Property Type: Detached HouseOwnership: Freehold

221 RAINBOW BOULEVARD

Kitimat, BC V8C2K6

$749,999

4 bed2 bath2,482 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
1.97 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,050.03 (2026)

Interior

Basement
Finished, N/A
Heating
Baseboard heaters, Forced air
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Wood

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Carport

Room Dimensions

RoomLevelDimensions
Mud roomMain level
Laundry roomMain level
KitchenMain level
Primary BedroomMain level
Dining roomMain level
Living roomMain level
Flex SpaceLower level
Recreational, Games roomLower level
StorageLower level
Bedroom 2Above
Bedroom 3Above
Bedroom 4Above

Listing Information

MLS®
R3158145
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Century 21 Northwest Realty Ltd. · Data source: CREA DDF.

Description

Looking for your private piece of land in Kitimat? This home is sitting on a 1.97 acre lot with a ton of trees left for the ultimate privacy, and, hey, if you need more space it is yours for the taking. This home offers you a place to feel relaxed and connect with the family after a long day of work. The main level is open, with an updated kitchen, and large windows overlooking your yard where the kids can run free and connect with nature. Crown Land behind your house makes its way right to the river, ideal for some walks with the dog. Downstairs provides excellent rec space along with a wood stove for supplemental heat. Primary bedroom is on the main level with 3 bedrooms and a bathroom upstairs. See if this is the one for you! (id:63159)

Values & Trends

This listing

$302/sqft

Building average

No other active listings in this building

Kitimat average

$326/sqft

35 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

14°C

Humidity 99%

Wind SE 10 km/h

Tonight

11°

Tuesday

14°

Tuesday night

10°

Wednesday

23°

Wednesday night

13°

Thursday

24°

Source: Environment and Climate Change Canada.

Population

8,236

(2021 Census)

+1.3% since 2016

Density: 34.4/km²

Dwellings: 4,381

Median household income: $103,000

After-tax: $88,000

Immigrant population: 16.6%

Top countries of origin (% of total population)

  • Portugal4.2% · 350
  • United Kingdom2.2% · 185
  • Philippines1.8% · 145
  • Germany1.3% · 105
  • United States of America0.8% · 70
  • India0.8% · 65
  • Somalia0.5% · 40
  • Italy0.4% · 30

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mount Elizabeth Middle/SecondaryElementary3.3 km
Nechako ElementaryElementary4.0 km
St Anthony's(Independent)Elementary/Middle4.1 km
Kitimat City HighSecondary4.1 km
Kildala ElementaryElementary5.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Coast Mountains (SD82)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,999.00
Periodic payment — Principal & Interest (monthly)$3,870.99
Additional monthly expenses (strata, tax, utilities, etc.)$461.50
Total monthly cost$4,332.49
Interest paid over 5-yr term$171,961.44
Balance at end of term$539,701.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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