Virtual Tour

2229 Arbutus Rd Saanich, BC V8N 1V2 Open Sat 2PM-4PM

UPDATED: 09/02/2026 05:03 PM ON MARKET: 1 days on market

$1,788,000

6 Beds5 Baths3,693 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,693 sqft

Price per Sqft $484

MLS Listing ID 1047741

Style Main Level Entry with Lower Level(s)

Bedrooms 6

Three Quarter Bath 2

HOA Y/N No

Year Built 1955

Annual Tax Amount $9,216

Tax Year 2026

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Single Family Residence

Property 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!