Leading Real Estate Companies of the World
Frank Chan Frank Chan
$5,059,000 - ML# 987516
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!

Title:
Freehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Sale Price 
Possession:
Subject to Tenancy 
Possession Notes:
 
Taxes:
$21,017.24 (2025) 
Year Built:
 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
 
Building Type:
 
Accessibility:
 
Construction Foundation:
 
Exterior Finish:
 
Exterior Features:
 
Cooling:
 
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Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
47254 
Acres:
1.08 
Total SqFt:
 
Lot:
 
Lot Shape:
 
Lot Features:
Central Location,Cul-de-sac,Easy Access,Near Golf Course,Pie Shaped Lot,Serviced,Southern Exposure 
Lot Frontage:
 
Water:
Municipal 
Waste:
Sewer Available 
Parking:
 
Location Features:
Central Location,Cul-de-sac,Easy Access,Near Golf Course,Pie Shaped Lot,Serviced,Southern Exposure 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
$ 
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Listed with:

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

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

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

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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.