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:4069)
Address
7221 Peden Lane
List Price
$995,000
Property Type
Other
Type of Dwelling
Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Central Saanich
Lot Size
7409 Sq. Ft.
MLS® Number
1022720
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8M1C5
Zoning
C-3
Site Influences
View
Features
Central location, Level lot, Southern exposure, Partially cleared, Other
