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- $5.6M Price
- 1.08 Acres
- 206 DOM
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5 Erskine Lane
– $5,559,000
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!
Essential Information
- MLS® #945454
- Price$5,559,000
- Bathrooms0
- Acres1.08
- TypeCommercial Sale
- Sub-TypeUnimproved Land
- StatusActive
- Taxes$4,807
- Tax Year2022
Community Information
- Address5 Erskine Lane
- AreaVR Hospital
- CityView Royal
- CountyCapital Regional District
- ProvinceBC
- Postal CodeV8Z 1R7
Amenities
- ViewCity, Mountain(s)
Utilities
Cable Available, Electricity Available, Garbage, Phone Available, Recycling
Additional Information
- Listing OfficeSutton Group West Coast Realty
- Days on Market206
- ZoningA-3
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.