2229 Arbutus Rd | $1,788,000 | MLS® 1047741
Mike Pearce* Agent Photo
Mike
Pearce*
P. (778) 433-8885
 Phone Mike
ENGEL & VOLKERS VANCOUVER ISLAND
735 Humboldt St
 Victoria, BC
 Canada V8W 1B1
MLS® 1047741

Details

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Years (35 year max)
Years



Address 2229 Arbutus Rd
AreaSaanich East
Sub AreaArbutus
Postal CodeV8N 1V2
State/ProvinceBritish Columbia
CountryCanada
Price$1,788,000
Property TypeSingle Family
Bedrooms6
Bathrooms5
Floor Space3693 Square Feet
Lot Size23663.00 Square Feet
WaterfrontNo
Year Built1955
ParkingDriveway, Garage Double
Parking Spaces8
Taxes $9,216
Tax Year2026
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!

Listed by THE AGENCY

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.