#499D – 4678 Elk Lake Dr, Saanich
SW Royal Oak · Condo Apartment · MLS® 1048899 · Listed Sep 8, 2026
Discover a distinctive loft-style home in Royal Oak Estates. This bright, 1,229 sq ft, two-level 2-bed, 2-bath residence offers space, light and architectural character rarely found at this price. The vaulted living area features a wall of windows and skylights, feeling much larger than a typical condo. The two-level layout separates living and sleeping areas, giving it the feel of a private townhouse. Large windows overlook mature greenery and landscaped grounds. Primary bedroom offers generous closets; second suits guests or a home office. Two baths, in-suite laundry, storage, separate locker, A/C and parking incl. Strata fees cover all utilities (heat, hot water, electricity), mgmt and groundskeeping. Near Commonwealth Rec Centre, Royal Oak & Broadmead shopping, transit, parks and hwys. No age restrictions. Rentals permitted. Photos taken prior to current tenant moving in, for privacy.
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 1,265 sqft |
| Lot Size | 1,229 sqft (0.03 acres) |
| Lot Features | Curb & Gutter, Private, Quiet Area, Recreation Nearby, Wooded |
| Parking | 1 space |
| Year Built | 1984 |
| Heating | Baseboard, Electric |
| Exterior | Wood |
| Roof | Wood |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $2,689 (2026) |
| Strata Fee | $625/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 2 |
| Parking Type | Guest, On Street, Open |
| Amenities | Bike Storage, Common Area, Meeting Room, Storage Unit |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Oven/Range Electric, Range Hood, Refrigerator |
| MLS® # | 1048899 |
| Brokerage | eXp Realty (NA) |
85 homes sold in Royal Oak in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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85 homes sold in Royal Oak in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months









85 sales in Royal Oak in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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85 sales in Royal Oak in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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Royal Oak condo averages, updated daily. See Royal Oak market stats or Saanich market stats.
It is listed at $454,900.
A Condo Apartment in SW Royal Oak, Saanich with 2 bedrooms, 2 bathrooms, 1,265 sqft, built in 1984.
It has 1 parking space (Guest, On Street, Open).
The lot is 1,229 sqft (0.03 acres).
Saanich is currently a seller's market: median sold price $661,000, 3.9 months of inventory, homes typically selling in about 37 days.
There are 13 condos for sale in Royal Oak right now. Browse all Royal Oak condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Royal Oak is $661,000, based on 85 sales over the past 12 months. The median price per square foot is $649. Compare asking prices across the condos currently for sale in Royal Oak.
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. Data last updated: Sep 10, 2026.