7221 Peden Lane, Central Saanich BC V8M 1C5
$995,000
00
7221 Peden Lane, Central Saanich BC V8M 1C5 - Unimproved Land for Sale in Central Saanich, BC
This 0 bedroom, 0 bathroom unimproved land is listed for sale at $995,000 in Central Saanich, British Columbia. Lot size: 6,534 sq ft (0.15 acres).MLS® #1042065.
Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance to secure a prime seaside commercial site at 7221 Peden Lane. Existing C-3 zoning permits a mix of neighbourhood-serving commercial uses with a 0.6 FAR and up to 3 storeys (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core.
Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area.
Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report.
Looking for homes for sale in Central Saanich? Browse Central Saanich real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Central Saanich area.
$995,000
For Sale
1 / 30
7221 Peden Lane, Central Saanich BC V8M 1C5
Central Saanich, BC V8M 1C5
MLS® #1042065
RE/MAX Generation - The Neal Estate Group
0beds
0baths
Property Details
Property Type
Unimproved Land
Lot Size
6,534 sq ft(0.15 acres)
Bedrooms
0
Bathrooms
0
Area
Central Saanich
Neighborhood
Brentwood Bay
Listed
Jul 2, 2026
MLS® Number
#1042065
Peden Lane Market Report
View comprehensive market analysis for Peden Lane including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Peden Lane Market ReportDescription
Rare Waterview Commercial Opportunity – Brentwood Bay A unique chance to secure a prime seaside commercial site at 7221 Peden Lane. Existing C-3 zoning permits a mix of neighbourhood-serving commercial uses with a 0.6 FAR and up to 3 storeys (~4,400 buildable sq. ft.). Ideal for restaurants, cafés, medical clinics, dental, daycare, professional offices, or wellness/spa uses supporting the Brentwood Bay village core.
Positioned steps from the waterfront, marinas, and Brentwood Bay Lodge, this location aligns with OCP objectives encouraging vibrant, pedestrian-oriented commercial services. Why lease when you can own in one of the Peninsula’s most supply-constrained retail nodes? Strong demand exists for food service, childcare, and health-based services in the immediate area.
Buyer to verify zoning, permitted uses, and OCP guidelines with the District of Central Saanich. Clean Phase 1 environmental report.
Property Video
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$6,475
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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