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7221 Peden Lane
CS Brentwood Bay Central Saanich V8M 1C5

$995,000
Commercial Sale

Brentwood Bay
Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 2: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 3: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 4: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 5: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 6: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 7: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 8: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Photo 9: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1013069
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:
Existing Lease Expiry:
Listing General Location:
CS Brentwood Bay, Central Saanich
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,615 sq. ft.
Taxes:
Construction:
See Remarks
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Municipal, To Lot
Sewer:
Sewer Available, Sewer To Lot
Fireplace:
No
Pending Date:
Ocean
Across from the Brentwood Ferry
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Central Saanich
Legal Description:
Zoning:
C-3
Units in Building:
Units in Community:
Occupancy:
Vacant
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:
Date Listed:
Sep 05, 2025
Original Price:
995000.0
  • Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Brentwood Bay
  • Photo 2: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Photo 2 of 9
  • Photo 3: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Photo 3 of 9
  • Photo 4: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    2 condo units with CRU's
  • Photo 5: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Site plan with massing
  • Photo 6: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    2nd Design option
  • Photo 7: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Photo 7 of 9
  • Photo 8: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Photo 8 of 9
  • Photo 9: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Mixed Use for sale : MLS®# 1013069
    Site marker
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated September 6, 2025 at 06:05 AM (UTC)

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All Victoria BC Commercial For Sale $900K-$1,000K

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