5 Erskine Lane View Royal, British Columbia V8Z 1R7

$4,959,000

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! (id:46156)

Property Details

MLS® Number	1022122
Property Type	Single Family
Neigbourhood	Hospital
Features	Acreage, Cul-de-sac, Southern Exposure, Other, Pie
Parking Space Total	10
Plan	Vip57062
View Type	City View, Mountain View

Building

Constructed Date	1960
Cooling Type	None
Heating Fuel	Oil, Wood
Heating Type	Forced Air
Size Interior	1 Ft2
Total Finished Area	1 Sqft
Type	House

Land

Access Type	Road Access
Acreage	Yes
Size Irregular	1.08
Size Total	1.08 Ac
Size Total Text	1.08 Ac
Zoning Description	A-3
Zoning Type	Unknown

Rooms

Level	Type	Length	Width	Dimensions

https://www.realtor.ca/real-estate/29221840/5-erskine-lane-view-royal-hospital