Address
5 Erskine Lane, View Royal, BC
Price
$ 4,699,980
Property Attributes
  • ID#1048937
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityView Royal
  • CityView Royal
  • AreaView Royal
  • NeighbourhoodHospital
  • Postal CodeV8Z 1R7
  • Style
  • Year Built1960
  • Price$ 4,699,980
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1
  • Lot Size1.08 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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:7434)

General Features

Features Acreage, Cul-de-sac, Southern exposure, Other, Pie
Property Type Single Family
Zoning Description A-3
ZoningType Unknown
Neighbourhood Hospital
Building Cooling Type None
Parking Space Total 10
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Oil, Wood
Living Area Range 1

Exterior Features

ViewType City view, Mountain view

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V8Z 1R7

Price
AVG $4.83M
$4.7M
Year Built
AVG 1960
1960

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