- Active
#703 – 4011 Rainbow Hill Lane
Saanich · Single Family
- Beds
- 2
- Baths
- 2
Saanich · Single Family
Listed by Coldwell Banker Oceanside Real Estate · MLS® 1053980
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Sign inExperience breathtaking views of Swan Lake, the city skyline, mountains & ocean from this stunning sub-penthouse at The Lyra Residence! Offering over 1,100sqft, this bright 2 bed, 2 bath home features 9ft ceilings, double-glazed windows, engineered hardwood floors, gas fireplace & custom built-in cabinetry in the entertainment area. The open concept kitchen impresses with quartz countertops, a large 9ft island, premium KitchenAid appliances, gas cooktop, and soft-close cabinetry. Enjoy a spacious primary with walk-through closet & spa-inspired ensuite with heated floors, plus a second bath with soaker tub. Step outside to your private balcony with a gas BBQ hookup and breathtaking views. Located on Christmas Hill, minutes from amenities, this pet & family-friendly building includes parking, separate storage, added EV charging & a D-ring added at the parking stall for secure bike storage. Ideally located close to sought-after schools, everyday amenities, and the Galloping Goose Trail.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Estimates only. They leave out utilities, upkeep and closing costs.
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 49%
Active listings within 3 km of this home.
Source: Statistics Canada, 2021 Census of Population. 250 dwellings.
Statistics Canada area 59170701 · Saanich
Source: Statistics Canada, 2021 Census Profile, dissemination area 59170701.
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Property tax
Municipal, regional, hospital and school rates combined.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Borrowing costs
The rates behind any payment estimate on this page.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-10-29
Climate
Ten year average, 2016–2025.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
Provincial designations and mapped natural hazards at this location.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)