NEW C-N NEIGHBORHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW COMMERCIAL 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 custom builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. The C-N zoning permits a broad range of commercial uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay with excellent neighbourhood-serving potential. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review. (id:44056)

Property Details

Full Address:
7221 Peden Lane, Central Saanich, British Columbia
Price:
$ 995,000
MLS Number:
1048401
List Date:
September 1st, 2026
Lot Size:
7409 sq.ft.
Taxes:
$ 9,950

Interior Features

Building Features

Zoning:
Unknown
Zoning Detail:
C-N
Ownership Type:
Freehold
Legal Description:
46
Taxes:
$ 9,950

Floors

Land

View:
Ocean view
Lot Size:
7409 sq.ft.
Lot Features:
Central location, Level lot, Southern exposure, Partially cleared, Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Chris Troke RE/MAX Generation - The Neal Estate Group
250-886-5540
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Listing Agent(s)

Lead Agent: Chris Troke
Office: RE/MAX Generation - The Neal Estate Group
Originating Board: Victoria Real Estate Board
Co-Listing: Ron Neal
RE/MAX Generation - The Neal Estate Group

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