5 Erskine Lane, View Royal, British Columbia V8Z1R7

Listing courtesy of Sutton Group West Coast Realty.

$4,959,000
1
SqFt

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List Price
$4,959,000
MLS®
1022122
Days on Market
204
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Living Area
1
Lot Size Dimensions
1.08
Lot Size
47,044
Subdivision
Hospital

Property 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! (id:5764)

Additional Information

Ownership
Freehold
View
City view, Mountain view
Subdivision
Hospital
Zoning
Unknown
Parking Spaces
10
Cooling
None
Country
Canada
Heating
Forced air, Oil, Wood
Lot Features
Acreage, Cul-de-sac, Southern exposure, Other, Pie
Lot Size
47,044

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Calculator source: Real Geeks