3944 Rainbow Street, Swan Lake Saanich
Price
$999,000
Bedrooms4 Beds
Bathrooms4 Baths
Size3059 sqft
Year Built1986
Property TypeDetached Home
Property Taxes$5,214.86
Description
Tremendous revenue opportunity! Welcome to 3944 Rainbow St. This 6 bed, 4 bath family home is off the beaten path near the Swan Lake Nature Sanctuary, parks, recreation and conveniently located near all of your amenities. This spacious home boasts over 2,700 sqft with a 3-bedroom suite! The main level offers 3 bedrooms, 2 bathrooms, a spacious living room with a wood burning fireplace, a bonus family room, dining room, laundry room and a kitchen with access to the South-West facing deck where you can enjoy all day sun. The lower level, 3-bedroom suite offers 2 bathrooms, a beautifully updated kitchen/ dining area, living room and has its own separate entrance, laundry and outdoor patio. An investment opportunity to not be missed. (id:39198)
Listed By
The listing brokerage and/or agent is Royal LePage Coast Capital - Oak Bay
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,024 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,200
Total Interest Payments
$492,756
Total Payment (Principal + Interest)
$1,291,956
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.