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$4,699,980
1048937 MLS
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!

5 Erskine Lane, View Royal

Courtesy of Sutton Group West Coast Realty

$740,000
1 Beds ⋅ 1 Baths ⋅ 1047827 MLS
A rare opportunity to acquire nearly an acre of land with excellent street frontage and significant development potential. This 0.97-acre property offers the ideal setting for a future development, with zoning that allows for Small-Scale Multi-Unit Housing (SSMUH) and the potential for multiple units. Surrounded by mature trees and overlooking the stream below, a future development could offer a private, natural setting that is increasingly hard to find. The existing 826 sq.ft., 1-bedroom, 1-bathroom home is livable and provides an excellent option to generate rental income while you plan and explore your development vision. Whether you're a builder, investor or developer, this is a property where the land is the real opportunity. Buyer to verify zoning, development potential, permitted uses and requirements with the applicable authorities.

205 Atkins Rd, View Royal

Courtesy of RE/MAX Camosun

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