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5 Erskine Lane
VR Hospital View Royal V8Z 1R7

$5,299,980
Residential beds: 0 baths: 0.0

Aerial view of 5 Erskine Lane with approximate boundary highlighted.
Photo 1: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 2: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 3: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 4: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 5: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 6: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 7: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 8: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 9: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 10: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 11: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 12: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 13: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 14: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 15: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 16: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 17: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 18: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 19: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 20: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 21: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 22: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 23: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 24: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 25: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Photo 26: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
Status:
Active
Prop. Type:
Residential
MLS® Num:
965378
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
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
VR Hospital, View Royal
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
1.085 acre(s)
Kitchens:
0
Taxes:
New Construction:
No
Electricity:
Yes
Ceiling Heights:
Commercial Area:
# 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
Pending Date:
City, Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of View Royal (SD61)
Legal Description:
Zoning:
A-3
Units in Building:
Units in Community:
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
Total Units:
Date Listed:
May 29, 2024
Original Price:
5299980.0
  • Photo 1: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial view of 5 Erskine Lane with approximate boundary highlighted.
  • Photo 2: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial view showing adjacency to Victoria General Hospital (top) andHelmcken interchange (right).
  • Photo 3: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View Royal Official Community Plan Land Use Designation map.
  • Photo 4: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View of 5 Erskine Lane from the southeast.
  • Photo 5: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View of site from the east.
  • Photo 6: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View from northeast - building materials along lot line.
  • Photo 7: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View from the south showing adjacent development on Erskine Lane (left) & VGH precinct (right).
  • Photo 8: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Southeast view from site toward Portage Inlet.
  • Photo 9: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial showing southerly views toward Esquimalt Harbour & Olympic Mountains.
  • Photo 10: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial showing southwesterly views toward Sooke Hills.
  • Photo 11: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Highway 1 looking west - access via Helmcken Interchange.
  • Photo 12: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View to southeast showing Helmcken Interchange on Highway 1.
  • Photo 13: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial view with building materials on 7 Erskine Lane.
  • Photo 14: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Aerial view of site showing both rental houses.
  • Photo 15: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View of site showing the 2 rental houses (right) & building materials at 7 Erskine Lane (left).
  • Photo 16: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    View of south rental house on site.
  • Photo 17: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Rental house on south side of property.
  • Photo 18: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Galloping Goose Trail passes below south boundary of the property.
  • Photo 19: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Victoria General Hospital is a major employment centre adjacent to the site.
  • Photo 20: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Eagle Creek Village provides shopping and services within walking distance.
  • Photo 21: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Eagle Creek Village Community Centre.
  • Photo 22: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Nearby View Royal park.
  • Photo 23: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Galloping Goose Trail near Thetis Lake Park.
  • Photo 24: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Galloping Goose Trail heading east toward Victoria.
  • Photo 25: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Nearby Highland Pacific Golf Course.
  • Photo 26: 5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 965378
    Nearby Portage Inlet is great for paddling sports.

Virtual Tour

Listed by Sutton Group West Coast Realty
Data was last updated November 14, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$765,000
Min list price:
$358,800
Max list price:
$5,299,980
Avg days on market:
35
Min days on market:
2
Max days on market:
169
Avg price per sq.ft.:
$629.47
These statistics are generated based on the current listing's property type and located in VR Hospital. Average values are derived using median calculations.
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.