Welcome to 4012 Rainbow Street, a beautifully designed home that blends comfortable family living with strong rental income potential. Located in Saanich’s sought-after Swan Lake neighbourhood, this versatile property offers three self-contained suites, perfect for multigenerational living or investment. The main suite boasts an open-concept layout with three spacious bedrooms, two bathrooms, and a modern kitchen that flows into bright living and dining areas. Step onto the large west-facing deck to enjoy stunning sunsets. The lower-level two-bedroom suite features natural light, open living space, and its own private deck. A compact bachelor suite adds flexibility, ideal for a student or young professional. Stylish finishes, ample parking, and close proximity to parks, schools, shopping, and transit complete this exceptional offering. Whether used as a family home with mortgage helpers or as a full investment property, this home offers outstanding value and versatility.