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7221 Peden Lane
CS Brentwood Bay Central Saanich V8M 1C5

$995,000
Commercial Sale

Main Photo: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 2: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 3: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 4: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 5: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
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Photo 21: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
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Photo 30: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1048401
NEW C-N NEIGHBOURHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW DEVELOPMENT OPPORTUNITY – BRENTWOOD BAY Why lease when you can build and own? New C-N Neighbourhood Commercial zoning creates a flexible development opportunity at 7221 Peden Lane. Maximum 1.0 FAR, 50% lot coverage and 11.0 m building height provide increased buildable potential, subject to site dimensions and municipal approvals. Build-to-suit options, experienced builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. C-N zoning permits a broad range of uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets, Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CS Brentwood Bay, Central Saanich
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,409 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-N
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 01, 2026
Original Price:
995000.0
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Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated September 4, 2026 at 06:05 PM (UTC)

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

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