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Renanza Realty
For sale

7221 Peden Lane

Central Saanich, British Columbia

MLS® 1048401

$995,000

Status
Active
Property type
Vacant land
MLS® number
1048401
Bedrooms
Bathrooms
Year built

Listing description

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.

Property summary

MLS® number
1048401
Property type
Vacant Land
Title
Freehold
Land size
7409 square feet
Annual property taxes
$9,950.11
Days on market
21 days

Features & details

Lot features
Central location, Level lot, Southern exposure, Partially cleared, Other
View
Ocean view

What would this home cost you?

Based on the $995,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,630 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Generation - The Neal Estate Group, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.