$995,000

7221 Peden Lane
MLS® NO: 1048401

Description

NEW C-N NEIGHBOURHOOD COMMERCIAL ZONING APPROVED – RARE WATERVIEW 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 builders and financing solutions are available. Strong local demand exists for healthcare, childcare, restaurants, food service, wellness, retail and professional offices. C-N zoning permits a broad range of uses including restaurants, retail, offices, healthcare & wellness, childcare, convenience stores, personal services, veterinary, financial services and residential apartments. Prime waterview location in Brentwood Bay. Clean Phase 1 environmental report. Due diligence time available for permits, approvals and municipal review.

General

Property Type:Unimproved Land
Taxes:$9,950
Tax Year:2026

Site Influences

Lot SqFt: 7,409
Acres: 0.15
Water: Municipal, To Lot
Waste: Sewer Available, Sewer To Lot

Property Details

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Listed with:

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

Ron NealRE/MAX Generation - The Neal Estate Group

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.