Property Attributes
- MLS#1047741
- TypeSingle Family
- Listing Status Active
- CitySaanich
- AreaSaanich East
- NeighbourhoodSE Arbutus
- Postal CodeV8N 1V2
- StyleArts & Crafts,Cape Cod
- Year Built1955
- Taxes$ 9216
- Price$ 1,788,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3693
- Lot Size0.54 Acres
Data Source:
Victoria Real Estate Board (VREB)
Property Description
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!
General Features
| Living Area | 3693.00 |
|---|---|
| Sewer | Sewer To Lot |
| Heating | Baseboard,Forced Air,Heat Pump,Wood |
| Cooling | Air Conditioning,Other |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Dryer,Microwave,Oven/Range Electric,Range Hood,Refrigerator,Washer |
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Zoning | RS12 |
| Number of Garage Spaces | 2 |
| Architectural Style | Arts & Crafts,Cape Cod |
| View | Ocean,Other |
| Property Subtype | Single Family Detached |
| Accessibility Features | Primary Bedroom on Main |
| Property Type | Residential |
| Parking Total | 8 |
| Construction Materials | Frame Wood,Insulation All,Stucco,See Remarks |
| Zoning Type | Residential |
| Bathrooms Count Main Level | 3 |
| Ensuite 4 Piece Total | 1 |
Interior Features
| Interior Features | Dining/Living Combo,Eating Area |
|---|---|
| Basement | Full,Walk-Out Access,With Windows |
| Flooring | Carpet,Hardwood,Laminate,Linoleum,Tile |
| Basement Y/N | Yes |
| Fireplace Features | Electric,Wood Burning |
| Total Units | 3 |
| Fireplaces Total | 2 |
| Total Kitchens | 3 |
| Fireplace | Yes |
| Window Features | Blinds,Garden Window(s),Screens,Vinyl Frames |
| Laundry Features | In House |
| Living Area Third | 0.00 |
| Living Area Second | 577.00 |
| Living Area Other | 0.00 |
| Living Area Main | 1920.00 |
| Living Area Lower | 1196.00 |
| Kitchens Count Main Level | 2 |
| Kitchens Count Lower Level | 1 |
| Building Area Unfinished | 581.00 |
| Bedrooms Or Dens Total | 6 |
| Bedrooms Count Second Level | 2 |
| Bedrooms Count Main Level | 2 |
| Bedrooms Count Lower Level | 2 |
| Bathrooms Count Lower Level | 1 |
| Bathrooms Count Second Level | 1 |
| Bath 4 Piece Total | 1 |
| Bath 3 Piece Total | 2 |
| Bath 2 Piece Total | 1 |
| Basement Height Feet | 7 |
| Basement Height Inches | 1 |
Exterior Features
| Building Features | Basement,Transit Nearby,See Remarks |
|---|---|
| Exterior Features | Balcony/Deck,Garden,Sprinkler System,See Remarks |
| Lot Features | Central Location,Easy Access,Family-Oriented Neighbourhood,Landscaped,Near Golf Course,Park Setting,Private,Quiet Area,Recreation Nearby,Shopping Nearby,Wooded Lot,See Remarks |
| Other Structures | Guest Accommodations,Storage Shed,Workshop |
| Water Source | Municipal |
| Parking Features | Driveway,Garage Double |
| Foundation | Poured Concrete |
| Building Area Total | 4274.00 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 23663.00 |
| Lot Size Acres | 0.54 |
| View YN | Yes |
| Driveway YN | Yes |
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
In The Neighbourhood
Saanich
$ 1,159,000
- Type
- Single Family
- Size
- 1,137 SqFt
- Rooms
- 4 Beds + 2 Baths
Saanich
$ 1,350,000
- Type
- Single Family
- Size
- 2,665 SqFt
- Rooms
- 5 Beds + 4 Baths
Saanich
$ 1,300,000
- Type
- Single Family
- Size
- 1,417 SqFt
- Rooms
- 3 Beds + 2 Baths
Saanich
$ 1,895,000
- Type
- Single Family
- Size
- 4,228 SqFt
- Rooms
- 4 Beds + 3 Baths
Saanich
$ 5,125,000
- Type
- Single Family
- Size
- 6,641 SqFt
- Rooms
- 5 Beds + 5 Baths
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing