7221 Peden Lane, Central Saanich, BC

$995,000

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0.15

Acres

About 7221 Peden Lane

Rare Waterview Infill Development – Brentwood Bay A unique chance to secure a seaside site at 7221 Peden Lane. Current C-3 zoning allows for a 0.6 FAR and 3 storeys (~4,400 buildable sq. ft.). Proposed concepts include two 1,740 sq. ft. luxury 3-bed residences with ocean views over two 420 sq. ft. commercial units across from the ocean, marinas and brentwood bay lodge. Beyond C-3, explore potential rezoning to residential via BC’s new SSMUH zoning for multi-unit residential for 4 townhomes. Given the location and amenities all around this site offers immense upside. Buyer to verify all zoning, SSMUH eligibility, and OCP details with the District of Central Saanich. Clean phase 1 environmental report.

Commercial Sale home for sale in Central Saanich, BC at 7221 Peden Lane.

Features of 7221 Peden Lane

MLS® # 1022720
Price $995,000
Acres 0.15
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information: Central Saanich

Address 7221 Peden Lane
Area CS Brentwood Bay
Subdivision CS Brentwood Bay
City Central Saanich
County Capital Regional District
Province BC
Postal Code V8M 1C5

Amenities of 7221 Peden Lane

Utilities Electricity Available, Natural Gas Available
View Ocean
Is Waterfront No
Has Pool No

Interior of 7221 Peden Lane

Fireplace No

Exterior of 7221 Peden Lane

Construction See Remarks

Additional Information On 7221 Peden Lane

Date Listed January 7th, 2026
Days on Market 31
Zoning C-3

Listing Details of 7221 Peden Lane

OfficeColdwell Banker Oceanside Real Estate

Map To 7221 Peden Lane, Central Saanich

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