All Listings in Victoria, BC
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 965379
- Photos (26)
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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:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- VR Hospital, View Royal
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.085 acre(s)
- Taxes:
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- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Fireplace:
- No
- Pending Date:
- Signup
- City, Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Utilities:
- Cable Available, Electricity Available, Garbage, Phone Available, Recycling
- Lot Site Features:
- Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure
- Parking Features:
- On Site
- Total Units:
- Signup
- Date Listed:
- May 29, 2024
- Original Price:
- 5299980.0
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View of site showing the 2 rental houses (right) & building materials at 7 Erskine Lane (left). -
Aerial view of 5 Erskine Lane with approximate boundary highlighted.
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Aerial view showing adjacency to Victoria General Hospital and Helmcken interchange.
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View Royal Official Community Plan Land Use Designation map.
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View of 5 Erskine Lane from the southeast.
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View from northeast - building materials along lot line.
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View of site from the east.
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View from the south showing adjacent development on Erskine Lane (left) & VGH precinct (right).
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Southeast view from site toward Portage Inlet.
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Aerial showing southerly views toward Esquimalt Harbour & Olympic Mountains.
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Aerial showing southwesterly views toward Sooke Hills.
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Highway 1 looking west - access via Helmcken Interchange.
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View to southeast showing Helmcken Interchange on Highway 1.
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Aerial view of site showing both rental houses.
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Aerial view with building materials on 7 Erskine Lane.
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View of south rental house on site.
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Rental house on south side of property.
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Galloping Goose Trail passes below south boundary of the property.
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Victoria General Hospital is a major employment centre adjacent to the site.
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Eagle Creek Village provides shopping and services within walking distance.
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Eagle Creek Village Community Centre.
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Nearby View Royal park.
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Galloping Goose Trail heading east toward Victoria.
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Galloping Goose Trail near Thetis Lake Park.
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Nearby Highland Pacific Golf Course.
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Nearby Portage Inlet is great for paddling sports.
Virtual Tour
Listed by Sutton Group West Coast Realty
Data was last updated January 8, 2025 at 10:05 AM (UTC)
- KOMAL DODD
- SUTTON GROUP WEST COAST REALTY
- 1 (250) 479-3333
- Contact by Email
- KARN DODD
- SUTTON GROUP WEST COAST REALTY
- 1 (250) 479-3333
- Contact by Email
