2229 Arbutus Rd E,Saanich, BC V8N1V2
Saanich, BC V8N1V2
Description
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. (id:13843)
Details
| MLS # | 1047741 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1955 |
| Days On Site | 52 |
| Listing Provided By | The Agency | Kristopher Ricci |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,693 |
| Garage | 8 |
| Zoning | Residential |
| Acreage | 0.54 |
| Property View | Ocean view |
Interior
| Cooling | Air Conditioned, See Remarks |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Forced air, Wood |
| Appliances | Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
Exterior
| Lot Features | Central location, Park setting, Private setting, Wooded area, See remarks, Other |
|---|
Parking
| Parking Features | Garage |
|---|---|
| Parking Total | 8 |
Taxes
| Tax Annual Amount | 9216 |
|---|---|
| Tax Lot | NW2 |
Area Information
| Province | BC |
|---|---|
| City | Saanich |
| Postal Code | V8N1V2 |
| Listing VS Median (in V8N1V2) | |
Price: $1,698,000 low | high Med: $1,698,000 sqft: 3,693 low | high Med: 3,693 $ / sqft: $460 low | high Med: $460 On site: 52 low | high Med: 52 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Saanich |
| Postal Code | V8N1V2 |
| Listing VS Median (in V8N1V2) | |
Price: $1,698,000 low | high Med: $1,698,000 sqft: 3,693 low | high Med: 3,693 $ / sqft: $460 low | high Med: $460 On site: 52 low | high Med: 52 | |
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