493D 4678 Elk Lake Dr
Saanich
V8Z 5M1
$484,900
Residential
beds: 1
baths: 2.0
1,271 sq. ft.
built: 1982
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1026625
- Bedrooms:
- 1
- Bathrooms:
- 2
- Year Built:
- 1982
- Photos (31)
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Royal Oak’s best value in loft-style living—1,276 sq ft of light-filled space at a price rarely seen in this submarket. This 2BD/2BA suite in Royal Estates offers vaulted ceilings, panoramic skylights, and a full wall of glazing opening to an East-facing patio spanning the length of the unit—ideal for morning sun exposure and passive natural light. Unique two-level entry enhances privacy and flexibility. Granite kitchen, generous in-suite storage plus separate locker. Oversized primary with walk-in closet and marble-surround bath. Heat pump approved building. Strata fees INCLUDE heat, hot water & electricity—rare cost efficiency in today’s market. Rentable, no age restrictions—strong holding property potential. Walk Score lifestyle: steps to parks, recreation, transit, groceries & Commonwealth Place. Minutes to highway access. High livability. Strong fundamentals. Exceptional value per sq ft.
- Property Type:
- Residential
- Type:
- Condo Apartment
- Year built:
- 1982 (Age: 44)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,271 sq. ft.
- Main Building Living Area:
- 1,271 sq. ft.
- Listing General Location:
- SW Royal Oak, Saanich West
- Bedrooms:
- 1
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 1,381 sq. ft.
- Kitchens:
- 1
- Home Style:
- West Coast
- Taxes:
- Signup
- Building Name:
- Royal Oak Estates
- Building Type:
- Other Level
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Number of Storeys:
- 3
- Number of Buildings:
- 5
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Laminate, Tile
- Total Building Area:
- 1,381 sq. ft.
- Total Unfinished Area:
- 110 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 1
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 1
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # 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:
- 0 sq. ft.
- Living Area Main Floor:
- 541 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 730 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Balcony Area:
- 110 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- None
- Cooling:
- None
- Heating:
- Baseboard, Electric, Other
- Fireplace:
- No
- Pending Date:
- Signup
- Refrigerator
- Controlled Entry, Dining/Living Combo, Storage, Vaulted Ceiling(s)
- Blinds, Insulated Windows, Screens, Skylight(s)
- Balcony/Patio
- Common Area, Secured Entry, Storage Unit, Street Lighting
- Balcony
- Main Level
- 0
- Verify with bylaws if important.
- Number Limit, Size Limit
- Verify with bylaws if important.
- No
- Verify with bylaws if important.
- No
- Verify with bylaws if important.
- Unrestricted
- Verify with bylaws if important.
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Includes:
- Caretaker, Electricity, Trash, Heat, Hot Water, Insurance, Maintenance Grounds, Property Management, Sewer, Water
- Association Fee Year:
- 2026
- Jurisdiction name:
- District of Saanich (SD63)
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 1
- 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
- Occupancy:
- Vacant
- Property Condition:
- Resale
- Utilities:
- Electricity Connected, Garbage, Recycling
- Exposure / Faces:
- East
- Layout:
- Condo
- Lot Site Features:
- Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Guest, Open
- Total Parking Spaces:
- 1
- Common Parking Spaces:
- 1
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 0
- Rent Includes:
- Cable TV
- Total Units:
- Signup
- Date Listed:
- Feb 27, 2026
- Original Price:
- 484900.0
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Listed by Keller Williams Ocean Realty VanCentral
Data was last updated February 27, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $844,500
- Min list price:
- $389,000
- Max list price:
- $1,239,000
- Avg days on market:
- 32
- Min days on market:
- 2
- Max days on market:
- 218
- Avg price per sq.ft.:
- $594.1
These statistics are generated based on the current listing's property type
and located in
SW Royal Oak. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JARET ANDREWS
- RE/MAX CAMOSUN
- 1 (250) 6868285
- Contact by Email
RE/MAX Camosun
Office Address:
4440 Chatterton Way
Victoria, BC, V8X 5J2