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5541 BAY BOULEVARD UNIT 550

Condo/Co-op For Sale
$165,000

BTC: 2.13454075

ETH: 67.37443855

8 days
3 bds
2 ba
1,175 sqft

Overview

GREAT VIEW FROM 5TH FLOOR NICE CONDO! 3 Bedroom, 2 Bath. Take the Elevator to the 5th Floor Condo in Royal Richey Village 2 Condominium. This 3 Bedroom and 2 Bathroom Condo has Laminate 3 flooring through out. Living room/Dining room combo with ceiling fan, newly painted and a great area for entertaining. Master Bedroom has a walk-in closet 6X8 and Master Bathroom with shower and tub. Second and Third Bedrooms have nice size closets and share second full Bathroom in hallway. Kitchen has a lot of storage with counter tops, desk and a pantry/closet around the corner. The balcony overlook a wooded area and is quiet for relaxing. The AC compressor was replaced in 2018. Roof and Painting outside is maintained by the Association. The Laundry area is on the first floor of this building. Community Clubhouse/Pool and additional Laundry. Shopping, Restaurants and Medical facilities are close by. Area Beaches and Werner Boyce Salt Spring is within driving distance.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1980
Lot:
0.02 Acres
Heating:
Central / Electric
Price/sqft:
$140
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$146,500
$111K – $174K
Confidence Low
List vs. estimate
$18K above estimate
List $165,000 · +12.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$140
+7.1% vs. city median $131
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,962
2025
Pool
In Ground
View
Garden, Trees/Woods
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Balcony / Private Mailbox / Rain Gutters

    Lot

    • Lot: 0.02 Acres

    Other Property Information

    • Parcel Number: 162529078.A00C.00550.0

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $1,962

  • Source details

    • MLS ID: TB8541466

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: City Lot / Near Public Transit / Sidewalk

    • Patio And Porch Features: Covered / Porch

    • Pool Features: In Ground

    • Window Features: Aluminum Frames

    • Direction Faces: West

    • Living Area: 1175

    • Water Source: Public

    • Subdivision Name: ROYAL RICHEY VILLAGE CONDO 02

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY INC