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Residential Property in View Royal

$4,959,000

5 Erskine Lane
MLS® NO: 1021972

Description

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!

General

Property Type:Land
Title of Ownership:LOT B, PLAN VIP57062, SECTION 91 & 93, ESQUIMALT LAND DISTRICT, EXCEPT PLAN VIP61158, VIP61159
Taxes:$21,017
Tax Year:2025

Site Influences

Lot SqFt: 47,254
Acres: 1.08
Water: Municipal
Waste: Septic System
Zoning: A-3
Lot Features: Acreage, Cul-de-sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure

Property Details

Beds: 0
Baths: 0
Sq. Feet:
Year Built:
Property Type: Land
Municipality: View Royal

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Listed with:

Marcus Degroot - Sutton Group West Coast Realty
Phone: 250-882-0898

Robert Woodland - Sutton Group West Coast Realty
Phone: 250-507-7771 Fax: 250-479-3565

Karen Love - Sutton Group West Coast Realty
Phone: 250-727-5868

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.