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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 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. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 1022720
  • Price: $995,000
  • View: Ocean view
  • Status: Active
  • Office Name: Coldwell Banker Oceanside Real Estate
  • Property Sub Type: Other
  • Office Key: 284638
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' 41.7''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 7409
Financial
  • Tax Annual Amount: 8674
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Listing updated: 2026-03-05 14:37:13
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Listing Information
  • List Agent Key: 1437514
  • List Office Key: 284638
  • Modification Timestamp: 2026-01-07T22:00:28Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-01-07T21:45:14Z
Powered by REALTOR.ca
Listing updated: 2026-03-05 14:37:13
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