For Sale: 550B-4678 Elk Lake Drive, Saanich, BC - REW
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$375,000
1 bd • 1 ba • 561 sf • Apt/Condo
550B-4678 Elk Lake Drive
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$375,000
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550b - 4678 Elk Lake DriveSaanich, BC, V8Z 5M1

Royal Oak
  • 1 Bed
  • 1 Bath
  • 561 Sqft
  • Apt/Condo

About this home

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.
Listed by: Brandon Faber PREC*, RE/MAX Camosun

Home facts and features

Price details
List Price
$375,000
Get Pre-Approved
Gross Taxes for 2025
$1,609
Strata Maintenance Fees
$283
Home facts
Bedrooms
1
Full Bathrooms
1
Parking Spaces
1
Parking Details
Detached, Guest, Other
Property Type
Apt/Condo
Year Built
Built in 1981 (45 yrs old)
Title
Freehold/Strata
Style
Condo
Exterior Finish
Wood
Heating Type
Baseboard, Electric, Heat Pump
Cooling
Air Conditioning, Wall Unit(s)
Features
Irregular Lot
Amenities
Controlled Entry, Dining/living Combo, French Doors, Primary Bedroom On Main, Storage, Vaulted Ceiling(s)
Appliances
Oven/range Electric, Refrigerator
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Camosun
Listing details
Days on REW
40 Days
Property Views
719
MLS® Number
1034217
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Claremont Secondary School
  • Public
  • 9 - 12
  • In Catchment
Prospect Lake Elementary School
  • Public
  • K - 5
  • In Catchment
Royal Oak Middle School
  • Public
  • 6 - 8
Glanford Middle School
  • Public
  • 6 - 8
St Margaret's School
  • Independent
  • K - 12
Cordova Bay Elementary School
  • Public
  • K - 5
Pacific Christian School
  • Independent
  • K - 12
Lakeview Christian School
  • Independent
  • K - 7
Discovery School
  • Independent
  • 4 - 12
St Andrew's Regional High School
  • Independent
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Brandon Faber PREC*
Cell:
250-507-7669
Office:
250-478-9600
Fax:
250-478-6060
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.