$5,559,000
About this Land
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!
Lot Features Of 5 Erskine, Hospital, View Royal
Acreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
Listed by Sutton Group West Coast .
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for Realtors for your convenience.
Disclaimer: 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.
Features
- MLS®: 945370
- Type: Land
- Bedrooms: 0
- Bathrooms: 0
- Lot Size: 47,254 sqft
- Taxes: $4,807 (2022)
- Parking: 4
