4022 Rainbow Hill Lane, Saanich
SE Swan Lake · Townhouse · MLS® 1049043 · Listed Sep 9, 2026
This sophisticated townhome commands one of Victoria’s top vantage points, capturing unobstructed, panoramic views stretching from the Strait of Juan de Fuca to the Olympic Mountain range. Designed for effortless indoor-outdoor living, 12’ floor-to-ceiling Pella windows fill the open main level with natural light while highlighting elevated luxury and top-tier craftsmanship, including bespoke white oak cabinetry, maple hardwood floors, motorized awning and blinds, and geothermal heating and cooling. Entertaining is seamless with a vast deck overlooking twinkling city lights and a cozy private front patio. The lower-level is serene and offers expansive informal rooms including a covered winter patio and ample storage. This home also boasts a coveted detached double garage and driveway parking. Enjoy stunning views, exceptional quality and privacy, only minutes from downtown Victoria, neighborhood shopping, and Swan Lake nature trails.
| Property Type | Townhouse |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Interior | 2,721 sqft |
| Lot Size | 4,310 sqft (0.09 acres) |
| Parking | 4 spaces (2 garage) |
| Year Built | 2012 |
| Fireplaces | 1 |
| Heating | Geothermal, Natural Gas, Radiant Floor |
| Basement | Finished, Walk-Out Access, With Windows |
| Exterior | Frame Wood |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $8,134.04 (2026) |
| Strata Fee | $779/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 2 |
| Parking Type | Detached, Driveway, Garage Double, Guest |
| Extras | Built-In Range, Dishwasher, Oven Built-In, Refrigerator, Washer |
| MLS® # | 1049043 |
| Brokerage | RE/MAX Camosun |
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Sold prices and dates across Swan Lake. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
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Swan Lake townhome averages, updated daily. See Swan Lake market stats or Saanich market stats.
It is listed at $1,890,000.
A Townhouse in SE Swan Lake, Saanich with 4 bedrooms, 3 bathrooms, 2,721 sqft, built in 2012.
It has 2 parking spaces (Detached, Driveway, Garage Double, Guest).
The lot is 4,310 sqft (0.09 acres).
Saanich is currently a balanced market: median sold price $700,000, 4.5 months of inventory, homes typically selling in about 23 days.
There are 3 townhomes for sale in Swan Lake right now. Browse all Swan Lake townhomes for sale to see current listings, updated daily from the MLS® system.
The median townhome sold price in Swan Lake is $700,000, based on 9 sales over the past 12 months. The median price per square foot is $497. Compare asking prices across the townhomes currently for sale in Swan Lake.
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: Sep 10, 2026.
