Property Type: Land / LotOwnership: Freehold

2206 Princeton Summerland Road

Princeton, BC V0X1W0

$568,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
42.25 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$1,032.62

Interior

Fireplace
None

Listing Information

MLS®
10394246
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

ACREAGE! This exceptional property offers 42 private acres set back from the road, located just minutes from multiple lakes. The land is equipped with 200-amp electrical service and features two existing wells plus a 3rd on the easement. Additionally, the property offers numerous building sites boasting breathtaking views of the valley and adjoins Crown land, providing direct and convenient access to the Kettle Valley Railway (KVR) trail network. This makes it an ideal location for backcountry recreation and privacy. (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
Princeton SecondarySecondary9.3 km
Princeton Alternate SchoolSecondary9.9 km
John Allison ElementaryElementary11.3 km
Vermilion Forks ElementaryElementary11.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$454,400.00
Periodic payment — Principal & Interest (monthly)$2,931.63
Additional monthly expenses (strata, tax, utilities, etc.)$86.05
Total monthly cost$3,017.69
Interest paid over 5-yr term$130,232.35
Balance at end of term$408,734.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,123.19

Cash Needed at Closing

Minimum down payment$31,800
Estimated BC PTT$9,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,660

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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