2 Bed Condo Apartment in Saanich West

$479,900

493D - 4678 Elk Lake Dr
MLS® NO: 1032929

Description

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. Exceptional value per sq ft. Located in the highly walkable Royal Oak neighbourhood of Saanich, residents are steps to parks and green space and within walking distance to Commonwealth Place recreation centre, Royal Oak Shopping Centre, Broadmead Village, grocery stores, cafés, professional services, and major bus routes. Convenient access to the Pat Bay Highway allows efficient travel to downtown Victoria, the University of Victoria, Victoria International Airport, and BC Ferries. Exceptional price-per-square-foot value in an amenity-rich, centrally positioned community.

General

Property Type:Condo Apartment
Title of Ownership:STRATA LOT 92, 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 OR V, AS APPROPRIATE
Layout:Condo
Number of Floors:3
Taxes:$2,723
Tax Year:2025
Finished Sq. Ft.:1,271
Unfinished Sq. Ft.:110
Year Built:1982

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Interior Details

Bedroom(s): 2
Bathroom(s): 2
Basement Type: None
Interior Features: Controlled Entry, Dining/Living Combo, Storage, Vaulted Ceiling(s)
Appliances Included: Refrigerator

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard, Electric, Other

Site Influences

Lot SqFt: 1,381
Acres: 0.03
Water: Municipal
Waste: Sewer Connected
Parking: Guest, Open
Lot Features: Rectangular Lot

Strata Lot Information

Complex: Royal Oak Estates
Strata Fee: $633
Common Features: Caretaker, Electricity, Garbage Removal, Heat, Hot Water, Insurance, Maintenance Grounds, Property Management, Sewer and Water
Age Notes: VERIFY WITH BYLAWS IF IMPORTANT
Rental Restrictions: Unrestricted
Rental Notes: VERIFY WITH BYLAWS IF IMPORTANT
Pets Allowed: Aquariums, Birds
Pet Notes: VERIFY WITH BYLAWS IF IMPORTANT

Room Dimensions

Main Level

Bathroom2-Piece
Dining Room11'x9'
Entrance5'x5'
Kitchen8'x7'
Living Room16'x16'

Second Level

Bathroom4-Piece
Bedroom19'x14'
Bedroom - Primary18'x17'

Unfinished

Balcony19'x5'

Property Details

Beds: 2
Baths: 2
Sq. Feet: 1,271
Year Built: 1982
Property Type: Condo Apartment
Municipality: Saanich West

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Listed with:

Christian RavlicOakwyn Realty Ltd.
Phone: 778-678-3098

Zoi LiviaOakwyn Realty Ltd.
Phone: 250-588-4259

Erin RavlicOakwyn Realty Ltd.
Phone: 604-868-3546

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.