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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. (id:24212)
Full Address:
7221 Peden Lane, Central Saanich, British Columbia
Price:
$ 995,000
MLS Number:
1022720
List Date:
January 7th, 2026
Neighbourhood:
Brentwood Bay
Lot Size:
7409 ac
Taxes:
$ 8,674
Ownership Type:
Freehold

Property Specifications

Interior Features

Zoning:
Unknown

Building Features

Floors

View:
Ocean view
Lot Size:
7409 ac
Lot Features:
Central location, Level lot, Southern exposure, Partially cleared, Other

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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Agent: Chris TrokeBrokerage: Coldwell Banker Oceanside Real Estate Phone: 250-886-5540

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