C$1,788,000

2229 Arbutus Rd E, Saanich BC, V8N 1V2

Price per sqftC$484.16

Built in1955

Property size3,693 sqft

Property typeResidential

Courtesy of The Agency

Overview

Active

Listed Sep 2, 2026

Updated 3 weeks ago

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!

Additional information

MLS^® ID: 1047741

Interior Features

Bedrooms: 6
Bathrooms: 5
Fireplace: Yes
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.54 Acres

Other Property Details

Taxes: $9,216
Tax Frequency: Annually
Garage: Yes
View: Yes
Pets Allowed: Yes

Courtesy of The Agency, Kristopher Ricci

Listing Contact: 778-966-7441

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