A wonderful home plus revenue! Offering ocean views and a forested back yard, this multi-residence property is just moments from UVic, Arbutus Cove Park and other attractions. Set on a 23,663 sq ft (.543 acre) lot, this total 3,505 sf, ~7 bd, 4.5 ba, 3-kitchen residence includes three dwellings: a 1,648 sf 2+ bd, 2 ba main residence, 1,187 sf 2 bd, 1.5 ba adjoining authorized garden house, and a 782 sf unauthorized 2b, 1 ba basement suite. Connecting passageways enable contiguous living space or use as separate quarters. Renovated main residence features new windows, cove ceilings, fireplace, hardwood floors, contemporary kitchen, updated roof and exterior finishings, and water views from living room and front deck. Mature garden includes flowering Magnolia and other trees. Parking for 8 vehicles. Detached 2-car garage and other areas provide ample storage. Set amid two large properties with older homes, 2229 Arbutus offers significant future assembly / redevelopment potential.
Data was last updated December 22, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
378
Avg list price:
$1,182,500
Min list price:
$265,000
Max list price:
$10,500,000
Avg days on market:
71
Min days on market:
1
Max days on market:
1,421
Avg price per sq.ft.:
$637.65
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations. This data is not produced by the MLS® system.