$995,000
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7221 Peden Lane, Central Saanich

Central Saanich, BC V8M 1C5
MLS® 1042065
35
Days on Market

Description

Rare Waterview Commercial Opportunity – Brentwood Bay
Why lease when you can build and own for payments comparable to many commercial leases? Build-to-suit options, experienced custom builders, and financing solutions are available. Strong local demand exists for healthcare, childcare, food service, and professional services. Due diligence time is available for permits, approvals, and municipal review.
Clean Phase 1 environmental report.
A unique opportunity 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 with roof top decks for amazing ocean views (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical and dental clinics, wellness centres, daycare, and professional offices serving this rapidly growing community. Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich.

Property Details

Property Type Commercial Sale
Property Sub Type Unimproved Land
Listing ID 1042065
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 Jul 2, 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