Leading Real Estate Companies of the World
Frank Chan Frank Chan
$995,000 - ML# 1048401
7221 Peden Lane
Central Saanich - CS Brentwood Bay

This is only a guide. Please verify this information with your mortgage specialist.

NEW C-N NEIGHBOURHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW DEVELOPMENT OPPORTUNITY – BRENTWOOD BAY Why lease when you can build and own? New C-N Neighbourhood Commercial zoning creates a flexible development opportunity at 7221 Peden Lane. Maximum 1.0 FAR, 50% lot coverage and 11.0 m building height provide increased buildable potential, subject to site dimensions and municipal approvals. Build-to-suit options, experienced builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. C-N zoning permits a broad range of uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review.

Title:
Freehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets,Sale Of Shares 
Possession:
Negotiable 
Possession Notes:
 
Taxes:
$9,950.11 (2026) 
Year Built:
 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
 
Building Type:
 
Accessibility:
 
Construction Foundation:
 
Exterior Finish:
 
Exterior Features:
 
Cooling:
 
Heat:
 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
7409 
Acres:
0.15 
Total SqFt:
 
Lot:
 
Lot Shape:
 
Lot Features:
Adult-Oriented Neighbourhood,Central Location,Cleared,Easy Access,Level,Recreation Nearby,Serviced,Shopping Nearby,Southern Exposure 
Lot Frontage:
 
Water:
Municipal,To Lot 
Waste:
Sewer Available,Sewer To Lot 
Parking:
 
Location Features:
Adult-Oriented Neighbourhood,Central Location,Cleared,Easy Access,Level,Recreation Nearby,Serviced,Shopping Nearby,Southern Exposure 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
Shared Amenities:
 

Listed with:

RE/MAX Generation - The Neal Estate Group
Phone: 250-886-5540 / Fax:

RE/MAX Generation - The Neal Estate Group

VREB Reciprocity Logo

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.