Brentwood Bay, Central Saanich · MLS® 1048401
7,409 sq ft lot · Land · Vacant Land · 59 days on market
listed by Chris Troke, RE/MAX Generation - The Neal Estate Group
NEW C-N NEIGHBORHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW COMMERCIAL 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 custom builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. The C-N zoning permits a broad range of commercial uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay with excellent neighbourhood-serving potential. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.
Catchment schools, Saanich School District 63
1.5 km away · 7085 Wallace Drive, Brentwood Bay · 250-652-3996
1.3 km away · 1101 Newton Pl, Brentwood Bay · 250-652-1135
2.5 km away · 1627 Stellys Cross Rd, Saanichton · 250-652-4401
From the Saanich School District 63's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $711,000 | $3,547 |
The listing shows $9,950 a year in property tax.
Estimate: the BC Assessment value times Central Saanich's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
Homes in Central Saanich. Sale prices register 1 to 3 months after a sale closes.
lot outline: 617 m² (6,641 sq ft) · PID 008-003-459. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 2 places to eat or drink, 4 parks and playgrounds, 5 transit stops.
mihom score from OpenStreetMap places, by straight line distance.