7221 Peden, Central Saanich, BC V8M 1C5
3D tour available
CENTRAL SAANICH

7221 Peden

$995,000Central Saanich, BC V8M 1C5
Active
Price
$995,000
Lot
322,736,040 sq ft

Listing courtesy of RE/MAX Generation - The Neal Estate Group·MLS® 1048401·Last updated Oct 26, 2026

About this property

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:26452)

Details

Lot size
322,736,040 sq ft

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Christopher Troke
RE/MAX Generation
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Estimate payments

An estimate only. Rates and terms come from your lender.

Mortgage payment$4,197/mo
Down payment$199,000
Christopher TrokeRE/MAX Generation