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7221 Peden Lane
CS Brentwood Bay Central Saanich V8M 1C5

$995,000
Commercial Sale

Main Photo: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 1: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 2: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
Photo 3: 7221 Peden Lane in Central Saanich: CS Brentwood Bay Unimproved Land for sale : MLS®# 1048401
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1048401
Rare Waterview Commercial Opportunity – Brentwood Bay Why lease when you can build and own for payments comparable to many commercial leases? Build-to-suit options, experienced custom builders, and financing solutions are available. Strong local demand exists for healthcare, childcare, food service, and professional services. Due diligence time is available for permits, approvals, and municipal review. Clean Phase 1 environmental report. A unique opportunity 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 with roof top decks for amazing ocean views (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical and dental clinics, wellness centres, daycare, and professional offices serving this rapidly growing community. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
CS Brentwood Bay, Central Saanich
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,409 sq. ft.
Taxes:
$9,950.11 / 2026
Construction:
See Remarks
Electricity:
Yes
Commercial Area:
Peninsula
Water supply:
Municipal, To Lot
Sewer:
Sewer Available, Sewer To Lot
Fireplace:
No
Ocean
Across from the Brentwood Ferry
Main Level
0
Yes
No
Unrestricted
Assessed:
711000.0
Assessment year:
2026
Jurisdiction name:
District of Central Saanich
Legal Description:
PARCEL A, LOT 1, BLOCK 46, PLAN VIP1188, SECTION 10, RANGE 2W, SOUTH SAANICH LAND DISTRICT, PCL A (DD 124236I) OF LOTS 1, 2 & 3
Zoning:
C-3
Utilities:
Electricity Available, Natural Gas Available
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Parking Features:
On Site
Total Units:
0
Date Listed:
Sep 01, 2026
Original Price:
995000.0
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Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated September 2, 2026 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.