$995,000 - ML# 1031265
7221 Peden Lane
Central Saanich - CS Brentwood Bay

This is only a guide. Please verify this information with your mortgage specialist.

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.

Title:
Freehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets 
Possession:
Negotiable 
Possession Notes:
 
Taxes:
$8,674.16 (2025) 
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Building Details

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Lot Information

SqFt:
7409 
Acres:
0.15 
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Lot Features:
Adult-Oriented Neighbourhood,Central Location,Cleared,Easy Access,Level,Recreation Nearby,Serviced,Shopping Nearby,Southern Exposure 
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Water:
Municipal,To Lot 
Waste:
Sewer Available,Sewer To Lot 
Parking:
 
Location Features:
Adult-Oriented Neighbourhood,Central Location,Cleared,Easy Access,Level,Recreation Nearby,Serviced,Shopping Nearby,Southern Exposure 

Strata Information

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$ 
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Listed with:

RE/MAX Generation - The Neal Estate Group
Phone: 250-886-5540 / Fax:

RE/MAX Generation - The Neal Estate Group

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.