7221 Peden Lane

Mixed-Use Development Opportunity – Set among Brentwood Bay’s waterfront sits a 7409-sqft. ocean-view, commercial lot, fully serviced and ready for development. Zoned General Commercial, C-3, the property offers the opportunity for 4400 sqft. of mixed-use space in the heart of The Bay. This prime location sits across from multiple marinas, cafes, and restaurants, as well as the 5-Star, Brentwood Bay Resort and Mill Bay Ferry. The lot offers an already, zoning and OCP-conforming design, with a 650-sqft. CRU on the ground level and two, 1200-sqft. condos above, both with ocean views, along with nine parking spots. The lot also offers the opportunity to rezone, given the new infill housing changes. *Buyer to verify all pertinent information with respect to zoning and bylaws with the district of Central Saanich.