7221 PEDEN CENTRAL SAANICH

Brentwood Bay neighbourhood of Central Saanich British Columbia Canada V8M 1C5
$995,000

7221 PEDEN CENTRAL SAANICH

  • Price: $995,000
  • MLS Number: 1022720
  • Property Type: Residential

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.

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Listing Brokerage: Coldwell Banker Oceanside Real Estate

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