$995,000
 $5,341 est/mo Sourced by Back At You

7221 Peden Lane,Central Saanich, BC V8M1C5

Central Saanich, BC V8M1C5

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Description

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:13843)

Details

MLS #1048401
Listing TypeFor Sale
StatusActive
Days On Site60
Listing Provided ByRE/MAX Generation - The Neal Estate Group | Chris Troke

Features

ZoningUnknown
Acreage0.17
Property ViewOcean view

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesCentral location, Level lot, Southern exposure, Partially cleared, Other

Taxes

Tax Annual Amount9950.11
Tax Block46
Tax Lot1

Area Information

ProvinceBC
CityCentral Saanich
Postal CodeV8M1C5
Listing VS Median (in V8M1C5)
Price:
$995,000
low | high
Med:
$0
On site:
60
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityCentral Saanich
Postal CodeV8M1C5
Listing VS Median (in V8M1C5)
Price:
$995,000
low | high
Med:
$0
On site:
60
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $746K - $1.243M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1025 Waverly Terr Property Photo 1
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1025 Waverly Terr
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$889,980
1056 Holly Park Rd
Central Saanich, BC V8M2H1
Listing Updated: October 26, 2026 at 1:05:24 PM PDT