7 hours on Market

4012 RAINBOW STREET, Saanich, British Columbia V8X2A8

Detached
3 + 3
4
~2787 sqft
$1,299,000
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Detached
3 + 3
4
~2787 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$466/sqft

Monthly cost

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Description

Welcome to 4012 Rainbow Street, a beautifully designed home that perfectly balances comfortable family living with outstanding rental income opportunities. Ideally located in one of Saanich's most desirable neighbourhoods Swan Lake, this versatile property offers three separate suites—ideal for multigenerational living or savvy investors. The main suite features a bright, open-concept layout with three spacious bedrooms and two bathrooms. The modern kitchen flows seamlessly into the dining and living areas, creating a warm, inviting space for entertaining or family gatherings. Step out onto the expansive west-facing deck to enjoy stunning sunsets and peaceful views—a true extension of your living space. Downstairs, the two-bedroom suite mirrors the same open-concept design, providing plenty of natural light and a sense of spacious comfort. With its own large west-facing deck, this suite is perfect for tenants or extended family who appreciate outdoor living and privacy. The bachelor suite offers a fantastic opportunity for extra passive income or a convenient space for a student or young professional. Compact yet efficient, it provides everything needed for comfortable independent living. Additional highlights include modern finishes throughout, ample parking, and proximity to parks, schools, shopping, and transit. Whether you’re looking for a family home with mortgage helpers or a solid investment property, 4012 Rainbow Street delivers flexibility, lifestyle, and financial potential in one outstanding package. (id:39198)


Property Details

StyleHouse
ViewMountain view
Age of property2005
SqFt~2787 SqFt
Lot Size-
Parking Spaces4
MLS ®Number1020547
Community NameNorth Quadra
Data SourceCREA
Listing byRE/MAX Generation - The Neal Estate Group

Features

Heating: Baseboard heaters, Electric, Natural gas

Lower level Floor

Utility room

21 x 15

Utility room

22 x 14

Utility room

29 x 15

Living room

15 x 11


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Nov 15, 2025
ListedActive
$1,299,000
7 hours on market
history photo preview74
Listing by crea®
Property listed by RE/MAX Generation - The Neal Estate Group, Brokerage
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Population and Demographics

Overview

Total population 5886
Average household income $129,370

Age (%)

0 to 19
19%
20 to 34
21%
35 to 49
20%
50 to 64
21%
65 and plus
20%

Household composition (%)

Single family
64%
Single person
27%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
80%
Others
5%
Yue (Cantonese)
4%
Punjabi (Panjabi)
4%
Mandarin
3%
Tagalog (Pilipino, Filipino)
2%

House tenancy (%)

Owners
70%
Renters
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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