5 Erskine Lane
View Royal · V8Z1R7
$24,538/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
View Royal · V8Z1R7
$24,538/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
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!
Vacant Land
Type
Hospital
Area
Listed
December 16, 2025
Nearby & Commute
10 min
walk to Quality Foods
23 min
bike to Railyards
1h 17m
walk to Railyards
3h 46m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 38%
| Detached | 60 | 38.5% |
| Condo / Apartment | 31 | 19.9% |
| Townhouse | 23 | 14.7% |
| Land | 20 | 12.8% |
| Mobile home | 13 | 8.3% |
| Other | 9 | 5.8% |
| Under $5,000 | 10 | 1.9% |
| $15,000 to $19,999 | 5 | 0.9% |
| $20,000 to $24,999 | 5 | 0.9% |
| $25,000 to $29,999 | 10 | 1.9% |
| $35,000 to $39,999 | 10 | 1.9% |
| $40,000 to $44,999 | 15 | 2.8% |
| $45,000 to $49,999 | 10 | 1.9% |
| $50,000 to $59,999 | 40 | 7.5% |
| $60,000 to $69,999 | 55 | 10.3% |
| $70,000 to $79,999 | 45 | 8.4% |
| $80,000 to $89,999 | 40 | 7.5% |
| $90,000 to $99,999 | 50 | 9.3% |
| $100,000 to $124,999 | 95 | 17.8% |
| $125,000 to $149,999 | 55 | 10.3% |
| $150,000 to $199,999 | 60 | 11.2% |
| $200,000 and over | 30 | 5.6% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$24,538
Principal and interest
Calculated estimate
$22,938
Property tax
Calculated estimate
$1,450/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,959,000
Down payment
Calculated estimate
$991,800 (20%)
Estimated mortgage
Calculated estimate
$3,967,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$24,538
/mo
Rate
%
Amortization
Principal and interest
$22,938
Property tax (est.)
$1,450
P&I
Tax
Down payment
$991,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $991,800 down (20%) on $4,959,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
At 4.0336 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.