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7221 Peden Lane Central Saanich, BC V8M 1C5
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1022720
Rental Info Unrestricted
Annual Tax Amount $8,674
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Mixed Use
Property Description
Rare Waterview Infill Development – Brentwood Bay A unique chance to secure a seaside site at 7221 Peden Lane. Current C-3 zoning allows for a 0.6 FAR and 3 storeys (~4,400 buildable sq. ft.). Proposed concepts include two 1,740 sq. ft. luxury 3-bed residences with ocean views over two 420 sq. ft. commercial units across from the ocean, marinas and brentwood bay lodge.
Beyond C-3, explore potential rezoning to residential via BC's new SSMUH zoning for multi-unit residential for 4 townhomes. Given the location and amenities all around this site offers immense upside. Buyer to verify all zoning, SSMUH eligibility, and OCP details with the District of Central Saanich. Clean phase 1 environmental report.
Beyond C-3, explore potential rezoning to residential via BC's new SSMUH zoning for multi-unit residential for 4 townhomes. Given the location and amenities all around this site offers immense upside. Buyer to verify all zoning, SSMUH eligibility, and OCP details with the District of Central Saanich. Clean phase 1 environmental report.
Location
Province BC
County Capital Regional District
Area Cs Brentwood Bay
Zoning C-3
Exterior
Parking On Site 1
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Ocean
Building
Lot Description Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Sewer Sewer Available, Sewer To Lot
Water Municipal, To Lot
Structure Type See Remarks
Others
Tax ID 008-003-459
Ownership Freehold
Listed by Coldwell Banker Oceanside Real Estate

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