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.
Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated November 15, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$1,039,900
Min list price:
$439,900
Max list price:
$1,799,000
Avg days on market:
42
Min days on market:
1
Max days on market:
166
Avg price per sq.ft.:
$541.24
These statistics are generated based on the current listing's property type
and located in
SE High Quadra. Average values are
derived using median calculations. This data is not produced by the MLS® system.