6 Bedrooms
5 Bathrooms
8 Driveway, Garage Double Parking
3,693 sqft
$1,788,000
About this House in Arbutus
Welcome to 2229 Arbutus Rd;an exceptional opportunity with robust rental income potential.Set on a private, beautifully landscaped .54 acre lot with ocean views,this meticulously maintained property has been lovingly cared for by the same family for nearly 25 years,with extensive improvements along the way.The real opportunity is flexibility:3 separate living spaces,3 kitchens and potential rental income exceeding $100,000/yr. Live in one and have the additional residences of…fset carrying costs,accommodate multi generational family,or maximize income as an investment.The property also offers expansive outdoor space,parking for vehicles/boats/RVs, a detached 2 car garage/workshop and a private forested backyard with potential for a future large secondary dwelling(buyer to verify).A rare combination of lifestyle, income, flexibility w/great upside that's close to UVic, beaches, schools and amenities. A compelling opportunity for buyers seeking exceptional value in an incredible location!Interior Features Of 2229 Arbutus, Arbutus, Saanich East
Dining/Living Combo, Eating AreaAppliances Included:
Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, WasherExterior Features Of 2229 Arbutus, Arbutus, Saanich East
Balcony/Deck, Garden, Sprinkler System, See RemarksOther Structures At 2229 Arbutus, Arbutus, Saanich East
Guest Accommodations, Storage Shed, WorkshopLot Features Of 2229 Arbutus, Arbutus, Saanich East
Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See RemarksLocation Features:
Basement, Transit Nearby, See Remarks
Listed by The Agency.
Welcome to 2229 Arbutus Rd;an exceptional opportunity with robust rental income potential.Set on a private, beautifully landscaped .54 acre lot with ocean views,this meticulously maintained property has been lovingly cared for by the same family for nearly 25 years,with extensive improvements along the way.The real opportunity is flexibility:3 separate living spaces,3 kitchens and potential rental income exceeding $100,000/yr. Live in one and have the additional residences offset carrying costs,accommodate multi generational family,or maximize income as an investment.The property also offers expansive outdoor space,parking for vehicles/boats/RVs, a detached 2 car garage/workshop and a private forested backyard with potential for a future large secondary dwelling(buyer to verify).A rare combination of lifestyle, income, flexibility w/great upside that's close to UVic, beaches, schools and amenities. A compelling opportunity for buyers seeking exceptional value in an incredible location!
Interior Features Of 2229 Arbutus, Arbutus, Saanich East
Dining/Living Combo, Eating Area
Appliances Included:
Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer
Exterior Features Of 2229 Arbutus, Arbutus, Saanich East
Balcony/Deck, Garden, Sprinkler System, See Remarks
Other Structures At 2229 Arbutus, Arbutus, Saanich East
Guest Accommodations, Storage Shed, Workshop
Lot Features Of 2229 Arbutus, Arbutus, Saanich East
Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks
Location Features:
Basement, Transit Nearby, See Remarks
Listed by The Agency.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 1047741
- Bedrooms: 6
- Bathrooms: 5
- Type: House
- Square Feet: 3,693 sqft
- Lot Size: 23,663 sqft
- Taxes: $9,216 (2026)
- Parking: 8 Driveway, Garage Double
- Fireplaces: 2
- Year Built: 1955
- Style: Arts & Crafts, Cape Cod
- Warranty: false
More About Arbutus, Saanich East
lattitude: 48.47781295
longitude: -123.30693153
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