- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1022720
- Photos (9)
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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.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- CS Brentwood Bay, Central Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,409 sq. ft.
- Taxes:
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- Construction:
- See Remarks
- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer Available, Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Ocean
- Across from the Brentwood Ferry
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Utilities:
- Electricity Available, Natural Gas Available
- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Jan 07, 2026
- Original Price:
- 995000.0
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Photo 1 of 9 -
Brentwood Bay
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Photo 3 of 9
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2 condo units with CRU's
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Site plan with massing
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2nd Design option
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Photo 7 of 9
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Photo 8 of 9
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Site marker
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated January 18, 2026 at 06:05 PM (UTC)
- LUKE OXLEY
- COLDWELL BANKER OCEANSIDE REAL ESTATE
- 1 (236) 5087252
- Contact by Email
Office Address:
3194 Douglas Street
Victoria, BC, V8Z 3K6