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!
Details
Updated on October 16, 2023 at 7:42 pm- Property ID: 258342
- Price: $5,559,000
- Land Area: 1.08 Acres
- Garages: 4
- Property Type: Land
- Property Status: For Sale
- MLS#: 945370
- Office Name: SUTTON GROUP WEST COAST REALTY
- Agent Name: Marcus Degroot
- MLS Status: Active
- District: Capital Regional District
- Land Size: 47254.00
Additional details
- List Date: 2023-10-04
- List Office MLSID: 136
- List Agent MLSID: 4790
- Property Type: Residential
- Tax Annual Amount: 4807.00
- Tax Assessed Value: 3586700
- Tax Assessed Year: 2023
- Tax Book Number: 7000002
- Tax Jurisdiction: Town of View Royal (SD61)
- Tax Legal Description: LOT B, SECTIONS 91 AND 93, ESQUIMALT DISTRICT, PLAN VIP57062 EXCEPT THOSE PARTS INCLUDED IN PLANS VIP61158 AND VIP61159
- Tax Year: 2022
- Lot Features: Acreage,Cul-de-sac,Easy Access,Pie Shaped Lot,Serviced,Southern Exposure
- Zoning Description: A-3
- Sewer: Septic System
- Water Source: Municipal
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Owners Insurance
