5 Erskine Lane, View Royal

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MLS® 987516 5 Erskine Lane, View Royal, British Columbia $5,059,000

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Attention Developers! We’re pleased to offer the last large development site for sale on Erskine Lane that’s perched high at the end of the road with southerly views overlooking View Royal to the Olympic Mountains. This 47,000 square foot property is designated “Intensive Mixed Use” in the View Royal Official Community Plan, which foresees commercial and residential uses in buildings up to 5 Storeys with a maximum 2.5:1.0 FSR. This site enjoys the best location and outlook for exclusive ocean view apartments on every level. Municipal infrastructure upgrades are underway to service similar development projects on Erskine Lane. Two rental houses provide holding income while development plans are formulated. Don’t miss this exciting opportunity to build a true landmark building in View Royal! Please DO NOT walk the property without a confirmed appointment! (id:24212)

Full Address:: 5 Erskine Lane, View Royal, British Columbia
Price:: $ 5,059,000
MLS Number:: 987516
List Date:: February 8th, 2025
Neighbourhood:: Hospital
Lot Size:: 1.08 ac
Taxes:: $ 19,879
Ownership Type:: Freehold

Property Specifications

Interior Features

Zoning:: Unknown

Building Features

Floors

View:: City view, Mountain view
Lot Size:: 1.08 ac
Lot Features:: Central location, Cul-de-sac, Southern exposure, Other, Pie

Land

Neighbourhood Features

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Agent: Karen LoveBrokerage: Sutton Group West Coast Realty Phone: 250-727-5868

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Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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Brad specializes in Residential Real Estate and Luxury Home Marketing in Victoria, BC with extensive experience in houses, condominiums, townhouses, and strata duplexes. He has also assisted clients with commercial sales, including development properties, triplex investments, and commercial buildings.

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Trusted listings from REALTOR® Agents. The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Multiple Listing Service (MLS) trademark®. The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy