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Residential Property in View Royal

$4,959,000 - ML# 1022122
5 Erskine Lane
View Royal - VR Hospital

This is only a guide. Please verify this information with your mortgage specialist.

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!

Real Estate Type:
Single Family Detached 
Layout:
Main Level Entry with Upper Level(s) 
Bedroom(s):
0 
Bathroom(s):
0 
Finished Sq. Ft.:
1 
Unfinished Sq. Ft.:
0 
Taxes:
$21,017.24 (2025) 
Year Built:
1960 
Elementary School:
 
Junior School:
 
Senior School:
 

Interior Details

Main Level:
 
Fireplace(s):
0 
Bedroom(s):
0 
Bathroom(s):
0 
Basement Height:
ft - in
Basement Description:
None 
Interior Features:
 
Appliances Included:
 

Building Details

Building Style:
 
Building Warranty:
 
Accessibility:
 
Materials:
Concrete,Stucco,Wood 
Exterior Finish:
 
Foundation:
Poured Concrete 
Roof:
Fibreglass Shingle 
Heat/Air:
Forced Air,Oil,Wood 
Fuel:
 
Leased Equip:
 
Exterior Features:
 
Faces:
East (front) - (rear) 

Lot Information

SqFt:
47254 
Acres:
1.08 
Frontage:
 
Depth:
 
Lot Shape:
 
Water:
Municipal 
Waste:
Septic System 
Zoning:
A-3 
Parking Spaces:
 
Driveway:
 
Parking Type:
Carport,Detached,Driveway,Garage Double,RV Access/Parking 
Lot Features:
Acreage,Cul-de-sac,Easy Access,Pie Shaped Lot,Serviced,Southern Exposure 

Room Dimensions

Room Name Level 1Level 2Level 3Level 4Level 5Other
Sq. Ft 1.000.000.000.000.00
Entrance1x1
Unfinished Rooms

Listed with:

Sutton Group West Coast Realty
Phone: 250-882-0898 / Fax:

Sutton Group West Coast Realty
Phone: 250-507-7771 / Fax: 250-479-3565

Sutton Group West Coast Realty
Phone: 250-727-5868 / Fax:

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NOTE: 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.