5 Erskine Lane
View Royal, British Columbia
MLS® 1048940
$4,699,980
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1048940
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 27Listing 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!
Property summary
- MLS® number
- 1048940
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 1.08 acres
- Annual property taxes
- $20,176.62
- Days on market
- 12 days
Features & details
- Lot features
- Central location, Cul-de-sac, Southern exposure, Other, Pie
- View
- City view, Mountain view
What would this home cost you?
Based on the $4,699,980 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Sutton Group West Coast Realty, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.