7221 Peden Lane, Central Saanich, BC, V8M 1C5

Property Details: - Type: Unimproved Land - Bedrooms: 0 - Bathrooms: 0 - MLS#: 1031265 Listed By: RE/MAX GENERATION - THE NEAL ESTATE GROUP

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. This unimproved land home located at 7221 Peden Lane, Central Saanich is currently for sale and has been available on Zolo.ca for 50 days. This property is listed at $995,000 with an estimated mortgage of $3,662* per month. It has beds and bathrooms. 7221 Peden Lane, Central Saanich is in the Brentwood Bay neighborhood Central Saanich.