Property Type: Detached HouseOwnership: Freehold

4315 RAINBOW DRIVE

Canim Lake, BC V0K1J0

$595,000

4 bed3 bath2,414 sqftBuilt 1981
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.63 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,767.01 (2026)

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric, Wood
Fireplace
None

Exterior & Lot

Exterior features
Wood

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Garage

Room Dimensions

RoomLevelDimensions
Dining nookMain level
Living roomMain level
KitchenMain level
Dining roomMain level
Family roomMain level
Laundry roomMain level
FoyerMain level
Primary BedroomAbove
Bedroom 2Above
Bedroom 3Above
Bedroom 4Above

Listing Information

MLS®
R3156641
Listed
August 18, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: eXp Realty (100 Mile) · Data source: CREA DDF.

Description

This beautifully maintained home features a lovely flowing layout with a sunny kitchen/eating area, a large formal dining room, and separate living and sitting rooms. The large foyer and laundry/mud room add to the convenience of the main floor, a 6' crawl space for storage includes a cold room! The 4 bedrooms are located on the second level, each with a walk-in closet and off of a central staircase/gallery. The master bedroom is very large and bright and has a full ensuite bath. Lots of gardening space, and a large fenced yard, and detached garage with 2 bays. On Community water and within fire protection this home has a three sided covered verandah. Fiber optic internet is in! The house is located on one lot, three additional 1/2 acre lots available. (id:63159)

Values & Trends

This listing

$246/sqft

Building average

No other active listings in this building

Canim Lake average

$309/sqft

13 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

Nearest station: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Forest Grove ElementaryElementary12.8 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: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$476,000.00
Periodic payment — Principal & Interest (monthly)$3,070.99
Additional monthly expenses (strata, tax, utilities, etc.)$351.58
Total monthly cost$3,422.57
Interest paid over 5-yr term$136,422.97
Balance at end of term$428,163.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,310.05

Cash Needed at Closing

Minimum down payment$34,500
Estimated BC PTT$9,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,900

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.

Request more information