Address
5 Erskine Lane, View Royal, BC
Price
$ 4,699,980
Property Attributes
  • MLS#1048937
  • TypeSingle Family
  • Listing Status Active
  • CityView Royal
  • AreaView Royal
  • NeighbourhoodVR Hospital
  • Postal CodeV8Z 1R7
  • StyleSingle Family Detached
  • Year Built1960
  • Taxes$ 20176
  • Price$ 4,699,980
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1
  • Lot Size1.08 Acres
Data Source:
Victoria Real Estate Board (VREB)
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!

General Features

Living Area 1.00
Sewer Septic System
Heating Forced Air,Oil,Wood
Cooling None
Roof Fibreglass Shingle
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning A-3
Number of Garage Spaces 2
View City,Mountain(s)
Property Subtype Single Family Detached
Carport Spaces 1
Property Type Residential
Parking Total 10
Construction Materials Concrete,Stucco,Wood
Zoning Type Rural Residential

Interior Features

Basement None
Laundry Features None
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 1.00
Living Area Lower 0.00
Building Area Unfinished 0.00

Exterior Features

Lot Features Acreage,Cul-de-sac,Easy Access,Pie Shaped Lot,Serviced,Southern Exposure
Water Source Municipal
Parking Features Carport,Detached,Driveway,Garage Double,RV Access/Parking
Foundation Poured Concrete
Building Area Total 1.00
Garage Y/N Yes
Lot Size Square Feet 47254.00
Lot Size Acres 1.08
Carport YN Yes
View YN Yes
Driveway YN Yes

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
Taxes
AVG $20,176
$20,176
Year Built
AVG 1960
1960
Visits
AVG 3
4
Data Provided by Inside Real Estate®