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  5. Rainbow

3973 Rainbow Street, Swan Lake Saanich

Price

$1,289,000

Bedrooms3 Beds

Bathrooms2 Baths

Size2585 sqft

Year Built1912

Property TypeDetached Home

Property Taxes$5,435

Description

Welcome to this charming character home in the sought-after Swan Lake neighborhood! Located on a large, sun-soaked corner lot, this 4 bed, 2 bath home offers both classic charm and modern updates. The beautifully remodelled kitchen includes stainless steel appliances with a large island, natural stone counter tops, and eating area. Host holiday dinners in your formal dinning room, or cozy up for movie nights in the living room under a brand new roof and heat pump for added comfort. Enjoy the outdoors with a sun-drenched deck perfect for bbq's, a hot tub, and expansive green space for lawn games and gardening. The flexible 4th bedroom makes a great office, and the walk-out basement offer bonus storage space. Just steps to scenic Swan Lake and across from Rainbow Park, this is the perfect family home with excellent schools nearby and a central location for quick access to downtown, the ferries, and the airport. A rare opportunity to own a lovingly maintained home in a prime location! (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$5,084 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,031,200

Total Interest Payments

$635,798

Total Payment (Principal + Interest)

$1,666,998


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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

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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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions