#602 – 4011 Rainbow Hill Lane, Saanich
Lyra · Condo Apartment · MLS® 1025372 · Listed Feb 25, 2026
Welcome to #602–4011 Rainbow Hill Lane, one of Lyra’s premier residences offering unobstructed, panoramic views. Enjoy breathtaking sunrises and sunsets overlooking, downtown Victoria, the Olympic Mountains, and Mt. Baker to the east Inside, the bright open-concept layout is centered around a chef-inspired kitchen with generous cabinetry, a spacious island perfect for entertaining, plus direct access to the expansive deck for morning coffee,summertime bbqs and evening relaxation. Kitchen-Aid appliances, quartz countertops, and Grohe fixtures. The primary bedroom enjoys stunning views as does the second bedroom with direct access to the expansive deck. Additional features include a gas fireplace, fresh-air ventilation system, full-size washer and dryer, and abundant in-suite storage plus a secure large storage unit. Truly a must see..
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 1,098 sqft |
| Lot Size | 1,098 sqft (0.03 acres) |
| Lot Features | Central Location, Landscaped, No Through Road, Park Setting, Shopping Nearby |
| Parking | 1 space |
| Year Built | 2020 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Natural Gas |
| Exterior | Concrete, Glass, Steel and Concrete |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $4,198 (2025) |
| Strata Fee | $610/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit |
| Building Stories | 8 |
| Parking Type | Underground |
| Extras | Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Refrigerator, Washer |
| MLS® # | 1025372 |
| Brokerage | DFH Real Estate Ltd. |
Similar properties sold within 6 months
Saanich condo averages, updated daily. See Saanich market stats or full dashboard.
#602 – 4011 Rainbow Hill Lane, Saanich sold on April 10, 2026, after 44 days on the market.
It sold for $870,000 (listed at $898,000). Source: BC Assessment (registered sale).
It was on the market for 44 days, from February 25, 2026 to April 10, 2026.
A Condo Apartment in Lyra, Saanich with 2 bedrooms, 2 bathrooms, 1,098 sqft, built in 2020.
It has 1 parking space.
The lot is 1,098 sqft (0.03 acres).
#602 – 4011 Rainbow Hill Lane, Saanich was originally listed at $958,000, then reduced to $898,000 (6.3% reduction), and sold for $870,000.
#602 – 4011 Rainbow Hill Lane, Saanich sold for $870,000, 3.8% above its BC-assessed value of $838,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 104%. Source: BC Assessment.
Saanich is currently a seller's market: median sold price $508,000, 4 months of inventory, homes typically selling in about 55 days.
There are 148 condos for sale in Saanich right now. Browse all Saanich condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Saanich is $508,000, based on 397 sales over the past 12 months. The median price per square foot is $568. Compare asking prices across the condos currently for sale in Saanich.
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: Aug 16, 2026.
