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This 6 bedroom, 5 bathroom single family is listed for sale at $1,788,000 in Saanich, British Columbia. The property offers 3693.00 square feet of living space. Built in 1955. Lot size: 23,522 sq ft (0.54 acres).MLS® #1047741.
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!
Property features include: Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the SE Arbutus neighborhood. Part of the Saanich East area.
Property Type
Single Family
Year Built
1955
Interior Size
3,693 sq ft
Lot Size
23,522 sq ft(0.54 acres)
Bedrooms
6
Bathrooms
5
Kitchens
Area
Saanich East
Neighborhood
Arbutus
Listed
Sep 2, 2026
MLS® Number
#1047741
View comprehensive market analysis for Arbutus Rd E including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Arbutus Rd E Market ReportWelcome 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!
Virtual Tour Available
This tour is hosted on the listing agent's website

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Saanich East community, including the Arbutus neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$10,440
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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