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Central Saanich All Real Estate and Homes 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:
- 1031265
- Photos (30)
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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 Type:
- Commercial Sale
- Type:
- Mixed Use
- 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:
- Apr 07, 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.
-
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.
-
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.
-
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.
-
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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Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated May 26, 2026 at 08:05 PM (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.
