Mixed Use located in Central Saanich - CS Brentwood Bay, V8M 1C5
sqft, Beds, Baths
MLS #1022720
Listed by Chris TrokeColdwell Banker Oceanside Real Estate
Listed by Chris TrokeColdwell Banker Oceanside Real Estate - Listed On: January 7, 2026
- Type: Commercial Sale
- Lot Size: 0.15 acres
- Parking Features: On Site,
- Features: Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure,
- View: Array
- Zoning: C-3
Description
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.