$995,000
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7221 Peden Lane, Central Saanich

Central Saanich, BC V8M 1C5
MLS® 1031265
57
Days on Market

Description

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.

Property Details

Property Type Commercial Sale
Property Sub Type Unimproved Land
Listing ID 1031265
Status Active
City Central Saanich
Area Central Saanich
Sub-Area CS Brentwood Bay
Postal Code V8M 1C5
Property Taxes $8,674.16 (2025)
Zoning C-3
Water Municipal,To Lot
Sewer Sewer Available,Sewer To Lot
Construction See Remarks
Listed Date Apr 7, 2026
Ownership Freehold
Lot Size 0.15 acres

Building Details

Stories -1

Additional Information

Features Central location, Level lot, Southern exposure, Partially cleared, Other
View Ocean view
Land Size 7409 sqft
Transaction For sale

Location