7221 Peden Lane Central Saanich, British Columbia V8M 1C5
$995,000
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:63476)
Property Details
| MLS® Number | 1031265 |
| Property Type | Other |
| Neigbourhood | Brentwood Bay |
| Features | Central Location, Level Lot, Southern Exposure, Partially Cleared, Other |
| Plan | Vip1188 |
| View Type | Ocean View |
Building
| Type | Commercial Mix |
Land
| Acreage | No |
| Size Irregular | 7409 |
| Size Total | 7409 Sqft |
| Size Total Text | 7409 Sqft |
| Zoning Description | C-3 |
| Zoning Type | Unknown |
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May 20 2026 11:06:01
Victoria Real Estate Board
RE/MAX Generation - The Neal Estate Group