Derek Braaten
Sutton Group West Coast Realty
Your Trusted Partner in Victoria Real Estate since 2003. Contact me at (250) 889-1454 for all your property needs.
5 Erskine Lane
View Royal
V8Z 1R7
$5,059,000
Residential
beds: 0
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 987515
- Photos (26)
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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:
- Residential
- Type:
- Land
- Listing General Location:
- VR Hospital, View Royal
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 1.085 acre(s)
- Kitchens:
- 0
- New Construction:
- No
- Electricity:
- Yes
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Septic System
- Fireplace:
- No
- City, Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- Town of View Royal (SD61)
- Zoning:
- A-3
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Land Value Only, Resale
- Utilities:
- Cable Available, Electricity Available, Phone Available
- Lot Site Features:
- Acreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Date Listed:
- Feb 07, 2025
- Original Price:
- 5059000.0
-
View of site showing the 2 rental houses (right) & building materials at 7 Erskine Lane (left) -
Aerial view of 5 Erskine Lane with approximate boundary highlighted
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Aerial view showing adjacency to Victoria General Hospital (top) and Helmcken interchange (right)
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View Royal Official Community Plan Land Use Designation map
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View of 5 Erskine Lane from the southeast
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View of site from the east
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View from northeast - building materials along lot line
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View from the south showing adjacent development on Erskine Lane (left) & VGH precinct (right)
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Southeast view from site toward Portage Inlet
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Aerial showing southerly views toward Esquimalt Harbour & Olympic Mountains
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Aerial showing southwesterly views toward Sooke Hills
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Highway 1 looking west - access via Helmcken Interchange
-
View to southeast showing Helmcken Interchange on Highway 1
-
Aerial view with building materials on 7 Erskine Lane
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Aerial view of site showing both rental houses
-
View of south rental house on site
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Rental house on south side of property
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Galloping Goose Trail passes below south boundary of the property
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Victoria General Hospital is a major employment centre adjacent to the site
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Eagle Creek Village provides shopping and services within walking distance
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Eagle Creek Village Community Centre
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Nearby View Royal park
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Galloping Goose Trail near Thetis Lake Park
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Galloping Goose Trail heading east toward Victoria
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Nearby Highland Pacific Golf Course
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Nearby Portage Inlet is great for paddling sports
Virtual Tour
Listed by Sutton Group West Coast Realty
Data was last updated February 23, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $912,500
- Min list price:
- $459,000
- Max list price:
- $5,059,000
- Avg days on market:
- 36
- Min days on market:
- 16
- Max days on market:
- 80
- Avg price per sq.ft.:
- $588.55
These statistics are generated based on the current listing's property type
and located in
VR Hospital. Average values are
derived using median calculations.
- DEREK BRAATEN
- SUTTON GROUP WEST COAST REALTY
- 1 (250) 889-1454
- Contact by Email
Quick Links
Contact Me
Direct: (250) 889-1454
Office: (250) 479-3333
derekwbraaten@icloud.com
Head Office
103-4400 Chatterton Way
Victoria, BC, V8X 5J2