For Sale: 2229 E Arbutus Road, Saanich, BC - REW
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$1,788,000
6 bd 5 ba 3693 sf House

2229 Arbutus Road ESaanich, BC, V8N 1V2

Arbutus
  • 6 Bed
  • 5 Bath
  • 3693 Sqft
  • House

About this home

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!
Listed by: Kristopher Ricci, The Agency

Home facts and features

Price details
List Price
Gross Taxes for 2026
$9,216
Home facts
Bedrooms
6
Full Bathrooms
5
Parking Spaces
8
Parking Details
Driveway, Garage Double
Property Type
House
Lot Size
23663 ft²
Year Built
Built in 1955 (71 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood,Insulation All,Stucco,See Remarks
Heating Type
Baseboard, Forced Air, Heat Pump, Wood
Cooling
Air Conditioning, Other
Basement Details
Full,Walk-Out Access,With Windows
Features
Central Location, Easy Access, Family-oriented Neighbourhood, Fireplace: Electric,wood Burning, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, See Remarks, Wooded Lot
Amenities
Dining/living Combo, Eating Area, Primary Bedroom On Main, Recreation Nearby, Shopping Nearby
Appliances
Dishwasher, Dryer, Microwave, Oven/range Electric, Range Hood, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
The Agency
Secondary Agent
Secondary Broker
The Agency
Listing details
Days on REW
1 Day
MLS® Number
1047741
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Mount Douglas Secondary School
  • Public
  • 9 - 12
  • In Catchment
Frank Hobbs Elementary School
  • Public
  • K - 5
  • In Catchment
Arbutus Global Middle School
  • Public
  • 6 - 8
Maria Montessori Academy
  • Independent
  • K - 12
ArtsCalibre Academy
  • Independent
  • K - 6
Gordon Head Middle School
  • Public
  • 6 - 8
Cedar Hill Middle School
  • Public
  • 6 - 8
St Michaels University School
  • Independent
  • 6 - 12
Lansdowne Middle School
  • Public
  • 6 - 8
Artemis Place Secondary School
  • Independent
  • 10 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-02.
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