Single Family Residence home located in Saanich East
MLS #1047741
Listed by The Agency
- Built in: 1955
- Type: Residential
- Style: Arts & Crafts, Cape Cod,
- Interior Features: Dining/Living Combo, Eating Area,
- Exterior Features: Balcony/Deck, Garden, Sprinkler System, See Remarks,
- Cooling: Air Conditioning, Other,
- Heating: Baseboard, Forced Air, Heat Pump, Wood,
- Fireplaces: 2
- Appliances: Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer,
- Basement: Full, Walk-Out Access, With Windows,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.54 acres
- Total Parking: 8
- Parking Features: Driveway, Garage Double,
- Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Wooded, See Remarks,
- View: Array
- Zoning: RS12
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!