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2202 Arbutus Road, Arbutus Saanich

Price

$2,395,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2675 sqft

Year Built1973

Property TypeDetached Home

Property Taxes$8,948

Description

A rare and desirable offering for your consideration - a large (0.53 acres), deep garden lot with fruit trees and a myriad of plantings awaits your creative touch set amongst this established and convenient Arbutus neighbourhood, near to UVic, Cadboro Bay, local shops, walking trails, and the oceanfront. Distant views accompany the property, along with mature fir trees and a circular drive. The 1973 split level home features 3 bedrooms (primary bedroom with 3 piece E/S bathroom) on the main floor, a large living room with fireplace, adjacent dining room, kitchen, enclosed sunroom and large deck. The grade level lower lever features a large recreation room, den with fireplace, 4th bedroom, laundry and workshop. Ideal for the handyman who wishes to refurbish this classic home, create additional accommodation, hold and rent with ease, OR the developer looking for an opportunity to build new on this large, strategic property set amongst a neighbourhood of fine, established custom homes. (id:39198)

Listed By

The listing brokerage and/or agent is Newport Realty Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$9,350 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,916,000

Total Interest Payments

$1,181,331

Total Payment (Principal + Interest)

$3,097,331

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home