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$995,000
British Columbia,Central Saanich
For Sale Active
7221 Peden Lane, Central Saanich, British Columbia V8M1C5
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1042065
  • Price: $995,000
  • View: Ocean view
  • Status: Active
  • Office Name: RE/MAX Generation - The Neal Estate Group
  • Property Sub Type: Vacant Land
  • Office Key: 53111
Address Map
  • Location: CA, British Columbia, Central Saanich, V8M1C5
  • Street: Peden
  • Street Number: 7221
  • Street Suffix: Lane
  • Longitude: W124° 32' 3.7''
  • Latitude: N48° 34' 41.9''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 7409
Financial
  • Tax Annual Amount: 8674.16
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Listing updated: 2026-08-04 03:59:54
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Listing Information
  • List Agent Key: 1437514
  • List Office Key: 53111
  • Modification Timestamp: 2026-07-31T15:50:01Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-07-31T15:44:07Z
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Listing updated: 2026-08-04 03:59:54
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