7221 Peden Lane, Central Saanich
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:1945)
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Property details for 7221 Peden Lane, Central Saanich
- Type
- Lots and Land
- Lot Size
- 7409
- Ownership
- Freehold
- Annual Taxes
- $9,950
Nearby Listings Stat
Estimated price and comparable properties near 7221 Peden Lane
Active Listings
30
Min Price
$489,900
Max Price
$16,299,000
Avg Price
$1,628,013
Days on Market
51
days
Sold Listings
15
Min Sold Price
$525,000
Max Sold Price
$1,289,000
Avg Sold Price
$919,113
Days until Sold
40
days
Price History
Listed
September 1, 2026
by RE/MAX Generation - The Neal Estate Group
Current Price
$995,000
Type
Lots and Land
For Sale
