All Victoria BC Commercial For Sale $900K-$1,000K
7221 Peden Lane
CS Brentwood Bay
Central Saanich
V8M 1C5
$995,000
Commercial Sale
- 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.688 m2
- 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
Larger map options:
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated February 21, 2026 at 02:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
Shirin Purewal is a real estate agent located in Vancouver, Canada. She will help you throughout the process to find the house or the condo of your dreams.
For all the people who want to live in All Victoria BC Commercial For Sale $900K-$1,000K, this is the page where you will be able to find the necessary options. Especially in today's environment of local government intervention in the home market, there are many potential pitfalls to avoid during the home buying process and many complex legal and tax issues to avoid.
Working with knowledgeable and experienced realtors is essential, the advice and guidance they provide is invaluable, so start now with us.

