BC > Central Saanich
Central Saanich, BC V8M 1C5,7221 Peden Lane
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Central Saanich, BC V8M 1C5,7221 Peden Lane
Central Saanich, BC V8M 1C5,7221 Peden Lane
Central Saanich, BC V8M 1C5,7221 Peden Lane
Central Saanich, BC V8M 1C5,7221 Peden Lane
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Dustin Miller

Dustin Miller

+1(778) 678-9815
$ 995,000
Est. payment /mo
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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 1013069

Rental Info Unrestricted

Annual Tax Amount $8,093

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

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

Direction Across from the Brentwood Ferry

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

Pets Allowed Yes

Restrictions ALR: No,None

Tax ID 008-003-459

Ownership Freehold

Listed by Coldwell Banker Oceanside Real Estate
agent

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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