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For Sale

2229 Arbutus Rd E

2229 Arbutus Rd E, Saanich, BC V8N 1V2, CA

$1,788,000 CAD
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!

9/5/2026 2:00PM - 4:00PM PDT

6
beds

5
baths

3,693 Sq.Ft. LIVING AREA

0.54 Acres lot

Sarah Binab

Sarah Binab

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms5
  • Laundry room In House
  • Flooring Carpet, Hardwood, Laminate, Linoleum, Tile
  • Fireplace Electric, Wood Burning
  • APPLIANCES Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer
  • other interior Features Dining/Living Combo, Eating Area

Area & Lot

  • Status For Sale
  • OPEN HOUSE

    9/5/2026 2:00PM - 4:00PM PDT

  • Living Area3,693 Sq.Ft.
  • Total Area4,274 Sq.Ft.
  • Lot Area0.54 Acres
  • MLS® ID1047741
  • TypeResidential
  • YEAR BUILT1955
  • NeighborhoodSaanich East
  • Architecture StylesArts Crafts, Cape Cod
  • View DescriptionOcean, Other

Exterior

  • Garage Space2.0
  • water SourceMunicipal
  • roofAsphalt Shingle
  • lot featuresCentral Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks
  • parkingDriveway, Garage Double
  • HEAT TYPEBaseboard, Forced Air, Heat Pump, Wood
  • AIR CONDITIONINGAir Conditioning, Other
  • sewerSewer To Lot
  • SubstructureConcrete Perimeter
  • Disability FeaturesPrimary Bedroom on Main
  • other exterior FeaturesBalcony/Deck, Garden, Sprinkler System, See Remarks

Financial

  • Sales Price$1,788,000 CAD
  • Real Estate Tax $9,216 CAD/yr
  • Zoning RS12
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I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 2229 Arbutus Rd E, Saanich, BC V8N 1V2, CA. We are reviewing your request and will be in touch shortly!

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