2229 Arbutus E Rd, Saanich, BC V8N 1V2

$1,788,000
6
BD
5
BA
3,693
SqFt

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Courtesy of The Agency

List Price
$1,788,000
Status
ACTIVE
MLS®
1047741
Property Type
Single Family Residential
Year Built
1955
Style
Arts & Crafts, Cape Cod
Bedrooms
6
Total baths
5
Living Area
3,693
Acres
0.54
Lot Size
23,663
District
Saanich
Neighbourhood
Se Arbutus

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!

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks
Heating
Baseboard, Forced Air, Heat Pump, Wood
Flooring
Carpet, Hardwood, Laminate, Linoleum, Tile
Roof
Asphalt Shingle
Parking Spaces
8
Exterior Features
Balcony/Deck, Garden, Sprinkler System, See Remarks
Interior Features
Dining/Living Combo, Eating Area
Parking Type
Driveway, Garage Double
Kitchens
3
Laundry Feature
In House
Fireplace Description
Electric, Wood Burning
Taxes
$9,216
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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