5 Erskine Lane.

$5,299,980

Aerial view of 5 Erskine Lane with approximate boundary highlighted.

Unimproved Land located in View Royal - VR Hospital, V8Z 1R7

sqft, Beds, Baths
MLS #965379 Listed by Karen LoveSutton Group West Coast Realty
  • Listed On: May 29, 2024
  • Type: Commercial Sale
  • Lot Size: 1.08 acres
  • Parking Features: On Site,
  • Features: Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure,
  • View: Array
  • Zoning: A-3

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!

Location

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