2 days on Market

5 ERSKINE LANE, View Royal, British Columbia V8Z1R7

Detached
-
-
~1 sqft
$4,959,000
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Detached
-
-
~1 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$4,959,000/sqft

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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:39198)


Property Details

StyleHouse
ViewCity view, Mountain view
Age of property1960
SqFt~1 SqFt
Lot Size-
Parking Spaces10
MLS ®Number1022122
Community NameView Royal
Data SourceCREA
Listing bySutton Group West Coast Realty

Features

Heating: Forced air, Oil, Wood

Main level Floor

Entrance

1 x 1


Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Jan 6, 2026
ListedActive
$4,959,000
2 days on market
history photo preview27
Listing by crea®
Property listed by Sutton Group West Coast Realty, Brokerage
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Population and Demographics

Overview

Total population 11061
Average household income $130,267

Age (%)

0 to 19
19%
20 to 34
18%
35 to 49
21%
50 to 64
22%
65 and plus
20%

Household composition (%)

Single family
64%
Single person
29%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
89%
Others
5%
French
2%
Punjabi (Panjabi)
2%
Spanish
1%

House tenancy (%)

Owners
68%
Renters
32%

What’s nearby?Essentials within 5 km

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