Set on a spacious, landscaped lot, this well-maintained 1950s home offers four fully self-contained units—a versatile property with plenty of options for multi-generational living, rental income, or long-term flexibility. The main level features a thoughtfully updated kitchen with new cabinetry, countertops, and appliances, along with refreshed bathrooms and bright, comfortable living areas. A spacious patio off the kitchen and dining area creates an ideal space for outdoor entertaining or everyday use. On the lower level, two self-contained bachelor suites each enjoy private entrances. The former garage has been converted into a one-bedroom garden suite, completing a layout that’s well-suited for long-term rentals or multi-generational living. With strong income potential and a central location close to UVic, transit, shopping, and everyday amenities, this is a compelling opportunity in one of the city’s most consistently desirable neighbourhoods.
Address
1515 Arrow Rd
List Price
$1,399,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
sale
Area
Saanich East
Sub-Area
SE Mt Doug
Bedrooms
3
Bathrooms
4
Floor Area
2,453 Sq. Ft.
Lot Size
11761.2 Sq. Ft.
Lot Size (Acres)
0.27 Ac.
Year Built
1955
MLS® Number
993426
Listing Brokerage
Pemberton Holmes Ltd. - Oak Bay
Basement Area
Finished, Full, Walk-Out Access, With Windows
Postal Code
V8N 1C3
Tax Amount
$5,758.01
Tax Year
2024
Features
Baseboard, Dishwasher, Electric, F/S/W/D, Heat Pump, Laminate
Amenities
Central Location, Landscaped, Private, Southern Exposure