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$4,959,000

5 Erskine Lane, View Royal

5 Erskine Lane, View Royal

VR Hospital · Single Family Residence · MLS® 1022122 · Listed Jan 6, 2026

1
Sqft
1.08 Acres
Lot
12
Parking
1960
Built
Overview

About This Property

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 Details

Features & Details

Property TypeSingle Family Residence
Interior1 sqft
Lot Size47,254 sqft (1.08 acres)
Lot FeaturesAcreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
Parking12 spaces (2 garage)
Year Built1960
HeatingForced Air, Oil, Wood
BasementNone
ExteriorConcrete, Stucco, Wood
RoofFibreglass Shingle
FoundationConcrete Perimeter
WaterMunicipal
SewerSeptic System
ZoningRural Residential
Taxes$20,176.62 (2026)
MLS® #1022122
BrokerageSutton Group West Coast Realty
Location

Map

Neighbourhood

Neighbourhood Scores

Property Insights

History & Activity

  • ListedDec 16, 2025MLS® 1021973$4,959,000
  • ListedDec 16, 2025MLS® 1021972$4,959,000
  • ListedFeb 7, 2025MLS® 987516$4,959,000
  • ListedFeb 7, 2025MLS® 987515$4,959,000
  • ListedMay 29, 2024MLS® 965378$5,059,000
  • ListedMay 29, 2024MLS® 965379$5,059,000
Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

hospital · single-family
$1,030,000
Median Sold
6
Months of Supply
36
Avg Days to Sell
Balanced
Market

Hospital single-family averages, updated daily. See Hospital market stats or View Royal market stats.

Questions about this property

How much is 5 Erskine Lane, View Royal listed for?

It is listed at $4,959,000.

What kind of home is 5 Erskine Lane, View Royal?

A Single Family Residence in VR Hospital, View Royal with 1 sqft, built in 1960.

Does 5 Erskine Lane, View Royal have parking?

It has 10 parking spaces.

How big is the lot at 5 Erskine Lane, View Royal?

The lot is 47,254 sqft (1.08 acres).

What is the View Royal real estate market like now?

View Royal is currently a balanced market: median sold price $1,030,000, 6 months of inventory, homes typically selling in about 36 days.

What other houses are for sale in Hospital?

There are 8 houses for sale in Hospital right now. Browse all Hospital houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Hospital?

The median house sold price in Hospital is $1,030,000, based on 25 sales over the past 12 months. The median price per square foot is $526. Compare asking prices across the houses currently for sale in Hospital.

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VREB · Victoria Real Estate Board

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.