5 Erskine Lane, View Royal, BC V8Z 1R7

$4,959,000
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Courtesy of Sutton Group West Coast Realty

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List Price
$4,959,000
Status
ACTIVE
MLS®
1021973
Property Type
Commercial
Acres
1.08
Lot Size
47,254
District
View Royal
Neighbourhood
Vr Hospital
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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!

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Additional Information

Lot Features
Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure
Parking Type
On Site
Taxes
$20,176
Rentals Allowed
Unrestricted
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