5 Erskine Lane, View Royal, BC, V8Z 1R7

Vacant Land For Sale In View Royal, British Columbia

$5,299,980

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5 Erskine Lane, View Royal, BC, V8Z 1R7

$5,299,980

Property Information:

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 Features:

Bedrooms: 0
Bathrooms: 0
Annual Tax Amount: $14,280
Lot Features: Acreage, Cul-De-Sac, Easy Access, Pie Shaped Lot, Serviced, Southern Exposure
Lot Frontage: 47254 Square Feet
Lot Size: 1.08 Acres
Ownership: Freehold
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Land Value Only, Resale
Property Sub Type: Land
Road Surface Type: Paved
Utilities: Cable Available, Electricity Available, Phone Available
View: City, Mountain(s)
Water Source: Municipal
Zoning: A-3
Zoning Description:
Sewer:
No. of Parking Spaces: 4

Courtesy of: Sutton Group West Coast Realty

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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Location of 5 Erskine Lane, View Royal, BC, V8Z 1R7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 5 Erskine Lane , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.5℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

86/100

High

ClimateCheck®

Current data

This property, 5 Erskine Lane , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past

494.1mm

2050

567mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5 Erskine Lane, View Royal, BC, V8Z 1R7

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$112,590.57

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.0 %

High school certificate or equivalent

25.0 %

Apprenticeship trade certificate/diploma

7.77 %

College/non-university certificate

27.24 %

University certificate (below bachelor)

1.82 %

University Degree

24.17 %

Commuter

Travel To Work

By Car

69.58 %

By Public Transit

12.25 %

By Walking

6.82 %

By Bicycle

3.17 %

By Other Methods

8.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.49 %

Houses

86.51 %

Own Vs. Rent

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Property Information:

Property Features:

Location of 5 Erskine Lane, View Royal, BC, V8Z 1R7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5 Erskine Lane, View Royal, BC, V8Z 1R7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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