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7221 Peden Lane, Central Saanich, BC, V8M 1C5

MLS® # 955634
Commercial For Sale In Central Saanich, British Columbia
$1,150,000
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
7221 Peden Lane, Central Saanich, BC
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ACTIVE
7221 Peden Lane, Central Saanich, BC, V8M 1C5
$1,150,000

Property Information:

Rare Ocean view Lot in Brentwood Bay. This mixed-use Development Opportunity in popular Brentwood Bay is located across from three marinas, the Seahorse Cafe, Brentwood Bay Resort and the Brentwood/Mill Bay ferry. The site is 7400 sq ft, fully serviced, flat, west facing, clean phase 1. Zoned C-3 which allows for a .6 FAR potential for 4400 sqft of buildable with commercial down and residential up. Ideal for an owner occupier to build an office or store front with apartments up. Great location for a boutique market / coffee shop/ office/ restaurant or boat care services. Current design conforms to zoning and the OCP, calls for a 650 sqft CRU down with two 1,200 sqft condos up both with bay views. 9 parking spots and has planning support, no variances, only requires a DP with council approval. Alternatively, see the 6 plex designs for a possible rezone to residential given the new infill housing changes. Buyer to verify.

Property Features:

  • Annual Tax Amount: $2,986
  • Construction Materials: See Remarks
  • Lot Features: Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Level, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
  • Lot Frontage: 7409 Square Feet
  • Lot Size: 7409.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved
  • Utilities: Electricity Available, Natural Gas Available
  • View:
  • Water Source: Municipal
  • Zoning: C-3
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 9

Courtesy of: Coldwell Banker Oceanside Real Estate

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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 7221 Peden Lane, Central Saanich, BC, V8M 1C5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

22 hot days expected in 2050

Projected Storm Risk: Exteme

13 storms expected in 2050

Projected Heat Risk: Significant

22 hot days expected in 2050

26/100

Significant

ClimateCheck®

Current data

This property, 7221 Peden Lane , experiences 7 hot days per year at around 27.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.9 degrees Celsius.

Projected Avg. Temperature

Past
27.9℃
2050
30.9℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

13 storms expected in 2050

87/100

Exteme

ClimateCheck®

Current data

This property, 7221 Peden Lane , experiences 12 significant 2-day storms per year, with about 497.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 571.5mm of precipitation per year.

Precipitation Per Storm

Past
497.9mm
2050
571.5mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 7221 Peden Lane, Central Saanich, BC, V8M 1C5

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$149,630.65

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.71 %

High school certificate or equivalent

23.98 %

Apprenticeship trade certificate/diploma

9.91 %

College/non-university certificate

22.58 %

University certificate (below bachelor)

0.55 %

University Degree

31.27 %

Commuter

Travel To Work

By Car

86.07 %

By Public Transit

0.73 %

By Walking

1.17 %

By Bicycle

0.14 %

By Other Methods

11.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.63 %

Houses

95.37 %

Own Vs. Rent

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