
Vacant Land For Sale
$4,959,000
MLS® Number: 1021973
Land Size
1.08
Vacant Land For Sale
$4,959,000
Land Size
1.08
5 Erskine Lane, View Royal, British Columbia
About This Property
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!
Property Details
Land & Location
City Region
Hospital
Lot Features
Central location, Cul-de-sac, Southern exposure, Other, Pie
Lot Size Area
1.08 acres
Lot Size Dimensions
1.08
Parcel Number
018-361-803
Postal Code
V8Z1R7
View
City view, Mountain view
Listing & Financials
Listing Office
Sutton Group West Coast Realty
Originating System Name
Victoria Real Estate Board
Other Specifications
Co List Agent National Association Id2
1031221
Co List Office National Association Id2
1006616
Common Interest
Freehold
Country
Canada
Listed By
Sutton Group West Coast Realty
Mortgage Calculator
Estimated Monthly Payment
$24,362
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$24,362
Principal and interest only. Actual rates may vary.