C$4,699,980

5 Erskine Lane, View Royal BC, V8Z 1R7

Price per sqftC$4,699,980.00

Built in1960

Property size1 sqft

Property typeResidential

Courtesy of Sutton Group West Coast Realty

Overview

Active

Listed Sep 10, 2026

Updated 4 weeks ago

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!

Additional information

MLS^® ID: 1048937

Interior Features

Bedrooms: 0
Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.08 Acres

Other Property Details

Taxes: $20,177
Tax Frequency: Annually
Garage: Yes
View: Yes
Pets Allowed: Yes

Courtesy of Sutton Group West Coast Realty, Marcus Degroot

Listing Contact: 250-882-0898

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Cochrane shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program