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$5,299,980 · Huge View Royal/VGH Development Site – Intensive Mixed -Use Zoning

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  • Square Footage47254

Residential MLS® 965378 – Commercial MLS® 965379 - $5,299,980 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! View video here: https://vimeo.com/873438746/6f6c3c8fe1?h=6f6c3c8fe1 Karen Love Personal Real Estate Corporation (250) 727-5868 | Karen@KarenLove.com | Sutton Group West Coast Realty Marcus DeGroot (250) 882-0898 | Marcus@KarenLove.com | Sutton Group West Coast Realty Robert Woodland (250) 507-7771 | Robert@KarenLove.com | Sutton Group West Coast Realty

Ad #
40370402
Posted
October 13, 2023
Renewed
November 27, 2024
Expiry
December 27, 2024
Status
NOT SOLD
Details
Commercial Seller
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