Water Views - Primary on Main
Address
2229 Arbutus Rd E, Saanich, BC
Price
$ 1,788,000
Property Attributes
  • ID#1047741
  • TypeSingle Family
  • Listing Status Active
  • MunicipalitySaanich
  • CitySaanich
  • AreaSaanich
  • NeighbourhoodArbutus
  • Postal CodeV8N 1V2
  • StyleCape Cod, Other
  • Year Built1955
  • Price$ 1,788,000
  • Bedrooms6
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3693
  • Lot Size0.54 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property 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:7434)

General Features

Features Central location, Park setting, Private setting, Wooded area, See remarks, Other
Property Type Single Family
Zoning Description RS12
ZoningType Residential
Neighbourhood Arbutus
Building Appliances Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Building Architectural Style Cape Cod, Other
Building Cooling Type Air Conditioned, See Remarks
Parking Space Total 8
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present True
Building Fireplace Total 2
Building Heating Type Baseboard heaters, Forced air, Heat Pump
Building Heating Fuel Wood
Living Area Range 3693
Bedrooms 6

Exterior Features

Structure Shed, Workshop, Patio(s)
ViewType Ocean view

Room Details

Room Dimensions Level Flooring Details
Bathroom 2-Piece Auxiliary Building
Bedroom 11 ft x Measurements not avail Auxiliary Building
Dining room 8'2 x 8'3 Auxiliary Building
Ensuite 4-Piece Main level
Entrance Measurements not available x 5 Main level 5 ft
Family room 18 ft x Measurements not avail Lower level
Kitchen 8'3 x 11'10 Auxiliary Building
Living room 9'7 x 18'3 Auxiliary Building
Living room/Dining room 12'3 x 12'6 Lower level
Mud room 15' x 9' Main level
Patio 18'7 x 13'6 Main level
Primary Bedroom 13'4 x 14'3 Auxiliary Building
Storage Measurements not available x 2 Lower level 29 ft
Utility room 10'9 x 8'9 Lower level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V8N 1V2

Price
AVG $1.79M
$1.79M
Year Built
AVG 1955
1955

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