7221 PEDEN LANE

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$995,000
7221 PEDEN LANE
Central Saanich, British Columbia V8M1C5
MLS® Number: 1022720
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About This Property

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:64973)

Property Details

Lot Size7409 (7,409 square feet)
Property TypeOther
ViewOcean view
Annual Taxes$8,674
CityCentral Saanich
Postal CodeV8M1C5
MLS® #1022720

Location

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