437 Taylor Mill Drive
Princeton, BC V0X1W0
$499,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 5.08 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,340.51
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10387696
- Listed
- May 15, 2026
- Time on market
- On the market for 108 days
- Data last synced
- August 28, 2026
Listing provided by: Chamberlain Property Group · Data source: CREA DDF.
Description
Fantastic investment opportunity in Princeton, BC! This 5.08-acre property is zoned for a Mobile Home Park, and presents a rare chance to capitalize on a potentially high income producing venture. Conveniently situated with easy access off the highway, across the road from the picturesque Similkameen River and adjacent to the prestigious Princeton Golf Club. Princeton and the surrounding areas are a paradise for outdoor enthusiasts, offering a variety of scenic trails to explore. Nestled in the Cascade Mountains at the meeting point of the Tulameen and Similkameen Rivers, Princeton offers breathtaking natural beauty. Locals can take advantage of year-round outdoor activities such as hiking, biking, fishing, and skiing. While currently zoned for a Mobile Home Park, buyers may wish to conduct their own due diligence to explore whether future zoning amendments might allow for additional or alternative uses. Vendor financing may be available depending on terms. (id:63159)
Location Insights
Weather
18°C
Partly Cloudy
Humidity 51%
Wind WNW 5 km/h
Tonight
7°
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
| School | Type | Distance |
|---|---|---|
| Princeton Alternate School | Secondary | 3.7 km |
| Princeton Secondary | Secondary | 3.7 km |
| Vermilion Forks Elementary | Elementary | 5.3 km |
| John Allison Elementary | Elementary | 5.3 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: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.