$4,959,000
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5 Erskine Lane, View Royal

View Royal, BC V8Z 1R7
MLS® 1022122
1
Sq Ft
1960
Year Built
101
Days on Market

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 Details

Property Type Residential
Property Sub Type Single Family Detached
Listing ID 1022122
Status Active
City View Royal
Area View Royal
Sub-Area VR Hospital
Postal Code V8Z 1R7
Property Taxes $21,017.24 (2025)
Garage Spaces 2
Parking Total 10
Zoning A-3
Facing East
Water Municipal
Sewer Septic System
Heating Forced Air,Oil,Wood
Construction Concrete,Stucco,Wood
Roof Fibreglass Shingle
Foundation Poured Concrete
Basement None
Laundry None
Listed Date Jan 6, 2026
Ownership Freehold
Lot Size 1.08 acres

Rooms

Room Level Dimensions Description
Entrance Main level 1 ft x 1 ft

Building Details

Heating Forced air
Heating Fuel Oil, Wood
Stories -1
Total Finished 1 sqft

Additional Information

Features Acreage, Cul-de-sac, Southern exposure, Other, Pie
View City view, Mountain view
Land Size 1.08 ac
Land Access Road access
Building Type House
Interior Size 1 sqft
Transaction For sale

Location