Property Type: Land / LotOwnership: Freehold

108 West China Creek Road

Princeton, BC V0X1W0

$215,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.54 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,084

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10381825
Listed
April 1, 2026
Time on market
On the market for 152 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Horizon West Realty · Data source: CREA DDF.

Description

Build your dream home in the desirable Deerview Heights neighbourhood, one of Princeton’s premier executive residential areas. This 0.54 acre bare land parcel provides an excellent opportunity for a custom single-family home in a setting known for its larger lots, attractive homes, and peaceful atmosphere. Deerview Heights is highly sought after for its rural feel while still benefiting from in-town amenities, including municipal water service, making development more convenient and practical. The location also offers easy access to a nearby elementary school and recreational trails, ideal for families, outdoor enthusiasts and retirees. A rare opportunity to secure a premium building lot in one of Princeton’s most desirable neighbourhoods. (id:63159)

Location Insights

Weather

Partly Cloudy

18°C

Partly Cloudy

Humidity 51%

Wind WNW 5 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

22°

Wednesday night

10°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

2,894

(2021 Census)

+2.3% since 2016

Density: 48.8/km²

Dwellings: 1,521

Median household income: $64,500

After-tax: $60,000

Immigrant population: 8.5%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 55
  • United States of America1% · 30
  • Germany0.9% · 25
  • Philippines0.9% · 25
  • Croatia0.3% · 10
  • India0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
John Allison ElementaryElementary421 m
Vermilion Forks ElementaryElementary971 m
Princeton Alternate SchoolSecondary1.6 km
Princeton SecondarySecondary1.9 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: Nicola-Similkameen (SD58)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$172,000.00
Periodic payment — Principal & Interest (monthly)$1,109.69
Additional monthly expenses (strata, tax, utilities, etc.)$90.33
Total monthly cost$1,200.02
Interest paid over 5-yr term$49,295.69
Balance at end of term$154,714.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,570.61

Cash Needed at Closing

Minimum down payment$10,750
Estimated BC PTT$2,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,550

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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