
703 4011 Rainbow Hill Lane
$869,900
High Quadra
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About this home
Experience 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. (id:65179)
Property details
From the listing's public record.
Lot size
1,138 square feet
Year built
2019
Taxes
$4,473/yr
Strata / HOA
$632/month
Zoning
Residential
View
Appliances
Heating
Parking
Community
Security
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 4, 2026
Listed $869,900
Active19 days on marketMLS 1051286Dec 7, 2021
$824,900
Sold8 days on marketMLS 887992
How this listing compares
Based on 9 sales in High QuadraMedian sold
$545,000
Avg days on market
55 days
Avg sale-to-list
96.4%
Avg $/sqft
$536
Price per square foot
Above area average
Current market in High Quadra
Active (same type)
4
Pending
2
All active listings
22
Months of supply
5.3
Balanced market — 5.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$860,000
Homes in Saanich East sell at 95.1% of assessed value on average.
Based on 220 recent sales.
Local price trend
How High Quadra has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales410-3277 Glasgow Ave
$290,000
1 bd · 1 ba · 823 sqft · $352/sqft · 85 days on market
Sold Aug 24, 2026 · 84.1% of list
111-1005 Mckenzie Ave
$300,000
1 bd · 1 ba · 701 sqft · $428/sqft · 43 days on market
Sold Aug 21, 2026 · 96.8% of list
209-1025 Inverness Rd
$254,600
1 bd · 1 ba · 620 sqft · $411/sqft · 108 days on market
Sold Aug 20, 2026 · 88.1% of list
311-1550 Church Ave
$545,000
2 bd · 2 ba · 788 sqft · $692/sqft · 92 days on market
Sold Aug 20, 2026 · 97.3% of list
313-1521 Church Ave
$525,000
2 bd · 2 ba · 1,196 sqft · $439/sqft · 75 days on market
Sold Aug 19, 2026 · 99.2% of list
315-3931 Shelbourne St
$520,000
2 bd · 2 ba · 1,101 sqft · $472/sqft · 80 days on market
Sold Aug 19, 2026 · 99% of list
101-3400 Quadra St
$505,000
2 bd · 2 ba · 1,064 sqft · $475/sqft · 47 days on market
Sold Aug 17, 2026 · 100% of list
303-899 Darwin Ave
$500,000
2 bd · 2 ba · 1,028 sqft · $486/sqft · 84 days on market
Sold Aug 14, 2026 · 96.3% of list
408-5329 Cordova Bay Rd
$1,450,000
2 bd · 2 ba · 1,761 sqft · $823/sqft · 15 days on market
Sold Aug 14, 2026 · 93.5% of list
303-1597 Midgard Ave
$278,000
1 bd · 1 ba · 768 sqft · $362/sqft · 16 days on market
Sold Aug 14, 2026 · 93.3% of list
210-1620 Mckenzie Ave
$448,888
1 bd · 1 ba · 714 sqft · $629/sqft · 81 days on market
Sold Aug 13, 2026 · 99.8% of list
205-4030 Borden St
$418,000
1 bd · 1 ba · 602 sqft · $694/sqft · 11 days on market
Sold Aug 13, 2026 · 97.2% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$869,900 − $173,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$190,878
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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