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$995,000

7221 Peden Lane
MLS® NO: 1022720

Description

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.

General

Taxes: 8674

Lot Information

SqFt: 7409
Acres: 0.15
Lot Features: Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Water: Municipal, To Lot
Waste: Sewer Available, Sewer To Lot

Property Details

Building Type:
Municipality: Central Saanich
Sq. Feet: 7,409

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Listed with:

Chris Troke - RE/MAX Generation - The Neal Estate Group
Phone: 250-886-5540

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.