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:67197)

Price

$4,699,980

Property Type

Single Family

Transaction Type

For sale

Parking

10

MLS® Number

1048937

Interior Size

1 sqft

Year Built

1960

Ownership Type

Freehold

Building Type

House

Bathrooms

0

Cooling

None

Fireplace

No

Heating Fuel

Oil, Wood

Heating

Forced air

Interior Size

1 sqft

Year Built

1960

Size Total

1.08 ac

Acreage

Yes

• Acreage
• Cul-de-sac
• Southern exposure
• Other
• Pie

Ownership Type

Freehold

Zoning Type

Unknown