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Condos for Sale Victoria, BC under 500 000

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499D 4678 Elk Lake Dr
SW Royal Oak Saanich V8Z 5M1

$450,000
Residential beds: 2 baths: 2.0 1,265 sq. ft. built: 1984

Main Photo: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 1: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 2: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 3: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 4: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 5: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 6: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 7: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 8: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 9: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 10: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 11: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 12: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 13: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 14: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 15: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
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Photo 17: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 18: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 19: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 20: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 21: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 22: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 23: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Photo 24: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
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Photo 37: 499D 4678 Elk Lake Dr in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1008339
Status:
Active
Prop. Type:
Residential
MLS® Num:
1008339
Bedrooms:
2
Bathrooms:
2
Year Built:
1984
This BRIGHT, vacant, PRICED right, two-level 2 bed, 2 bath condo offers the PERFECT blend of space, COMFORT, and location. Enjoy a sun-filled open-concept living area with large windows and a modern, easy-care layout facing to a park. Upstairs features two generously sized bedrooms with ample closets and a full bath. Located in a highly desirable neighborhood — just steps from parks, walking trails, shops, dining, and top-rated schools — this is an ideal home for families, professionals, or anyone seeking a connected lifestyle. The monthly strata fee includes all utilities, offering unmatched value in today’s market. With transit nearby and nature all around, this home provides the lifestyle today’s buyers crave. Don’t miss this rare opportunity to live in one of the area's most sought-after communities. Book your private showing today for quick possession and make Royal Oak Estates your new home!
Property Type:
Residential
Type:
Condo Apartment
Year built:
1984 (Age: 41)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,265 sq. ft.
Listing General Location:
SW Royal Oak, Saanich West
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1,229 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Royal Oak Estates
Building Type:
Other Level
Building Features:
Bike Storage, Transit Nearby
Construction:
Wood
Foundation:
Concrete Perimeter
Roof:
Wood
Levels:
2
Number of Storeys:
2
Number of Buildings:
5
Ceiling Heights:
Floor finish:
Wood
Total Building Area:
1,265 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
0
# Second Level Bedrooms:
2
# 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:
501 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
764 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area, In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, Oven/Range Electric, Range Hood, Refrigerator
Eating Area, Storage, Vaulted Ceiling(s)
Parking Stall, Separate Storage
Main Level
0
No age restriction
Number Limit
one cat but no Dog
No
See Bylaws
No
see bylaws
Unrestricted
See Bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Trash, Insurance, Maintenance Grounds, Water
Association Fee Year:
2025
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Units in Building:
Units in Community:
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:
Contact List Licensee
Exposure / Faces:
West
Layout:
Condo
Lot Site Features:
Curb & Gutter, Private, Quiet Area, Recreation Nearby, Wooded
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Guest, On Street, Open
Total Parking Spaces:
1
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jul 24, 2025
Original Price:
499999.0
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    Extra unit on the same floor
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    Extra storage on the same floor
Listed by eXp Realty (NA)
Data was last updated December 24, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$899,000
Min list price:
$450,000
Max list price:
$1,299,900
Avg days on market:
75
Min days on market:
2
Max days on market:
169
Avg price per sq.ft.:
$566.63
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.

Condos for sale Victoria BC under 500 000


Victoria, British Columbia is a city that offers an exceptional quality of life. With its mild climate, stunning natural beauty, and thriving arts and culture, it's no wonder so many people are attracted to this city. When you're in the Victoria condo market, you'll find a wide variety of options available to suit every budget and lifestyle. In this article, we take a closer look at his $400,000 to $500,000 apartment listings in Victoria, British Columbia.

A popular option in this price range is the Mondrian, a sleek, modern hotel in the heart of downtown Victoria. Mondrian's one and two bedroom units feature open floor plans, large windows and quality finishes. In-building amenities include a fitness center, secure underground parking and a rooftop terrace with stunning city views.

Another option in this price range is the Escher, a luxury hotel located right on Victoria's Inner Harbour. Escher's units feature contemporary finishes, gourmet kitchens, and spacious balconies with stunning city and sea views. In-building amenities include a fitness centre, a shared lounge and a rooftop terrace with barbecue facilities. For those looking for a more suburban feel, the RailYards development in Victoria's Selkirk area may be a good choice. Units in this development range from one to three bedrooms and feature cathedral ceilings, gourmet kitchens and in-suite laundry facilities. The development also has a communal garden, bike storage and underground parking.

Another option in this price range is Corazon, a boutique property in Victoria's charming Cook Street Village. Corazon units feature spacious floor plans, quality finishes and balconies with stunning views of the surrounding area. In-building amenities include secure underground parking and a rooftop terrace with BBQ area.

For those looking for a more affordable option, the Astoria is a luxury hotel in the heart of downtown Victoria. Astoria units range from studios to two bedrooms and feature functional floor plans, large windows and private laundry facilities. The building also features a fitness center, sauna and hot tub.

These are just a few of his $400,000 to $500,000 housing options in Victoria, British Columbia. Other popular properties in this price range are Janion, Union and Angkor.

When buying a condo in Victoria, it's important to work with a knowledgeable real estate agent to guide you through the process and help you find the perfect home for your needs and budget. Agents can help narrow down your search based on factors like location, amenities, and price, and even help you navigate the complicated process of buying a condo in Victoria.

All in all, with stunning natural beauty, a vibrant arts and culture scene, and an exceptional quality of life, Victoria is a city that really has it all. Whether you're a first-time homebuyer, a downsizer, or an investor, there are plenty of great condos in this desirable city. 

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.