2229 Arbutus Rd E Saanich, BC V8N 1V2
Listing Courtesy of: VIVA / Listed By: Kris Ricci, Victoria; Sarah Binab, The Agency Victoria

  2229 Arbutus Rd E Saanich, BC V8N 1V2

Active
$1,283,339 (USD)
6
BED
5
BATH
3,693
SQFT

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!

MLS #:
1047741
Taxes
$9,216(2026)
Lot Size
0.54 acres
Type
Single-Family Home
Year Built
1955
Style
Arts & Crafts, Cape Cod
Views
Ocean, Other
County
Capital Regional District

Listed By

Kris Ricci, Victoria
Sarah Binab, Victoria
Source
VIVA
Last checked Sep 2 2026 at 1:48 PM GMT+0000
Bathroom Details
Interior Features
  • Dining/Living Combo
  • Laundry: In House
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Windows: Blinds
  • Eating Area
  • Oven/Range Electric
  • Range Hood
  • Windows: Vinyl Frames
  • Windows: Screens
  • Windows: Garden Window(s)
Lot Information
  • Private
  • Central Location
  • Family-Oriented Neighbourhood
  • Recreation Nearby
  • Landscaped
  • Wooded
  • Quiet Area
  • Shopping Nearby
  • Park Setting
  • Near Golf Course
  • Easy Access
  • See Remarks
Property Features
  • Fireplace: 2
  • Fireplace: Electric
  • Fireplace: Wood Burning
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard
  • Forced Air
  • Heat Pump
  • Wood
  • Air Conditioning
  • Other
Basement Information
  • Walk-Out Access
  • With Windows
  • Full
Flooring
  • Carpet
  • Laminate
  • Hardwood
  • Tile
  • Linoleum
Exterior Features
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer to Lot
Garage
  • Garage
Parking
  • Garage Double
  • Driveway
  • Total: 8
Living Area
  • 3,693 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by The Agency and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Victoria Real Estate Board. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/2/26 06:48