Property Type: Detached HouseOwnership: Freehold

590 East Similkameen Road Unit# 8

Princeton, BC V0X1W0

$1,450,000

5 bed5 bath3 parking2,284 sqftBuilt 2013
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
5.95 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$3,000

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Heating
Heat Pump, Baseboard heaters, Radiant heat, Stove, Forced air, Wood
Cooling / A/C
Heat Pump
Fireplace
Yes (2)
Fireplace type
Wood, Conventional
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Wood, Stone
View
Mountain view, River view, Valley view
Waterfront
Waterfront on pond

Building

Roof
Metal, Unknown

Parking

Total spaces
3 — covered indicated
Features
Detached Garage, RV, Additional Parking

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Full bathroomSecond level8'5'' x 8'
Full bathroomSecond level9'3'' x 6'5''
BedroomSecond level12'11'' x 10'11''
KitchenSecond level12' x 6'11''
Living roomSecond level17'9'' x 15'11''
Primary BedroomSecond level11'5'' x 15'11''
Laundry roomMain level5'9'' x 9'7''
Full bathroomMain level5'10'' x 2'10''
BedroomMain level10'5'' x 13'7''
BedroomMain level11'2'' x 12'3''
Dining roomMain level10'3'' x 9'6''
Full bathroomMain level5' x 13'5''
Full ensuite bathroomMain level8'10'' x 8'6''
Primary BedroomMain level12'9'' x 13'2''
Great roomMain level15'6'' x 19'11''
KitchenMain level10'5'' x 13'4''

Listing Information

MLS®
10377881
Listed
March 4, 2026
Time on market
On the market for 180 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Welcome to your serene retreat in the gated community at River Rock Ranch Estates. This picturesque acreage features a custom-built 3-bedroom, 3-bathroom rancher, and a detached 2-bedroom, 2-bathroom Coach House with a spacious 3-bay garage. The construction of these homes is special- featuring Similkameen river rock, and log accents. As you step inside-you notice the 11-foot vaulted ceilings in the great room and the custom wood burning fireplace set in beautiful river rock. The kitchen has solid wood cabinetry, a raw edge wood and black granite island and stainless-steel appliances. Off the kitchen is a dining room with windows out to the beautiful pond, perfect for family gatherings. The bathrooms have custom stone shower accents and Moen fixtures. This home has in-floor heating adding a luxurious touch to the bathrooms and mudroom. The property has lovely outside spaces to enjoy including the 24-foot fir deck with breathtaking views of the Similkameen river, and mountains. The Coach House has vaulted ceilings in the living room, a wood burning fireplace for cozy evenings and plenty of storage. There is ample parking and an expansive paved driveway featuring a dedicated campsite with RV parking, water and power. Additionally- owners have shared ownership to two private river beaches. This acreage is 5 minutes to the Town of Princeton and is centrally located with easy highway access to the Okanagan and the Lower Mainland. Come explore this special property! (id:63159)

Values & Trends

This listing

$635/sqft

Building average

No other active listings in this building

Princeton Rural average

$512/sqft

22 active listing(s)

Parking: 3 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.

Nearby Schools

SchoolTypeDistance
Vermilion Forks ElementaryElementary1.6 km
John Allison ElementaryElementary2.1 km
Princeton Alternate SchoolSecondary2.4 km
Princeton SecondarySecondary3.0 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$464.00
Total monthly cost$7,947.93
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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.

Request more information