All Victoria BC Commercial For Sale $900K-$1,000K
7221 Peden Lane
CS Brentwood Bay
Central Saanich
V8M 1C5
$995,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1013069
- Photos (9)
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Rare Waterfront Village Development Opportunity – Brentwood Bay
A unique chance to secure an almost waterfront development site in the heart of Brentwood Bay’s seaside village. This C-3 zoned lot offers ocean views, full servicing, and an immediate path to development in one of Vancouver Island’s most desirable communities.
With an existing 0.6 FAR and 3-storey allowance, the site provides up to 4,400 sq. ft. buildable. Concept plans include two luxury 3-bedroom + den residences (1,740 sq. ft. each) with ocean views, paired with two 420 sq. ft. commercial/office units at street level. Each side offers private parking and gated entry, designed in harmony with the Brentwood Bay Lodge & Spa across the street. T
This is an infill opportunity with resale values projected at $1,000+ per sq. ft., offering strong upside for both developers and investors.
Buyer to verify zoning, OCP, and all development details with the District of Central Saanich.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Land
- Lease Type:
- Sale Of Shares, Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- CS Brentwood Bay, Central Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 6,615 sq. ft.615 m2
- Taxes:
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- Construction:
- See Remarks
- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer Available, Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Ocean
- Across from the Brentwood Ferry
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Utilities:
- Electricity Available, Natural Gas Available
- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Sep 05, 2025
- Original Price:
- 995000.0
Larger map options:
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated September 6, 2025 at 06:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
Shirin Purewal is a real estate agent located in Vancouver, Canada. She will help you throughout the process to find the house or the condo of your dreams.
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