Krista MacDonald   

kristamacdonald@royallepage.ca 

Krista MacDonald
Office:250 477-5353
Cell:250 588-0494
Toll Free:1 800-461-5353

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550B 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West) : MLS®# 1023979

550B 4678 Elk Lake Dr Saanich V8Z 5M1 : SW Royal Oak

Photo is virtually stagedbanner
$395,000
Prop. Type:
Residential
MLS® Num:
1023979
Status:
Active
Bedrooms:
1
Bathrooms:
1
Year Built:
1981
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 Type:
Residential
Type:
Condo Apartment
Year built:
1981 (Age: 45)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure561 sq. ft.
Listing General Location:
SW Royal Oak, Saanich West
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
Switch units of measure561 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Royal Oak Estates
Building Type:
Top Level
Construction:
Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Levels:
1
Number of Storeys:
4
Number of Buildings:
5
Ceiling Heights:
Switch units of measure
Floor finish:
Wood
Total Building Area:
Switch units of measure561 sq. ft.
Total Unfinished Area:
Switch units of measure0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
Switch units of measure0 sq. ft.
Living Area Main Floor:
Switch units of measure561 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning, Wall Unit(s)
Heating:
Baseboard, Electric, Heat Pump
Fireplace:
No
Pending Date:
Oven/Range Electric, Refrigerator
Controlled Entry, Dining/Living Combo, French Doors, Storage, Vaulted Ceiling(s)
Blinds
Bike Storage, Common Area
Turn between Howard Johnson Hotel & Berwick Retirement and go to Building B.
Parking Stall, Separate Storage
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK
1 cat only
No
Yes
no smoking in building
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Electricity, Trash, Heat, Hot Water, Insurance, Maintenance Grounds, Property Management, Recycling, Sewer, Water
Association Fee Year:
2025
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Condo
Lot Site Features:
Irregular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Detached, Guest, Other
Total Parking Spaces:
1
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jan 22, 2026
Original Price:
395000.0
Listed by RE/MAX Camosun
Data was last updated January 23, 2026 at 02:05 AM (UTC)
KRISTA MACDONALD
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.
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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.