5 Erskine Lane, View Royal, BC V8Z 1R7

$4,959,000
1
SqFt

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Courtesy of Sutton Group West Coast Realty

List Price
$4,959,000
Status
ACTIVE
MLS®
1022122
Property Type
Single Family Residential
Year Built
1960
Style
2 Storey-Main Lev Ent
Living Area
1
Acres
1.08
Lot Size
47,254
District
View Royal
Neighbourhood
Vr Hospital

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!

Additional Information

Layout
Main Level Entry with Upper Level(s)
Lot Features
Acreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
Heating
Forced Air, Oil, Wood
Roof
Fibreglass Shingle
Parking Spaces
10
Parking Type
Carport, Detached, Driveway, Garage Double, RV Access/Parking
Laundry Feature
None
Taxes
$20,176
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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