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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Kristopher Ricci The Agency

$ 1,788,000

Est. payment | -/mo

6 Beds

5 Baths

4,274 SqFt

Save Virtual Tour

$ 1,788,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

5 Baths

4,274 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,274 sqft

Price per Sqft $418

MLS Listing ID 1047741

Style Main Level Entry with Lower Level(s)

Bedrooms 6

Three Quarter Bath 2

HOA Y/N No

Year Built 1955

Annual Tax Amount $9,216

Tax Year 2026

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Single Family Residence

Property 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!

Location

Province BC

County Capital Regional District

Community Se Arbutus

Area Saanich East

Zoning RS12

Direction Gordon Head Rd-turn right on Arbutus Rd

Rooms

Kitchen 3

Interior

Interior Features Dining/Living Combo, Eating Area

Heating Baseboard, Forced Air, Heat Pump, Wood

Cooling Air Conditioning, Other

Flooring Carpet, Hardwood, Laminate, Linoleum, Tile

Fireplaces Number 2

Fireplaces Type Electric, Wood Burning

Equipment Security System, Other Improvements

Fireplace Yes

Window Features Blinds,Garden Window(s),Screens,Vinyl Frames

Appliance Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer

Laundry In House

Exterior

Exterior Feature Balcony/Deck, Garden, Sprinkler System, See Remarks

Parking Features Driveway, Garage Double

Garage Spaces 8.0

Garage Description 2

View Y/N Yes

View Ocean, Other

Roof Type Asphalt Shingle

Street Surface Paved

Accessibility Primary Bedroom on Main

Total Parking Spaces 8

Garage Yes

Building

Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks

Foundation Concrete Perimeter

Sewer Sewer To Lot

Water Municipal

Architectural Style Arts & Crafts, Cape Cod

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Restrictions ALR: No

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Special Listing Condition Contact List Licensee, Updated/Remodeled

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Virtual Tour https://listings.platinumcreativestudios.com/2229arbutusrd

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.

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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2229 Arbutus Rd Saanich, BC V8N 1V2