Property Type: Detached HouseOwnership: Freehold

311 WATERFRONT Avenue

Princeton, BC V0X1W0

$307,000

2 bed1 bath1 parking1,280 sqftBuilt 1940
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
1
Lot size
0.19 acres
Frontage
49 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,924.64

Interior

Heating
See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer

Exterior & Lot

Exterior features
Stucco, Other
View
River view
Lot features
Level lot

Building

Roof
Metal, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
017-230-721

Parking

Total spaces
1 — uncovered indicated
Features
Other, Additional Parking

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level13'7'' x 18'
Laundry roomMain level7'7'' x 17'1''
KitchenMain level20'2'' x 10'7''
BedroomMain level13'4'' x 8'6''
Dining roomMain level13'4'' x 8'3''
Living roomMain level13'7'' x 15'
FoyerMain level13'7'' x 10'8''
4pc BathroomMain level

Listing Information

MLS®
10393805
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
September 1, 2026

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

Description

This charming 2-bedroom home offers an excellent opportunity for investors, first-time buyers, or those looking for a project. Currently rented for **$1,800 per month**, it provides immediate rental income while offering future potential. Recent updates include newer flooring and fresh paint, creating a solid foundation to build on. Situated on a large lot in a quiet residential neighbourhood directly across from the river, you'll appreciate the peaceful setting and outdoor space. The spacious detached garage offers plenty of room for parking, storage, or a workshop and, like the home, could benefit from some TLC. Whether you're looking to expand your investment portfolio or purchase an affordable home with income potential, this property is full of possibilities. Contact your REALTOR today to arrange a viewing. (id:63159)

Values & Trends

This listing

$240/sqft

Building average

No other active listings in this building

Princeton average

$428/sqft

46 active listing(s)

Parking: 1 stall(s) includedStorage 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Princeton Alternate SchoolSecondary1.2 km
Vermilion Forks ElementaryElementary1.3 km
John Allison ElementaryElementary1.5 km
Princeton SecondarySecondary1.8 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.

Nearby Places

Restaurants (5+)

  • Billy's Family Restaurant · 301 Vermilion Avenue270 m
  • CitySlice Pizzeria · 160 Tapton Avenue527 m
  • The Copper Pit · 157 Vermilion Avenue675 m
  • Mikado Sushi · 130 Bridge Street712 m
  • Little Creek Grill · 117 Bridge Street730 m

Cafes (3)

  • Cowboy Coffee · 255 Vermilion Avenue400 m
  • Frannie's coffee · 142 3rd Street461 m
  • Cool Beanz Coffee House · 136 Tapton Avenue642 m

Parks (4)

  • Unnamed596 m
  • Unnamed613 m
  • Unnamed768 m
  • Veterans Square795 m

Shopping (1)

  • FIELDS · 233 Vermilion Avenue480 m

Pharmacies (1)

  • I.D.A. · 114 Tapton Avenue608 m

Banks & ATMs (2)

  • Unnamed341 m
  • Valley First · 114 Tapton Avenue664 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,350) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$245,600.00
Periodic payment — Principal & Interest (monthly)$1,584.53
Additional monthly expenses (strata, tax, utilities, etc.)$224.39
Total monthly cost$1,808.91
Interest paid over 5-yr term$70,389.67
Balance at end of term$220,917.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,350
Stress test qualifying rate8.09%
Payment you must qualify for$2,242.69

Cash Needed at Closing

Minimum down payment$15,350
Estimated BC PTT$4,140
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,990

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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