View Royal · Commercial Sale · MLS® 1021973

5 Erskine Lane, View Royal

$4,959,000
217Days on Market

About this property

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!

Features & details

DDF Property Type Vacant Land
View City view, Mountain view
Land Size 47,045 sq ft (1.08 acres)
Feature Central location
Feature Cul-de-sac
Feature Southern exposure
Feature Other
Feature Pie
Property Type Unimproved Land
Water Source Municipal
Sewer Sewer Available
Zoning A-3

Location

Brokerage Listed by Sutton Group West Coast Realty. Information is deemed reliable but not guaranteed.

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