5 Erskine Lane, View Royal
VR Hospital · Unimproved Land · MLS® 1021973 · Listed Dec 16, 2025
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 | Unimproved Land |
| Lot Size | 47,254 sqft (1.08 acres) |
| Lot Features | Central Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure |
| Water | Municipal |
| Sewer | Sewer Available |
| Taxes | $20,176.62 (2026) |
| MLS® # | 1021973 |
| Brokerage | Sutton Group West Coast Realty |
Similar properties sold within 6 months
Hospital all property types averages, updated daily. See Hospital market stats or View Royal market stats.
It is listed at $4,959,000.
The lot is 47,254 sqft (1.08 acres).
View Royal is currently a seller's market: median sold price $825,000, 3.8 months of inventory, homes typically selling in about 35 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 8, 2026.
