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5 Erskine Lane in View Royal: VR Hospital Land for sale : MLS®# 1021972

5 Erskine Lane View Royal V8Z 1R7 : VR Hospital

View of site showing the 2 rental houses (right) & building materials at 7 Erskine Lane (left)banner
$4,959,000
Prop. Type:
Residential
MLS® Num:
1021972
Status:
Active
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:
Switch units of measure1.085 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:
Dec 16, 2025
Original Price:
4959000.0
Listed by Sutton Group West Coast Realty
Data was last updated December 17, 2025 at 12:05 PM (UTC)
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.