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5 Erskine Lane in View Royal: VR Hospital Single Family Residence for sale : MLS®# 1022122

5 Erskine Lane View Royal V8Z 1R7 : VR Hospital

Main Photo: 5 Erskine Lane in View Royal: VR Hospital Single Family Residence for sale : MLS®# 1022122banner
$4,959,000
Prop. Type:
Residential
MLS® Num:
1022122
Status:
Active
Year Built:
1960
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:
Existing Lease Expiry:
Living Area:
Switch units of measure1 sq. ft.
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
Taxes:
Construction:
Concrete, Stucco, Wood
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Fibreglass Shingle
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure1 sq. ft.
Total Unfinished Area:
Switch units of measure0 sq. ft.
Commercial Area:
# 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:
Switch units of measure0 sq. ft.
Living Area Main Floor:
Switch units of measure1 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
0
Laundry Features:
None
Water supply:
Municipal
Sewer:
Septic System
Cooling:
None
Heating:
Forced Air, Oil, Wood
Fireplace:
No
Pending Date:
City, Mountain(s)
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of View Royal (SD61)
Legal Description:
Zoning:
A-3
Units in Building:
Units in Community:
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:
Date Listed:
Jan 06, 2026
Original Price:
4959000.0
Listed by Sutton Group West Coast Realty
Data was last updated January 10, 2026 at 10:05 PM (UTC)
Wally Marcinkovic
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.
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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.