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Rainbow Hill

4045 Rainbow St
Saanich East, V8X 2A8 SE0205 - SE High Quadra

Official Website: www.rainbowhill.ca Marketers Website: www.remax-camosun-victoria-bc.com
  • Levels: 2
  • Suites: 27
  • Status: Completed
  • Built: 2012
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  Confidential
  • Bldg#: 9096

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Building Info

Rainbow Hill - 4045 Rainbow Street, Victoria, V8X 2A8, 2 levels, 20 townhomes, Estimated completed 2012, crossroads areRainbow Street and McKenzie Avenue. Perched atop one of the highest points in Greater Victoria, The Rainbow Hill at Saanich is an up-scale community with extraordinary views of the city, the Strait of Juan de Fuca, and the Olympic Mountains beyond. This project includes 12 single families, 27 town homes, and two condominium buildings with total 77 units.

Durable, energy efficient and attractive homes are set among leafy sidewalks, community trails and extensive green spaces. Both single family houses and town homes combine the West coast modern architecture with natural surroundings, matched with contemporary floor plans and clad in natural materials. Contemporary three bedroom homes feature high ceilings, floor to ceiling windows, Maple Wood flooring, custom cabinets, Quartz countertops, glass tiled backsplash, high-end stainless steel appliances, and spa-inspired bathrooms with radiant in-floor heating, ceramic tile floors, Caesarstone countertops and deep soaker tubs. Large private decks invite outdoor entertaining, and attached two car garages welcome residents of every home.

Rainbow Hill is adjacent to the Swan Lake Christmas Hill Nature Sanctuary, just minutes from downtown Victoria to the south and the Victoria International Airport and Swartz Bay Ferry Terminal to the north and Victoria General Hospital to the west. The location offers excellent access to transit service and is within a 1 km walk to a diverse range of amenities including Pacific Christian School, Rogers Elementary, St Andrew's Regional High, playgrounds, retail and professional offices, restaurants and a supermarket.

Sales Centre: www.remax-camosun-victoria-bc.com
Official Website: www.rainbowhill.ca
Phone: 250-220-5061
Sales Address: 4045 rainbow st, Victoria, BC. V8X 2A8
Strata Sub Categories: Strata

Rainbow Hill Technical Info

Building Name Rainbow Hill
Address 4045 Rainbow St
City Saanich East
Neighborhood SE High Quadra
Listing Price Range N/A
Floors 2
Units in Development: 4
Units in Strata:27
Property Types Frhld/strata
Sub Categories:Strata
Year Built 2012
Official Website www.rainbowhill.ca
ManagementConfidential
Restrictions Details
Title to Land Frhld/strata

Rainbow Hill MLS® Listings And/Or Area MLS® Listings

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Typical Floor Plan (Click image to go to BCFP)

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Rainbow Hill Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Rainbow Hill - 4014 Rainbow STREET - VIP86255
  2. B Christmas Hill - 4073 Blackberry LANE - VIS4455
  3. C Christmas Hill - 4068 Blackberry LANE - VIS4622
  4. D 759 Sanctuary Crt - 759 Sanctuary CRT - VIP75457
  5. E Christmas Hill Green - 4052 Douglas STREET -
  6. F 4079 Douglas St - 4079 Douglas ST - VIS5581
  7. G Christmas Hill - 881 Nicholson ST -
  8. H Lyra - 4027 Rainbow STREET - VIP89128
  9. I 4085 Douglas St - 4085 Douglas ST - VIS5581
View All Buildings in Saanich East

Area Rentals From Craigslist

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Area Rentals From Padmapper

Victoria Real Estate Board Update

Victoria Real Estate Market Continues to Stabilize

 

October 1, 2018  A total of 533 properties sold in the Victoria Real Estate Board region this September, 16.7 per cent fewer than the 640 properties sold in September of last year, and a 10.3 per cent decrease from August 2018. Sales of condominiums were down 30.4 per cent from last year in September with 149 units sold. Sales of single family homes were down 9.2 per cent from 2017 with 285 sold this September.

"This year's housing market has continued to behave as we've expected, moderating after the record setting pace of 2016 and adjusting to various government measures such as tightening mortgage qualification rules that were intended to cool the market," says Victoria Real Estate Board President Kyle Kerr. "We continue to see a reduction in sales when we compare to recent years and prices stabilizing across the market, with some variation in value in niche, higher end homes."

There were a total of 2,646 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2018, an increase of 5 per cent compared to the month of August and 33.9 per cent more than the 1,976 active listings for sale at the end of September 2017.

"If you are considering buying or selling a home, you need to understand your local market, particularly in the context of your property type and price point," adds President Kerr. "Micro markets in our area behave very differently as they are influenced by different pressures. The under $800,000 housing market in some areas is under tremendous pressure as many buyers compete for these homes. The multimillion-dollar market in other areas is currently experiencing less pressure and we can see price flexibility coming into play in the 1.5 million dollar plus market. And although we saw a bump in inventory at the start the year, those inventory levels have stabilized as well. So buyers still face a market with much less inventory available than the historical average. Your local REALTOR® can help you understand the best way forward for your selling or buying plans based on current and granular data and market insights."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in September 2017 was $832,000, while the benchmark value for the same home in September 2018 increased by 6.2 per cent to $883,700, slightly lower than August's value of $888,300. The MLS® HPI benchmark value for a condominium in the Victoria Core area in September 2017 was $457,700, while the benchmark value for the same condominium in September 2018 increased by 9.9 per cent to $503,000, exactly the same as August's value.

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,379 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

View our press release and summary here.
View our complete statistical package here.

For More Information

 

Victoria Real Estate Board
Denise Hogue, Communications Manager

Phone: 250-920-4652

 

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Frank Rudge October 2017 VREB Report

Frank Rudge Victoria Market Report for May 2017

Sales were down 22% for may over last year. Listings are up 12% from last year.
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