Primary photo of 7221 Peden Lane, Central Saanich
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Vacant Land For Sale

$995,000

MLS® Number: 1031265

Land Size

7,409

7221 Peden Lane, Central Saanich, British Columbia

About This Property

Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance to secure a prime seaside commercial site at 7221 Peden Lane. Existing C-3 zoning permits a mix of neighbourhood-serving commercial uses with a 0.6 FAR and up to 3 storeys (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core. Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report.

Property Details

Land & Location

City Region

Brentwood Bay

Lot Features

Central location, Level lot, Southern exposure, Partially cleared, Other

Lot Size Area

7409.0 sqft

Lot Size Dimensions

7409

Parcel Number

008-003-459

Postal Code

V8M1C5

View

Ocean view

Listing & Financials

Listing Office

RE/MAX Generation - The Neal Estate Group

Originating System Name

Victoria Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($199,000)
5.5%
25 Years

Estimated Monthly Payment

$4,888

Principal and interest only. Actual rates may vary.

Location & Map

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