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
$5,059,000
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
987516
Listing Brokerage
Sutton Group West Coast Realty
Postal Code
V8Z 1R7
Tax Amount
$19,878.67
Tax Year
2024
Amenities
Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure