Active
5 Erskine Lane
View Royal BC, V8Z 1R7
$5,299,980
Active
Commercial
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!
965379
MLSⓇ ID
May 29, 2024
Listed
August 23, 2024
Updated
Map
5 Erskine Lane
View Royal BC, V8Z 1R7
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.08 Acres
Lot Features
Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure
Sewer
Sewer Available
Other Property Details
Area Name
View Royal
Taxes
$14,280
Tax Frequency
Annually
Days on Market
35
Garage
No
Parking
On Site
View
Yes
View Description
City, Mountain(s)
County
Capital Regional District
Water Source
Municipal
Pool
No
Zoning
A-3
Courtesy of Sutton Group West Coast Realty, Karen Love
Listing Contact: 250-727-5868
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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sarah Binab shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.
