5 Erskine Lane | $5,559,000
Cynthia Werbik Agent Photo
Cynthia
Werbik
Pemberton Holmes - Oak Bay
2000 Oak Bay Ave
Victoria, BC
Canada V8R 1E4

Details

%
Years (35 year max)
Years



Address 5 Erskine Lane
AreaView Royal
Sub AreaHospital
State/ProvinceBritish Columbia
CountryCanada
Price$5,559,000
Property TypeLand
Lot Size47254.00 Square Feet
WaterfrontNo
Taxes $4,807
Tax Year2022
MLS® #945454

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!


Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.


Listed by Sutton Group West Coast Realty


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