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Listed by Chris Troke Coldwell Banker Oceanside Real Estate
$ 995,000
Est. payment /mo
Active
7221 Peden LN 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 1022720
HOA Y/N No
Annual Tax Amount $8,674
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property 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.
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.
Location
Province BC
County Capital Regional District
Community Cs Brentwood Bay
Area Central Saanich
Zoning C-3
Direction Across from the Brentwood Ferry
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Ocean
Garage No
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
Locker No
Others
Ownership Freehold