5 Erskine Lane

Unimproved Land For Sale in VR Hospital, View Royal

$5,299,980
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!
Address 5 Erskine Lane
List Price $5,299,980
Property Type Commercial Sale
Type of Dwelling Unimproved Land
Area View Royal
Sub-Area VR Hospital
Lot Size 47254 Sq. Ft.
Lot Size Acres 1.08 Ac.
MLS® Number 965379
Listing Brokerage Sutton Group West Coast Realty
Postal Code V8Z 1R7
Tax Amount $14,280
Tax Year 2023
Amenities Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure

Request More Info or a Showing

Alexandrite Real Estate Ltd.

203-26 Bastion Sq Victoria BC, Canada V8W 1H9

Office: 250 361-1939

Email Directly