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4022 Rainbow Hill Lane, Saanich
Swan Lake · Townhouse · MLS® 1049043 · Listed Sep 9, 2026
This exceptional townhome occupies one of Victoria’s most remarkable vantage points, showcasing unobstructed panoramic views across the Strait of Juan de Fuca to the Olympic Mountains. Soaring 12’ floor-to-ceiling Pella windows frame the ever-changing outlook while filling the open main level with natural light. Refined finishes include bespoke white oak cabinetry, maple hardwood floors, motorized blinds & awning, and geothermal heating & cooling. A generous entertaining deck, accessed from both the living room & primary suite, overlooks the city lights and sweeping coastal landscape, while a private front patio offers a quiet retreat. The lower level provides spacious, flexible living areas, a covered all-season patio & abundant storage. A coveted detached double garage plus driveway parking complete the offering. Exceptional design, privacy and breathtaking views come together in a spectacular setting, minutes from downtown Victoria, shops & 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 |
| Laundry | In Unit |
| Extras | Dishwasher, Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer |
| MLS® # | 1049043 |
| Brokerage | RE/MAX Camosun |
For sale now at $1,890,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
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sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
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).
Yes. Laundry is in the unit.
The lot is 4,310 sqft (0.09 acres).
Saanich is currently a unknown market: median sold price $675,000, 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 $675,000, based on 4 sales over the past 12 months. The median price per square foot is $506. Compare asking prices across the townhomes currently for sale in Swan Lake.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Oct 25, 2026.
