5 Erskine Lane, View Royal, BC

$5,299,980

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1.08

Acres

About 5 Erskine Lane

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!

Features of 5 Erskine Lane

MLS® # 965379
Price $5,299,980
Acres 1.08
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 5 Erskine Lane
Area VR Hospital
City View Royal
County Capital Regional District
Province BC
Postal Code V8Z 1R7

Amenities

Utilities Cable Available, Electricity Available, Garbage, Phone Available, Recycling
View City, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed May 29th, 2024
Days on Market 184
Zoning A-3

Listing Details

OfficeSutton Group West Coast Realty

Listing Map

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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.