely found in conventional condominium layouts. The open-concept main living area features granite kitchen counters, generous under-stair in-suite storage, plus a large separate storage locker. The oversized primary bedroom includes a walk-in closet and marble-surround bath detail. The building is heat pump approved. Strata fees include heat, hot water, and electricity—an uncommon and valuable monthly cost advantage. The property is rentable with no age restrictions, offering strong long-term holding potential. Located in the highly walkable Royal Oak neighbourhood of Saanich, residents are steps to parks and green space and within walking distance to Commonwealth Place recreation centre, Royal Oak Shopping Centre, Broadmead Village, grocery stores, cafés, professional services, and major bus routes. Convenient access to the Pat Bay Highway allows efficient travel to downtown Victoria, the University of Victoria, Victoria International Airport, and BC Ferries. Exceptional price-per-square-foot value in an amenity-rich, centrally positioned community. (id:24212)
Full Address:
493D 4678 Elk Lake Drive, Saanich, British Columbia
Price:
$ 484,900
MLS Number:
1026625
List Date:
February 27th, 2026
Neighbourhood:
Royal Oak
Lot Size:
1381 ac
Year Built:
1982
Taxes:
$ 2,723
Ownership Type:
Condo/Strata
Stata Fees:
$ 633

Property Specifications

Bedrooms:
2
Bathrooms:
2
Appliances:
Refrigerator
Air Conditioning:
None
Heating:
Baseboard heaters, Electric, Other

Interior Features

Architectural Style:
Westcoast
Zoning:
Residential
Garage Spaces:
1

Building Features

Finished Area:
1381 sq.ft.
Main Floor:
1271 sq.ft.
Rooms:

Floors

Lot Size:
1381 ac
Lot Features:
Rectangular

Land

Neighbourhood Features

Amenities Nearby:
Family Oriented, Pets Allowed With Restrictions

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Christian RavlicBrokerage: Keller Williams Ocean Realty VanCentral

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