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Residential Property in View Royal

$5,059,000 - ML# 987515
5 Erskine Lane
View Royal - VR Hospital

This is only a guide. Please verify this information with your mortgage specialist.

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!

Real Estate Type:
Land 
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Taxes:
$21,017.24 (2025) 
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Building Details

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Lot Information

SqFt:
47254 
Acres:
1.08 
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Water:
Municipal 
Waste:
Septic System 
Zoning:
A-3 
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Lot Features:
Acreage,Cul-de-sac,Easy Access,Pie Shaped Lot,Serviced,Southern Exposure 

Listed with:

Sutton Group West Coast Realty
Phone: 250-727-5868 / Fax:

Sutton Group West Coast Realty
Phone: 250-507-7771 / Fax: 250-479-3565

Sutton Group West Coast Realty
Phone: 250-882-0898 / Fax:

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.