Saanich
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1048401
- Photos (30)
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NEW C-N NEIGHBOURHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW DEVELOPMENT OPPORTUNITY – BRENTWOOD BAY
Why lease when you can build and own? New C-N Neighbourhood Commercial zoning creates a flexible development opportunity at 7221 Peden Lane. Maximum 1.0 FAR, 50% lot coverage and 11.0 m building height provide increased buildable potential, subject to site dimensions and municipal approvals. Build-to-suit options, experienced builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. C-N zoning permits a broad range of uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments.
Prime waterview location in Brentwood Bay. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets, Sale Of Shares
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- CS Brentwood Bay, Central Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,409 sq. ft.
- Taxes:
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- Construction:
- See Remarks
- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer Available, Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Ocean
- Across from the Brentwood Ferry
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- 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:
- Signup
- 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 22, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,550,000
- Min list price:
- $615,000
- Max list price:
- $6,500,000
- Avg days on market:
- 70
- Min days on market:
- 12
- Max days on market:
- 316
These statistics are generated based on the current listing's property type
and located in
Central Saanich. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GUINEVERE HOWES
- ROYAL LEPAGE COAST CAPITAL - CHATTERTON
- 1 (250) 7449406
- Contact by Email
Location
110 - 4460 Chatterton Way
Victoria, BC, V8X 5J2