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Central Saanich All Real Estate and Homes for Sale $1,000K+
7221 Peden Lane
CS Brentwood Bay
Central Saanich
V8M 1C5
$995,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1042065
- Photos (29)
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Rare Waterview Commercial Opportunity – Brentwood Bay
Why lease when you can build and own for payments comparable to many commercial leases? Build-to-suit options, experienced custom builders, and financing solutions are available. Strong local demand exists for healthcare, childcare, food service, and professional services. Due diligence time is available for permits, approvals, and municipal review.
Clean Phase 1 environmental report.
A unique opportunity 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 with roof top decks for amazing ocean views (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical and dental clinics, wellness centres, daycare, and professional offices serving this rapidly growing community. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets
- 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:
- 7,409 sq. ft.688 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:
- Jul 02, 2026
- Original Price:
- 995000.0
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
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This image is an AI-generated rendering for illustrative purposes only and does not represent existing structures. Actual development is subject to zoning, permitting, and buyer's own due diligence.
Larger map options:
Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated August 18, 2026 at 04:05 PM (UTC)
- BCHOMEGROUP.CA
- 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.
