Welcome to 2229 Arbutus Rd; where lifestyle, flexibility and income potential come together. Set on a private, beautifully landscaped .54 acre lot with meadow, mature gardens, forest and ocean views. This exceptional 6 bed/5 bath, nearly 3,700 sq/ft property offers a rare opportunity for families, extended families, multi generational living or savvy investors.
Meticulously cared for and lovingly maintained by the same family for nearly 25 years, this property reflects a great pride of ownership. Every improvement has been thoughtfully considered and completed to a high standard, creating a home that is truly special.
Designed to live comfortably while generating meaningful income, the property includes 3 separate living spaces + 3 kitchens, and potential for $100,000+ in rental revenue/yr. Live in one residence while additional suites help offset your mortgage, or enjoy the entire property to suit your needs. The robust income potential can make ownership much more attainable all the while building equity and benefiting from long term appreciation.
The main 1,550+ sq/ft, 3 bed/2 bath residence has been extensively renovated and upgraded from 2009–2025, including windows, roof, stucco, exterior finishes, kitchen, perimeter drains and front deck. The 1,400+ sq/ft, 2 bed/2 bath authorized Garden House was added in 2009, while the approximately 700 sq/ft, 2 bed/1 bath in-law suite was completed in 2023.
Enjoy expansive decks, mature gardens, spectacular Magnolia, abundance of privacy and a massive driveway ideal for vehicles, boats and RVs. The detached 2 car garage/workshop offers excellent storage and flexibility, while the substantial forested backyard may offer future potential for a large secondary dwelling (buyer to verify).
All this, just minutes from UVic, schools, transit routes, Arbutus Cove and the beach. An exceptional opportunity to secure a lifestyle property with multiple income streams, flexibility and significant future potential.
Address
2229 Arbutus Rd E
List Price
$1,788,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Arbutus
Bedrooms
6
Bathrooms
5
Floor Area
3,693 Sq. Ft.
Lot Size
23663 Sq. Ft.
Lot Size (Acres)
0.54 Ac.
Year Built
1955
MLS® Number
1047741
Listing Brokerage
The Agency
Basement Area
Full, Walk-Out Access, With Windows
Postal Code
V8N 1V2
Tax Amount
$9,216.00
Tax Year
2026
Features
Baseboard, Blinds, Carpet, Dining/Living Combo, Dishwasher, Dryer, Eating Area, Forced Air, Garden Window(s), Hardwood, Heat Pump, Laminate, Linoleum, Microwave, Other Improvements, Oven/Range Electric, Range Hood, Refrigerator, Screens, Security System, Tile, Vinyl Frames, Washer, Wood
Amenities
Balcony/Deck, Central Location, Easy Access, Family-Oriented Neighbourhood, Garden, Guest Accommodations, Landscaped, Near Golf Course, Park Setting, Primary Bedroom on Main, Private, Quiet Area, Recreation Nearby, See Remarks, See Remarks, Shopping Nearby, Sprinkler System, Storage Shed, Wooded, Workshop
