5 Erskine Lane, View Royal
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:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$21,017
Zoning
Unknown
Parcel Number
018-361-803
Data Source
Victoria Real Estate Board
Lot Size
1.08 acres
View
City view, Mountain view
Lot Features
$4,959,000
Office
Sutton Group West Coast Realty
Loan Amount:
$3,967,200
Estimated Monthly Payment:
$19,333
This is an estimate for informational purposes only. Consult with a financial advisor.
Explore Neighborhoods in View Royal
Similar Listings

$4,959,000
5 Erskine Lane
View Royal
House

$2,385,000
41 Tovey Cres
View Royal
House

$1,999,000
6 Werra Landing
View Royal
House

$1,975,000
107 Parsons Rd
View Royal
House