A wonderful home plus revenue! Offering ocean views and a forested back yard, this multi-residence property is just moments from UVic, Arbutus Cove Park and other attractions. Set on a 23,663 sq ft (.543 acre) lot, this total 3,505 sf, 6 bd plus flex room, 4.5 ba, 3-kitchen residence includes three dwellings: a 1,648 sf 2-bd, 2 ba main residence, 1,187 sf 2 bd, 1.5 ba adjoining authorized garden house, and a 782 sf unauthorized 2b, 1 ba basement suite. Connecting passageways enable contiguous living space or use as separate quarters. Renovated main residence features new windows, cove ceilings, fireplace, hardwood floors, contemporary kitchen, updated roof and exterior finishings, and water views from LR and front deck. Mature garden includes flowering Magnolia and other trees. Parking for 8 vehicles. Detached 2-car garage and other areas provide ample storage. Set amid two large properties with older homes, 2229 Arbutus offers significant future assembly / redevelopment potential.