550b 4678 Elk Lake Dr Saanich, British Columbia V8Z 5M1

1 Bedroom 1 Bathroom 561 ft2
Air Conditioned, Wall Unit Baseboard Heaters, Heat Pump

$395,000

Maintenance,

$283.12 Monthly

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:46156)

Property Details

MLS® Number 1023979
Property Type Single Family
Neigbourhood Royal Oak
Community Name Royal Oak Estates
Community Features Pets Allowed With Restrictions, Family Oriented
Features Irregular Lot Size
Parking Space Total 1
Plan Vis1086

Building

Bathroom Total 1
Bedrooms Total 1
Appliances Oven - Electric, Refrigerator
Constructed Date 1981
Cooling Type Air Conditioned, Wall Unit
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Size Interior 561 Ft2
Total Finished Area 561 Sqft
Type Apartment

Land

Acreage No
Size Irregular 561
Size Total 561 Sqft
Size Total Text 561 Sqft
Zoning Type Multi-family

Rooms

Level Type Dimensions
Main Level Primary Bedroom 15 ft x 9 ft
Main Level Bathroom 8 ft x 5 ft
Main Level Kitchen 10 ft x 9 ft
Main Level Living Room/dining Room 13 ft x 12 ft
Main Level Entrance 10 ft x 4 ft

https://www.realtor.ca/real-estate/29279619/550b-4678-elk-lake-dr-saanich-royal-oak