63
$1,698,000 Sale
Listed 4 hours ago
2229 Arbutus Rd E
· 6
· 5
· 2
· 3693
Key Facts
Key facts for 2229 Arbutus Rd E
Property Type
House, Arts & Crafts,Cape Cod
Parking
2 garage, Driveway,Garage Double
MLS #
1053554
Size
3693 sqft
Basement
Full,Walk-Out Access,With Windows
Listed on
-
Lot size
-
Tax
$9,215.80 /yr
Days on Market
-
Year Built
1955
Maintenance Fee
-
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!
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Listing courtesy of: The Agency

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