4012 Rainbow St Saanich, British Columbia V8X 2A8

6 Bedroom 4 Bathroom 2,787 ft2
Fireplace None Baseboard Heaters

$1,299,000

Welcome to 4012 Rainbow Street, a beautifully designed home that perfectly balances comfortable family living with outstanding rental income opportunities. Ideally located in one of Saanich's most desirable neighbourhoods Swan Lake, this versatile property offers three separate suites—ideal for multigenerational living or savvy investors. The main suite features a bright, open-concept layout with three spacious bedrooms and two bathrooms. The modern kitchen flows seamlessly into the dining and living areas, creating a warm, inviting space for entertaining or family gatherings. Step out onto the expansive west-facing deck to enjoy stunning sunsets and peaceful views—a true extension of your living space. Downstairs, the two-bedroom suite mirrors the same open-concept design, providing plenty of natural light and a sense of spacious comfort. With its own large west-facing deck, this suite is perfect for tenants or extended family who appreciate outdoor living and privacy. The bachelor suite offers a fantastic opportunity for extra passive income or a convenient space for a student or young professional. Compact yet efficient, it provides everything needed for comfortable independent living. Additional highlights include modern finishes throughout, ample parking, and proximity to parks, schools, shopping, and transit. Whether you’re looking for a family home with mortgage helpers or a solid investment property, 4012 Rainbow Street delivers flexibility, lifestyle, and financial potential in one outstanding package. (id:60626)

Property Details

MLS® Number 1020547
Property Type Single Family
Neigbourhood High Quadra
Features Corner Site, Irregular Lot Size, Partially Cleared, Other
Parking Space Total 4
Plan Vip75300
Structure Patio(s)
View Type Mountain View

Building

Bathroom Total 4
Bedrooms Total 6
Constructed Date 2005
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters
Size Interior 2,787 Ft2
Total Finished Area 2787 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 5953
Size Total 5953 Sqft
Size Total Text 5953 Sqft
Zoning Description Rs-ch1
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Utility Room 21 ft x 15 ft
Lower Level Utility Room 22 ft x 14 ft
Lower Level Utility Room 29 ft x 15 ft
Lower Level Living Room 15 ft x 11 ft
Lower Level Dining Room 13 ft x 10 ft
Lower Level Kitchen 9 ft x 9 ft
Lower Level Bathroom 8 ft x 5 ft
Lower Level Bedroom 10 ft x 10 ft
Lower Level Bedroom 11 ft x 11 ft
Lower Level Patio 12 ft x 9 ft
Lower Level Ensuite 6 ft x 5 ft
Lower Level Bedroom 14 ft x 9 ft
Lower Level Kitchen 8 ft x 6 ft
Lower Level Entrance 7 ft x 4 ft
Main Level Primary Bedroom 15 ft x 13 ft
Main Level Ensuite 12 ft x 6 ft
Main Level Bathroom 8 ft x 6 ft
Main Level Bedroom 11 ft x 10 ft
Main Level Bedroom 12 ft x 11 ft
Main Level Kitchen 14 ft x 11 ft
Main Level Dining Room 14 ft x 11 ft
Main Level Living Room 15 ft x 15 ft
Main Level Media 9 ft x 3 ft

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