7221 Peden Lane new Save Request In-Person Tour Request Virtual Tour
Central Saanich,BC V8M 1C5
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1013069
Annual Tax Amount $8,093
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property Description
Rare Waterfront Village Development Opportunity – Brentwood Bay
A unique chance to secure an almost waterfront development site in the heart of Brentwood Bay's seaside village. This C-3 zoned lot offers ocean views, full servicing, and an immediate path to development in one of Vancouver Island's most desirable communities.
With an existing 0.6 FAR and 3-storey allowance, the site provides up to 4,400 sq. ft. buildable. Concept plans include two luxury 3-bedroom + den residences (1,740 sq. ft. each) with ocean views, paired with two 420 sq. ft. commercial/office units at street level. Each side offers private parking and gated entry, designed in harmony with the Brentwood Bay Lodge & Spa across the street. T
This is an infill opportunity with resale values projected at $1,000+ per sq. ft., offering strong upside for both developers and investors.
Buyer to verify zoning, OCP, and all development details with the District of Central Saanich.
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