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This 1 bedroom, 1 bathroom condo is listed for sale at $385,000 in Saanich, British Columbia. The property offers 561.00 square feet of living space. Built in 1981. Lot size: 436 sq ft (0.01 acres).MLS® #1030737.
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.
Property features include: Oven/Range Electric, Refrigerator.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Saanich West area.
Property Type
Condo
Year Built
1981
Interior Size
561 sq ft
Lot Size
436 sq ft(0.01 acres)
Bedrooms
1
Bathrooms
1
Area
Saanich West
Neighborhood
Royal Oak
MLS® Number
#1030737
View comprehensive market analysis for Elk Lake Dr including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Elk Lake Dr Market ReportThis 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.
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Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$3,425
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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