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2229 E Arbutus Rd in Saanich: SE Arbutus Single Family Residence for sale (Saanich East) : MLS®# 1047741

2229 E Arbutus Rd Saanich V8N 1V2 : SE Arbutus

Main Photo: 2229 E Arbutus Rd in Saanich: SE Arbutus Single Family Residence for sale (Saanich East)  : MLS®# 1047741banner
$1,788,000
Prop. Type:
Residential
MLS® Num:
1047741
Status:
Active
Bedrooms:
6
Bathrooms:
5
Year Built:
1955
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)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure3,693 sq. ft.
Listing General Location:
SE Arbutus, Saanich East
Bedrooms:
6
Bathrooms:
5.0 (Full:-/Half:-)
Lot Size:
Switch units of measure0.543 acre(s)
Kitchens:
3
Home Style:
Arts & Crafts, Cape Cod
Taxes:
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
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Hardwood, Laminate, Linoleum, Tile
Total Building Area:
Switch units of measure4,274 sq. ft.
Total Unfinished Area:
Switch units of measure581 sq. ft.
Commercial Area:
# 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:
Switch units of measure1,196 sq. ft.
Living Area Main Floor:
Switch units of measure1,920 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure577 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 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
Pending Date:
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
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Other
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Main Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
RS12
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
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
Total Units:
Date Listed:
Sep 02, 2026
Original Price:
1788000.0
Listed by The Agency
Data was last updated September 2, 2026 at 10:05 PM (UTC)
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.