7221 Peden Lane, Central Saanich
Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance 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 (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core. Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report. (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$8,674
Zoning
Unknown
Parcel Number
008-003-459
Data Source
Victoria Real Estate Board
Lot Size
7409.0 sqft
View
Ocean view
Lot Features
$995,000
Office
RE/MAX Generation - The Neal Estate Group
Loan Amount:
$796,000
Estimated Monthly Payment:
$3,879
This is an estimate for informational purposes only. Consult with a financial advisor.
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