Welcome to 4012 Rainbow Street, a beautifully designed home that blends comfortable family living with strong rental income potential. Located in Saanich’s sought-after Swan Lake neighbourhood, this versatile property offers three self-contained suites, perfect for multigenerational living or investment. The main suite boasts an open-concept layout with three spacious bedrooms, two bathrooms, and a modern kitchen that flows into bright living and dining areas. Step onto the large west-facing deck to enjoy stunning sunsets. The lower-level two-bedroom suite features natural light, open living space, and its own private deck. A compact bachelor suite adds flexibility, ideal for a student or young professional. Stylish finishes, ample parking, and close proximity to parks, schools, shopping, and transit complete this exceptional offering. Whether used as a family home with mortgage helpers or as a full investment property, this home offers outstanding value and versatility.
General Info:
Property Type:
Residential
Type:
Single Family Residence
Year built:
2005
(Age: 21)
Living Area:
2,787 sq. ft. 259 m2
Listing General Location:
SE High Quadra, Saanich East
Bedrooms:
6
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
5,953 sq. ft. 553 m2
Kitchens:
3
Taxes:
$7,422.3 /
2025
Additional Info:
Construction:
Cement Fibre, Glass, Shingle-Other, Wood
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Levels:
3
Floor finish:
Hardwood, Laminate, Mixed, Tile
Total Building Area:
2,787 sq. ft. 259 m2
Total Unfinished Area:
0 sq. ft. 0 m2
# Bedrooms or Dens Total:
6
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
3
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
2
# Other Level Kitchens:
0
Living Area Lower Floor:
1,228 sq. ft. 114 m2
Living Area Main Floor:
1,559 sq. ft. 145 m2
Living Area Other Floor:
0 sq. ft. 0 m2
Living Area 2nd Floor:
0 sq. ft. 0 m2
Living Area 3rd Floor:
0 sq. ft. 0 m2
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
None
Heating:
Baseboard, Electric, Natural Gas
Fireplace:
Yes
Warranty:
No
More Info Available:
Pending Date:
Dec 05, 2025
Date Sold:
Feb 12, 2026
Appliances Included:
Dishwasher, F/S/W/D, Microwave
Interior Features:
Dining/Living Combo, Jetted Tub
Exterior Features:
Balcony/Patio, Fenced
Entry Location:
Ground Level
Rent Allowed:
Unrestricted
Room Information:
Floor
Type
Size
Other
Main Floor
Media Room
9' 2.74 m × 3' .91 m
Main Floor
Living Room
15' 4.57 m × 15' 4.57 m
Main Floor
Dining Room
14' 4.27 m × 11' 3.35 m
Main Floor
Kitchen
14' 4.27 m × 11' 3.35 m
Main Floor
Bedroom
12' 3.66 m × 11' 3.35 m
Main Floor
Bedroom
11' 3.35 m × 10' 3.05 m
Main Floor
Walk-in Closet
7' 2.13 m × 4' 1.22 m
Main Floor
Bedroom - Primary
15' 4.57 m × 13' 3.96 m
Main Floor
Deck
29' 8.84 m × 8' 2.44 m
Main Floor
Deck
14' 4.27 m × 5' 1.52 m
Lower Level
Entrance
7' 2.13 m × 4' 1.22 m
Lower Level
Kitchen
8' 2.44 m × 6' 1.83 m
Lower Level
Bedroom
14' 4.27 m × 9' 2.74 m
Lower Level
Patio
12' 3.66 m × 9' 2.74 m
Lower Level
Garage
21' 6.40 m × 9' 2.74 m
Lower Level
Bedroom
11' 3.35 m × 11' 3.35 m
Lower Level
Bedroom
10' 3.05 m × 10' 3.05 m
Lower Level
Dining Room
13' 3.96 m × 10' 3.05 m
Lower Level
Kitchen
9' 2.74 m × 9' 2.74 m
Lower Level
Living Room
15' 4.57 m × 11' 3.35 m
Lower Level
Deck
29' 8.84 m × 8' 2.44 m
Lower Level
Deck
14' 4.27 m × 5' 1.52 m
Lower Level
Utility Room
29' 8.84 m × 15' 4.57 m
Lower Level
Utility Room
22' 6.71 m × 14' 4.27 m
Lower Level
Utility Room
21' 6.40 m × 15' 4.57 m
Bathrooms:
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6' x 8' 4-Piece
Main Floor
Yes
4
6' x 12' 4-Piece
Lower Level
Yes
3
5' x 6' 3-Piece
Lower Level
No
4
5' x 8' 4-Piece
Financial Info:
Assessed:
1503000.0
Assessment year:
2025
Legal Info:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
LOT C, PLAN VIP75300, SECTION 49, VICTORIA LAND DISTRICT
Zoning:
RS-CH1
Other Details:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
1
Property Condition:
Contact List Licensee
Land Info:
Utilities:
Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Exposure / Faces:
East
Layout:
Ground Level Entry With Main Up
Lot Site Features:
Cleared, Corner Lot, Easy Access, Irregular Lot, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Attached, Garage Double
Total Parking Spaces:
4
Road Surface Type:
Paved
Residential Revenue Info:
Total Units:
3
Listing Info:
Date Listed:
Nov 14, 2025