Property Type: Detached HouseOwnership: Freehold

5-590 East Similkameen Road

Princeton, BC V0X1W0

$1,149,000

5 bed4.5 bath3,150 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
5.44 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$4,559.91

Maintenance Fee Includes

Also included: Ground Maintenance, Other, See Remarks

Interior

Basement
Full
Heating
Forced air, See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Carport, RV

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
StorageBasement13'2'' x 7'4''
Utility roomBasement12'11'' x 8'10''
Full bathroomBasement
BedroomBasement13'6'' x 13'2''
Games roomBasement21'5'' x 14'2''
Family roomBasement20'10'' x 13'4''
Full bathroomSecond level
BedroomSecond level15'4'' x 10'7''
BedroomSecond level15'7'' x 9'7''
BedroomSecond level11'11'' x 10'4''
Partial bathroomMain level
Full ensuite bathroomMain level
Primary BedroomMain level15'5'' x 11'7''
Laundry roomMain level12'9'' x 5'
Dining roomMain level15'10'' x 8'9''
KitchenMain level15'8'' x 14'1''
Living roomMain level21'11'' x 14'2''

Listing Information

MLS®
10391786
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Princeton Realty · Data source: CREA DDF.

Description

Escape to the perfect blend of rural tranquility and modern convenience in the highly sought-after River Rock Ranch Estates. Situated on 5.44 private acres, this impressive property offers over 3,000 sq. ft. of living space with 5 bedrooms and 3.5 bathrooms, providing plenty of room for families, guests, and entertaining. Thoughtfully designed for comfortable living, the home features a beautiful main-floor primary bedroom, offering convenience, privacy, and a peaceful retreat at the end of the day. Spacious living areas and well-appointed accommodations make this home ideal for both everyday living and hosting family and friends. Surrounded by nature and stunning scenery, the property offers endless opportunities to enjoy the outdoors while still being just minutes from town and its amenities. The bare land strata fee of only $100 per month covers road maintenance and common area upkeep, including exclusive access to the beautiful Similkameen River. Outdoor enthusiasts will appreciate the endless recreation opportunities right outside their back door. Hiking, biking, horseback riding, fishing, kayaking, and exploring the surrounding trails and wilderness are all within easy reach, making this an ideal year-round retreat for adventure seekers and those seeking a relaxed rural lifestyle. Rarely does a property combine acreage, living space, location, and recreation so effortlessly. Discover the beauty, privacy, and lifestyle that await in River Rock Ranch Estates. (id:63159)

Values & Trends

This listing

$365/sqft

Building average

No other active listings in this building

Princeton Rural average

$524/sqft

22 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

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
Vermilion Forks ElementaryElementary2.0 km
John Allison ElementaryElementary2.5 km
Princeton Alternate SchoolSecondary3.2 km
Princeton SecondarySecondary3.8 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: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$637.99
Total monthly cost$6,568.36
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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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