Acreage
5 Erskine Lane
Hospital, View Royal, BC
MLS® 1022122 · 246 days on market
$4,699,980
1.1 acres
0 bed · 0 bath · 1 sqft
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:63159)
Property Details
Property & Lot
- Sub-type
- House
- Year built
- 1960
- Lot size
- 1.1 acres
- Zoning
- Unknown — A-3
- Title
- Freehold
Interior
- Heating
- Forced air, Oil, Wood
- Cooling / A/C
- None
Exterior & Land
- View
- City view, Mountain view
- Lot features
- Acreage, Cul-de-sac, Southern exposure, Other, Pie
Building & Utilities
- Parking spaces
- 10
- Parcel ID (PID)
- 018-361-803
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Entrance | Main level | — |
- Annual property tax
- $20,176.62
- Brokerage
- Sutton Group West Coast Realty
Location Insights
Population
11,575
(2021 Census)
+11.2% since 2016
- Density
- 807.7/km²
- Dwellings
- 5,175
- Median household income
- $98,000
- After-tax
- $86,000
- Immigrant population
- 18.4%
Top countries of origin
- United Kingdom3.5% · 400
- India2.5% · 290
- Philippines1.3% · 145
- United States of America1% · 120
- China1% · 115
- Germany0.6% · 65
- Pakistan0.5% · 55
- Hong Kong0.4% · 45
Source: Statistics Canada, 2021 Census of Population.
Weather
Nearest station: Esquimalt
14°C
—
Humidity 87%
Wind SSW 12 km/h
Today
21°
Tonight
12°
Thursday
19°
Thursday night
12°
Friday
16°
Friday night
11°
Source: Environment and Climate Change Canada.
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