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2229 E Arbutus Rd
Saanich
V8N 1V2
$1,788,000
Residential
beds: 6
baths: 5.0
3,693 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1047741
- Bedrooms:
- 6
- Bathrooms:
- 5
- Year Built:
- 1955
- Photos (63)
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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!
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1955 (Age: 71)
- Living Area:
- 3,693 sq. ft.
- Listing General Location:
- SE Arbutus, Saanich East
- Bedrooms:
- 6
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Size:
- 0.543 acre(s)
- Kitchens:
- 3
- Home Style:
- Arts & Crafts, Cape Cod
- Building Features:
- Basement, Transit Nearby, See Remarks
- Construction:
- Frame Wood, Insulation All, Stucco, See Remarks
- New Construction:
- No
- Basement:
- Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Other Structures:
- Guest Accommodations, Storage Shed, Workshop
- Floor finish:
- Carpet, Hardwood, Laminate, Linoleum, Tile
- Total Building Area:
- 4,274 sq. ft.
- Total Unfinished Area:
- 581 sq. ft.
- # Bedrooms or Dens Total:
- 6
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 3
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,196 sq. ft.
- Living Area Main Floor:
- 1,920 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 577 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Electric, Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- Air Conditioning, Other
- Heating:
- Baseboard, Forced Air, Heat Pump, Wood
- Fireplace:
- Yes
- Warranty:
- No
- Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer
- Dining/Living Combo, Eating Area
- Blinds, Garden Window(s), Screens, Vinyl Frames
- Balcony/Deck, Garden, Sprinkler System, See Remarks
- Ocean, Other
- Gordon Head Rd-turn right on Arbutus Rd
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- District of Saanich (SD61)
- Zoning:
- RS12
- Accessibility:
- Primary Bedroom on Main
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 2
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 1
- Other Equipment:
- Security System, Other Improvements
- Occupancy:
- Tenant
- Property Condition:
- Contact List Licensee, Updated/Remodeled
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 2
- Garage:
- Yes
- Parking Features:
- Driveway, Garage Double
- Total Parking Spaces:
- 8
- Road Surface Type:
- Paved
- Date Listed:
- Sep 02, 2026
- Original Price:
- 1788000.0
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Listed by The Agency
Data was last updated September 2, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,500,000
- Min list price:
- $829,900
- Max list price:
- $5,125,000
- Avg days on market:
- 76
- Min days on market:
- 21
- Max days on market:
- 120
- Avg price per sq.ft.:
- $516.52
These statistics are generated based on the current listing's property type
and located in
SE Arbutus. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MIKE SHARPE, PREC. (CPI)
- Realtor, The Agency - Victoria
- 1 (250) 592-0039
- mike@mikesharpe.ca
Quick Links
Contact Me
Direct: (250) 592-0039
Office: (778) 265-5552
mike@mikesharpe.ca
The Agency - Victoria
2225 Oak Bay Ave
Victoria, BC V8R 1G4