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FIND OUT MORE ABOUT 2229 ARBUTUS ROAD EAST, SAANICH BRITISH COLUMBIA V8N1V2 (MLS® #1053554)
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+5 more
2229 Arbutus Road East, Saanich, British Columbia
$1,698,000
6
Beds
5.0
Baths
3,693
Square feet
0.5400
Acres
About 2229 Arbutus Road East
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:66920)
Key Features
Washer
Refrigerator
Range - Electric
Dishwasher
Dryer
Microwave
Central location
Park setting
Private setting
Wooded area
See remarks
Other
Cape Cod
Ocean view
Garage
Heat Pump
Baseboard heaters
Forced air
Wood
Air Conditioned
See Remarks
House
Open House
Sat, May 30th, 2026 @ 2pm - 4pm
No RSVP required. Drop in anytime during the open house window.
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