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 |
$5,559,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Unimproved Land |
| Area |
View Royal |
| Sub-Area |
VR Hospital |
| Lot Size |
47254 Sq. Ft. |
| MLS® Number |
945454 |
| Listing Brokerage |
Sutton Group West Coast Realty
|
| Postal Code |
V8Z 1R7 |
| Tax Amount |
$4,807 |
| Tax Year |
2022 |
| Amenities |
Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure |
