4012 Rainbow St, Saanich
SE High Quadra · Single Family Residence · MLS® 1020547 · Listed Nov 14, 2025
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 Type | Single Family Residence |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Interior | 2,787 sqft |
| Lot Size | 5,953 sqft (0.14 acres) |
| Lot Features | Cleared, Corner Lot, Easy Access, Irregular Lot, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk |
| Parking | 6 spaces (2 garage) |
| Year Built | 2005 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Natural Gas |
| Basement | Crawl Space |
| Exterior | Cement Fibre, Glass, Shingle-Other, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood, Laminate, Mixed, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $7,422.3 (2025) |
| Extras | Dishwasher, F/S/W/D, Microwave |
| MLS® # | 1020547 |
| Brokerage | RE/MAX Generation - The Neal Estate Group |
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MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jun 29, 2026.
