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2229 Arbutus Rd, Saanich
Arbutus · Single Family Residence · MLS® 1053554 · Listed Nov 3, 2026
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 Type | Single Family Residence |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Interior | 3,693 sqft |
| Lot Size | 23,663 sqft (0.54 acres) |
| 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 |
| Parking | 10 spaces (2 garage) |
| Year Built | 1955 |
| Fireplaces | 2 |
| Heating | Baseboard, Forced Air, Heat Pump, Wood |
| Basement | Full, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Insulation All, Stucco, See Remarks |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Laminate, Linoleum, Tile |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $9,215.8 (2026) |
| Laundry | In House |
| Extras | Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer |
| MLS® # | 1053554 |
| Brokerage | The Agency |
For sale now at $1,698,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
29 sales in Arbutus in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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29 sales in Arbutus in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Arbutus single-family averages, updated daily. See Arbutus market stats or Saanich market stats.
It is listed at $1,698,000.
A Single Family Residence in SE Arbutus, Saanich with 6 bedrooms, 5 bathrooms, 3,693 sqft, built in 1955.
It has 8 parking spaces (Driveway, Garage Double).
The lot is 23,663 sqft (0.54 acres).
Saanich is currently a seller's market: median sold price $1,450,000, 2 months of inventory, homes typically selling in about 42 days.
There are 6 houses for sale in Arbutus right now. Browse all Arbutus houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Arbutus is $1,450,000, based on 29 sales over the past 12 months. The median price per square foot is $604. Compare asking prices across the houses currently for sale in Arbutus.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Nov 10, 2026.
