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.
Address
550B - 4678 Elk Lake Dr
List Price
$395,000
Property Type
Residential
Type of Dwelling
Condo Apartment
Transaction Type
Sale
Area
Saanich West
Sub-Area
SW Royal Oak
Bedrooms
1
Bathrooms
1
Floor Area
561 Sq. Ft.
Lot Size
561 Sq. Ft.
Lot Size (Acres)
0.01 Ac.
Year Built
1981
Maint. Fee
$283.12
MLS® Number
1023979
Listing Brokerage
RE/MAX Camosun
Postal Code
V8Z 5M1
Tax Amount
$1,609.48
Tax Year
2025
Features
Baseboard, Blinds, Controlled Entry, Dining/Living Combo, Electric, French Doors, Heat Pump, Oven/Range Electric, Refrigerator, Storage, Vaulted Ceiling(s), Wood
Amenities
Irregular Lot, Primary Bedroom on Main