Property Type: Detached HouseOwnership: Freehold

2226 Arbutus Rd

Saanich, BC V8N1V3

$5,125,000

5 bed5 bath3 parking6,641 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Lot size
1.36 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$26,538.68

Interior

Heating
Heat Pump, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
PatioLower level
PatioLower level
PatioLower level
PatioLower level
MediaLower level
DenLower level
Recreation roomLower level
BathroomLower level4-Piece
BedroomLower level
BedroomLower level
OtherMain level
BedroomMain level
BedroomMain level
BathroomMain level4-Piece
EnsuiteMain level3-Piece
PantryMain level
KitchenMain level
Eating areaMain level
Family roomMain level
Dining roomMain level
Living roomMain level
Primary BedroomMain level
EnsuiteMain level5-Piece
Laundry roomMain level
BathroomMain level2-Piece
Hobby roomMain level
EntranceMain level

Listing Information

MLS®
1043401
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

An extraordinary gated oceanfront estate offering over 6,600 sq. ft. of timeless West Coast luxury on a beautifully landscaped waterfront setting with panoramic views of Mt. Baker and the San Juan Islands. Thoughtfully designed for effortless main-level living, this exceptional residence features a stunning ocean-facing primary suite, executive office, elegant living and dining rooms, and an open-concept family room anchored by a gourmet kitchen with premium appliances, expansive prep space, butler's pantry, and seamless access to a covered ocean view terrace with built-in heaters, perfect for year-round entertaining. The walk-out lower level is designed for family and guests alike, offering a home theatre with wet bar, games room, fitness room, wine cellar, and private guest accommodations. Rich custom millwork, built-ins, wide-plank oak flooring, and walls of glass create a warm yet sophisticated atmosphere throughout. Complete with a triple garage, built in BBQ station, putting green, a shoreline viewing deck, and exceptional privacy, this is a rare opportunity to enjoy refined coastal living. (id:63159)

Values & Trends

This listing

$772/sqft

Building average

No other active listings in this building

Arbutus average

$689/sqft

7 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

13°C

Humidity 83%

Wind WNW 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Arbutus Global Middle SchoolElementary823 m
Hillcrest ElementaryElementary964 m
Maria Montessori Academy(Independent)Elementary1.2 km
Mount Douglas SecondarySecondary1.3 km
ArtsCalibre Academy(Independent)Elementary/Middle1.3 km
Frank Hobbs ElementaryElementary1.5 km
Torquay ElementaryElementary1.6 km
Gordon Head Middle SchoolElementary1.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (5+)

  • Arbutus Cove Park119 m
  • Gordon Head East Park340 m
  • Hollydene Park396 m
  • Montague Park647 m
  • Gordon Head North Park686 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,025,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,100,000.00
Periodic payment — Principal & Interest (monthly)$26,451.81
Additional monthly expenses (strata, tax, utilities, etc.)$2,543.56
Total monthly cost$28,995.37
Interest paid over 5-yr term$1,175,071.79
Balance at end of term$3,687,963.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,025,000
Stress test qualifying rate8.09%
Payment you must qualify for$31,527.56

Cash Needed at Closing

Minimum down payment$1,025,000
Estimated BC PTT$174,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,200,750

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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