- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 945454
- Photos (27)
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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!
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- VR Hospital, View Royal
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.085 acre(s)
- Taxes:
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- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Fireplace:
- No
- Pending Date:
- Signup
- City, Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Utilities:
- Cable Available, Electricity Available, Garbage, Phone Available, Recycling
- Lot Site Features:
- Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Oct 04, 2023
- Original Price:
- 5559000.0
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View of 5 Erskine Lane from thesoutheast. -
Aerial view of property withapproximate boundary highlighted.
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Aerial view showing adjacency toVictoria General Hospital andHelmcken interchage.
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Aerial view of site showing bothrental houses.
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Aerial view with building materialson 7 Erskine Lane.
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View from northeast - buildingmaterials along lot line.
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Aerial showing southerly viewstoward Esquimalt Harbour &Olympic Mountains.
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View of site from the east.
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Aerial showing southwesterlyviews toward Sooke Hills.
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Highway 1 looking west - accessvia Helmcken Interchange.
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View from the south showingadjacent development on ErskineLane (left) & VGH precinct (right).
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View of south rental house on site.
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View of site showing the 2 rentalhouses (right) & building materialsat 7 Erskine Lane (left).
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Rental house on south side ofproperty.
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View to southeast showingHelmcken Interchange on Highway1.
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Southeast view from site towardPortage Inlet.
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View of property looking southeast.
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Plan VIP61159 - "Remainder B VIP57062" is the subject property.
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View Royal Official Community Plan Land Use Designation map.
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Victoria General Hospital is a majoremployment centre adjacent to thesite.
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Eagle Creek Village providesshopping and services withinwalking distance.
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Eagle Creek Village CommunityCentre.
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Nearby View Royal park.
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Galloping Goose Trail passes belowsouth boundary of the property.
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Galloping Goose Cycle Trail &nearby park.
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Nearby Highland Pacific GolfCourse.
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Nearby Portage Inlet is great forpaddling sports.
Virtual Tour
Listed by Sutton Group West Coast Realty
Data was last updated December 9, 2023 at 12:05 PM (UTC)
- LORENDA SIMMS PREC*
- SUTTON GROUP - WEST COAST REALTY 103-4400 Chatterton Way
- 250-479-3333
- lorendasimms@gmail.com
Office Address:
#103-4400 Chatterton Way
Victoria, BC , V8X 5J2