HomeView RoyalVR Hospital
$4,699,980New

5 Erskine Lane, View Royal

5 Erskine Lane, View Royal

VR Hospital · Unimproved Land · MLS® 1048940 · Listed Sep 10, 2026

1.08 Acres
Lot
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 TypeUnimproved Land
Lot Size47,254 sqft (1.08 acres)
Lot FeaturesCentral Location, Cul-De-Sac, Easy Access, Near Golf Course, Pie Shaped Lot, Serviced, Southern Exposure
WaterMunicipal
SewerSewer Available
Taxes$20,176.62 (2026)
MLS® #1048940
BrokerageSutton Group West Coast Realty
Location

Map

Neighbourhood

Neighbourhood Scores

Property Insights

History & Activity

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area sold data

What are homes in Hospital selling for?

66 homes sold in Hospital in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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* bd · * ba · **** sqft
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* bd · * ba · **** sqft
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*** *********, View Royal
* bd · * ba · **** sqft
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*** *********, View Royal
* bd · * ba · **** sqft
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* bd · * ba · **** sqft
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sold comparables

See what comparable homes near 5 Erskine Lane, View Royal actually sold for.

66 sales in Hospital in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.

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The local market right now

hospital · all property types
Balanced market
$820,000
Median sold
4.2
Months of supply
37
Avg days to sell

Hospital all property types 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 $4,699,980.

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 $820,000, 4.2 months of inventory, homes typically selling in about 37 days.

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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: Sep 11, 2026.