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

NEW C-N NEIGHBORHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW COMMERCIAL 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 custom builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. The C-N zoning permits a broad range of commercial uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay with excellent neighbourhood-serving potential. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1048401
  • 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: 9950.11
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Listing updated: 2026-09-11 05:13:14
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Listing Information
  • List Agent Key: 1437514
  • List Office Key: 53111
  • Modification Timestamp: 2026-09-03T22:50:02Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-09-03T22:43:52Z
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Listing updated: 2026-09-11 05:13:15
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