7221 Peden Lane

CS Brentwood Bay Central Saanich V8M 1C5

Rare Waterfront Village Development Opportunity – Brentwood Bay A unique chance to secure an almost waterfront development site in the heart of Brentwood Bay’s seaside village. This C-3 zoned lot offers ocean views, full servicing, and an immediate path to development in one of Vancouver Island’s most desirable communities. With an existing 0.6 FAR and 3-storey allowance, the site provides up to 4,400 sq. ft. buildable. Concept plans include two luxury 3-bedroom + den residences (1,740 sq. ft. each) with ocean views, paired with two 420 sq. ft. commercial/office units at street level. Each side offers private parking and gated entry, designed in harmony with the Brentwood Bay Lodge & Spa across the street. This is an infill opportunity with resale values projected at $1,000+ per sq. ft., offering strong upside for both developers and investors. Buyer to verify zoning, OCP, and all development details with the District of Central Saanich.