We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
7221 Peden Lane, Central Saanich
2025-09-05
Quick Summary
- Location
- 7221 Peden Lane, Central Saanich, British Columbia V8M1C5
- Price
- $995,000
- Status:
- For Sale
- Property Type:
- Other
MLS®#1013069
Property Description
Rare Waterfront Village Development Opportunity – Brentwood Bay A truly rare chance to secure an almost waterfront development site in the heart of Brentwood Bay’s seaside village. This C-3 zoned lot offers unobstructed ocean views, full servicing, and an immediate path to development in one of Vancouver Island’s most desirable coastal communities. With an existing 0.6 FAR and 3-storey allowance, the site provides up to 4,400 sq. ft. buildable. Current concept plans include two luxury 3-bedroom + den residences (1,740 sq. ft. each) with panoramic ocean views, paired with two 420 sq. ft. commercial/office units at street level. Each side offers private parking, gated entry, and design harmony with the landmark Brentwood Bay Lodge & Spa just steps away. The location is unmatched—across from marinas, cafés, restaurants, and the Mill Bay Ferry, with the 5-star Brentwood Bay Resort at your doorstep. Positive community engagement letters support the live-work concept, with the required 10% commercial space already incorporated. This is an infill opportunity with resale values projected at $1,000+ per sq. ft., offering strong upside for both developers and long-term investors. Buyer to verify zoning, OCP, and all development details with the District of Central Saanich. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Commercial Mix
Features
- Feature: Central location, Level lot, Southern exposure, Partially cleared, Other
Land
- Land Size: 6615 sqft
Ownership
- Type: Freehold
Zoning
- Description: C-3
Information entered by Coldwell Banker Oceanside Real Estate
Listing information last updated on: 2025-10-27 18:31:18
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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Valentino Prundaru REALTOR®, Licensed Real Estate Agent
- Phone:
- (250) 686-2242
- Email:
- prundaru@gmail.com
- Support Area:
- Victoria, Saanich, Oak Bay, Esquimalt, Langford, Colwood, Central Saanich, North Saanich, Sidney, View Royal, Metchosin, Highlands, Sooke, Saanich East, Saanich West, James Bay, Fairfield, Shawnigan Lake, Mill Bay, Cobble Hill, Cowichan Bay, Duncan
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Full ProfileLEE .THOMPSON REALTOR®
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- Phone:
- (778) 676 8400
- Email:
- londonlee@live.com
- Support Area:
- Victoria, Oak Bay, Vic West, West Victoria, Esquimalt, View Royal, Saanich, Saanich East, Saanich West, East Saanich, West Saanich, Sooke, Langford, Metchosin, Colwood, Highlands, North Saanich, Saanich North, Sidney, Central Saanich, Saanich Central, Downtown Victoria, Victor
$$$ BUYERS - Receive a min. $5,000 CASHBACK on your next purchase, for homes sold over $1,500,000. . ...
Full Profile Gabriel Prundaru REALTOR®, Licensed Real Estate Agent
- Phone:
- (250) 999-0222
- Email:
- realty@prundaru.ca
- Support Area:
- Victoria, Saanich, Oak Bay, Esquimalt, Langford, Colwood, Central Saanich, North Saanich, Sidney, View Royal, Metchosin, Highlands, Sooke, Downtown Victoria, Gordon Head, Saanich East, Saanich West, James Bay, Fairfield
Full MLS Real Estate Services at Low Commission for Sellers! Cash Back for Buyers!Meet Gabriel Prund ...
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