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1 Bed Condo Apartment in Saanich West

$375,000

550B - 4678 Elk Lake Dr
MLS® NO: 1034217

Description

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.

General

Property Type:Condo Apartment
Title of Ownership:STRATA LOT 55, PLAN VIS1086, SECTION 108, LAKE LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1
Layout:Condo
Number of Floors:4
Taxes:$1,609
Tax Year:2025
Finished Sq. Ft.:561
Unfinished Sq. Ft.:0
Year Built:1981

Building Details

Foundation: Poured Concrete
Roof: Fibreglass Shingle
Heat/Air: Baseboard, Electric, Heat Pump

Site Influences

Lot SqFt: 561
Acres: 0.01
Water: Municipal
Waste: Sewer Connected
Parking: Detached, Guest, Other
Lot Features: Irregular Lot

Strata Lot Information

Complex: Royal Oak Estates
Strata Fee: $283
Common Features: Electricity, Garbage Removal, Heat, Hot Water, Insurance, Maintenance Grounds, Property Management, Recycling, Sewer and Water
Minimum Age: 0
Rental Restrictions: Unrestricted
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats
Pet Notes: 1 cat only

Room Dimensions

Level 1 - 561 sqft

Entrance:10x4
Dining/Living Combo:13x12
Kitchen:10x9
Bathroom:4-Piece piece
Bedroom - Primary:15x9
Walk-in Closet:6x5

Level 2 - 0 sqft

Level 3 - 0 sqft

Level 4 - 0 sqft

Other - 0 sqft

Property Details

Beds: 1
Baths: 1
Sq. Feet: 561
Year Built: 1981
Property Type: Condo Apartment
Municipality: Saanich West

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Listed with:

Brandon Faber - RE/MAX Camosun

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.