For Sale in the past 3 days
5 Erskine Lane
View Royal
V8Z 1R7
$4,959,000
Residential
beds: 0
baths: 0.0
1 sq. ft.
built: 1960
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1022122
- Year Built:
- 1960
- 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:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1960 (Age: 66)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1 sq. ft.
- Listing General Location:
- VR Hospital, View Royal
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 1.085 acre(s)
- Kitchens:
- 0
- Taxes:
- Signup
- Construction:
- Concrete, Stucco, Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Total Building Area:
- 1 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # 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
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- None
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- None
- Heating:
- Forced Air, Oil, Wood
- Fireplace:
- No
- Pending Date:
- Signup
- City, Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- 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
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Acreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 1
- Garage Spaces:
- 2
- Garage:
- Yes
- Parking Features:
- Carport, Detached, Driveway, Garage Double, RV Access/Parking
- Total Parking Spaces:
- 10
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jan 06, 2026
- Original Price:
- 4959000.0
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Virtual Tour
Listed by Sutton Group West Coast Realty
Data was last updated January 8, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $819,000
- Min list price:
- $434,900
- Max list price:
- $4,959,000
- Avg days on market:
- 72
- Min days on market:
- 2
- Max days on market:
- 183
- Avg price per sq.ft.:
- $647.35
These statistics are generated based on the current listing's property type
and located in
VR Hospital. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Jerome Peacock
- Pemberton Holmes Real Estate
- 250-888-0326
- jerome@peacockrealestate.ca
805 Cloverdale Ave #150
Victoria, British Columbia V8X 2S9