Property Type: DuplexOwnership: Freehold

524 Similkameen Ave

Princeton, BC V0X1W0

$569,000

3 bed3.5 bath2 parking1,217 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.1 acres

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$0

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

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
BedroomSecond level10' x 10'4''
BedroomSecond level10'4'' x 9'3''
Full bathroomSecond level
Full ensuite bathroomSecond level
Primary BedroomSecond level10'8'' x 13'7''
FoyerMain level3'7'' x 10'2''
Utility roomMain level9'2'' x 11'8''
Partial bathroomMain level
Dining roomMain level9'6'' x 13'7''
Living roomMain level9'6'' x 13'7''
KitchenMain level6'9'' x 9'10''

Listing Information

MLS®
10397344
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

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

Description

Engineered for effortless living, this brand new, half duplex delivers contemporary quality and direct outdoor access in one of Princeton’s most practical locations. The home features 3 bedrooms, 2.5 bathrooms, clean lined finishes, luxury quartz countertops in the kitchen, and efficient air conditioning for year round climate control. Designed for low maintenance comfort, the property comes complete with a fully fenced backyard, manicured lawn, and an automated irrigation system. A spacious double garage provides secure vehicle parking and dedicated storage for gear. Situated with direct back property access to the paved, lit section of the Kettle Valley Rail (KVR) Trail, you can enjoy a flat, scenic walk or bike ride straight into the downtown core, local shops, and parks. Covered by a full new home warranty, this turn-key residence offers complete peace of mind, an ideal launchpad for first time buyers or healthcare and industry professionals relocating to the Similkameen Valley. Contingent on final registration. (id:63159)

Values & Trends

This listing

$468/sqft

Building average

No other active listings in this building

Princeton average

$420/sqft

5 active listing(s)

Parking: 2 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

15

2/9 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
Vermilion Forks ElementaryElementary560 m
John Allison ElementaryElementary927 m
Princeton Alternate SchoolSecondary1.7 km
Princeton SecondarySecondary2.2 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 (2)

  • The Vermilion Fork · 102 Frontage Road455 m
  • Livinit · 110 Bromley Place773 m

Parks (3)

  • Unnamed283 m
  • Unnamed463 m
  • Unnamed628 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$455,200.00
Periodic payment — Principal & Interest (monthly)$2,936.80
Additional monthly expenses (strata, tax, utilities, etc.)$61.00
Total monthly cost$2,997.80
Interest paid over 5-yr term$130,461.63
Balance at end of term$409,453.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,130.11

Cash Needed at Closing

Minimum down payment$31,900
Estimated BC PTT$9,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,780

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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