Listed price in listed location currency (CAD).
$1,788,000

658

MLS® 1047741

  • Property Details
  • Map

Description

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!

Key Facts

Type Single Family Residence
Levels Residential
Size 3693 sqft
Garage Yes
Taxes $9,216
Days Active 0
Lot Size 0.54 Acres
Approx. Age 1955
Avg. Price Per Sqft $484
MLS® Number 1047741
Central VacNo
FireplaceYes
GarageYes
Approx. Age1955
BasementFull, Walk-Out Access, With Windows
DrivewayDriveway, Garage Double
HeatBaseboard, Forced Air, Heat Pump, Wood
A/CAir Conditioning, Other

Additional Information

Zoning RS12
Siding Stucco, See Remarks
Windows Blinds, Garden Window(s), Screens, Vinyl Frames
Equipment Security System, Other Improvements
Landscaping Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 2, 2026List Date
$1,788,000List Price

Home Appraisal

This property is estimated to sell between: $1,674,000 and $1,845,000.
Similar properties in this area sold on average for: $1,674,500
Expected to sell in 43 days. Similar properties sold in 43 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
2229 Arbutus Rd E, Saanich, BC

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