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.
Address
493D - 4678 Elk Lake Dr
List Price
$484,900
Property Type
Residential
Type of Dwelling
Condo Apartment
Style of Home
West Coast
Transaction Type
Sale
Area
Saanich West
Sub-Area
SW Royal Oak
Bedrooms
2
Bathrooms
2
Floor Area
1,271 Sq. Ft.
Lot Size
1381 Sq. Ft.
Lot Size (Acres)
0.03 Ac.
Year Built
1982
Maint. Fee
$633.00
MLS® Number
1026625
Listing Brokerage
Keller Williams Ocean Realty VanCentral
Basement Area
None
Postal Code
V8Z 5M1
Tax Amount
$2,722.65
Tax Year
2025
Features
Baseboard, Blinds, Carpet, Controlled Entry, Dining/Living Combo, Electric, Insulated Windows, Laminate, Other, Refrigerator, Screens, Skylight(s), Storage, Tile, Vaulted Ceiling(s)
Amenities
Balcony/Patio, Rectangular Lot
