Arun Rahul Group

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5 Erskine Lane, View Royal
5 Erskine Lane, View Royal
5 Erskine Lane, View Royal
5 Erskine Lane, View Royal
5 Erskine Lane, View Royal
+5 more

5 Erskine Lane, View Royal, British Columbia

$4,699,980
0.0
Baths
1
Square feet
1.0800
Acres

About 5 Erskine Lane

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:66920)

Key Features

  • Acreage
  • Cul-de-sac
  • Southern exposure
  • Other
  • Pie
  • City view
  • Mountain view
  • Detached Garage
  • Garage
  • Carport
  • RV
  • Forced air
  • Oil
  • Wood
  • None
  • House
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

Payment Calculator

Estimated monthly payment
$21,980
/month · principal + interest

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Listing courtesy of Victoria Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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