5 Erskine Ln

For Sale 211 Days
$5,059,000
1.08 Acre

5 Erskine Ln

For Sale 211 Days
$5,059,000
1.08 Acre

Highlights

Key insights

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!

Karen Love of Sutton Group West Coast Realty,
MLS®#987515
updated 4 weeks ago.
Houseful checked MLS® for data 4 weeks ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Septic system
  • Utilities
    Cable available, electricity available, phone available
Exterior
  • # parking spaces
    4
Interior
  • # total bathrooms
    0.0
  • Has fireplace (y/n)
    No
Location
  • County
    Capital regional district
  • Area
    View royal
  • View
    City, mountain(s)
  • Water source
    Municipal
  • Zoning description
    Rural residential
  • Directions
    5049
Lot/ Land Details
  • Lot desc
    Acreage, cul-de-sac, easy access, pie shaped lot, serviced, southern exposure
Overview
  • Lot size (acres)
    1.08
  • Mls® #
    987515
  • Property sub type
    Residential
  • Status
    Active
  • Virtual tour
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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