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$995,000
1048401 MLS
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.

7221 Peden Lane, Central Saanich

Courtesy of RE/MAX Generation - The Neal Estate Group

$995,000
1044984 MLS
Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors.

1193 Dignan Rd, Central Saanich

Courtesy of Macdonald Realty Victoria

$1,225,000
1043880 MLS
Attention builders and developers—rare opportunity in the heart of Brentwood Bay. Flat 13,400+ sq ft lot (approx. 90 x 148) offering multiple development options: side-by-side duplexes, duplex + single-family home with suite, or potential for up to 8 units (buyer to verify all options). The owner has completed significant due diligence with the District of Central Saanich including preliminary approval PLA. Conceptual drawings available. New zoning and guidelines may allow for infill duplex while retaining the existing home, or potential subdivision into 4 ranchers + suites (buyer to verify). Existing duplex provides holding income. Steps to schools, shopping, and transit. Full info package available. Reach out today. Buyer to confirm all info with Central Saanich Municipality.

1146 Sluggett Rd, Central Saanich

Courtesy of RE/MAX Camosun

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