A wonderful home plus revenue! Offering ocean views and a forested back yard, this multi-residence property is just moments from UVic, Arbutus Cove Park and other attractions. Set on a 23,663 sq ft (.543 acre) lot, this total 3,505 sf, 6 bd plus flex room, 4.5 ba, 3-kitchen residence includes three dwellings: a 1,648 sf 2-bd, 2 ba main residence, 1,187 sf 2 bd, 1.5 ba adjoining authorized garden house, and a 782 sf unauthorized 2b, 1 ba basement suite. Connecting passageways enable contiguous living space or use as separate quarters. Renovated main residence features new windows, cove ceilings, fireplace, hardwood floors, contemporary kitchen, updated roof and exterior finishings, and water views from LR and front deck. Mature garden includes flowering Magnolia and other trees. Parking for 8 vehicles. Detached 2-car garage and other areas provide ample storage. Set amid two large properties with older homes, 2229 Arbutus offers significant future assembly / redevelopment potential.
Address
2229 Arbutus Rd
List Price
$2,375,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Cape Cod
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Arbutus
Bedrooms
6
Bathrooms
5
Floor Area
3,505 Sq. Ft.
Lot Size
23663 Sq. Ft.
Lot Size (Acres)
0.54 Ac.
Year Built
1955
MLS® Number
1022157
Listing Brokerage
Engel & Volkers Vancouver Island
Basement Area
Full, Walk-Out Access, With Windows
Postal Code
V8N 1V2
Tax Amount
$8,691.43
Tax Year
2025
Features
Baseboard, Blinds, Carpet, Dishwasher, Eating Area, F/S/W/D, Forced Air, Hardwood, Heat Pump, Laminate, Linoleum, Microwave, Screens, Security System, Tile, Wood
Amenities
Guest Accommodations, Landscaped, Primary Bedroom on Main, Private, Sprinkler System, Storage Shed, Wooded