This 6 bedroom, 4 bathroom single family is listed for sale at $1,299,000 in Saanich, British Columbia. The property offers 2787.00 square feet of living space. Built in 2005. Lot size: 0.14.MLS® #1020547.
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.
Property features include: Mountain View, Luxury Bath.
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Property Type
Single Family
Year Built
2005
Interior Size
2,787 sq ft
Lot Size
6,098 sq ft(0.14 acres)
Bedrooms
6
Bathrooms
4
Kitchens
Area
Saanich East
Neighborhood
High Quadra
Listed
Nov 14, 2025
MLS® Number
#1020547
View comprehensive market analysis for Rainbow St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Rainbow St Market ReportWelcome 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.
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