Property Type: TownhouseOwnership: StrataRECENTLY LISTED

5970 Princess Street Unit# 109

Peachland, BC V0H1X7

$425,000

2 bed2.5 bath1 parking1,361 sqftBuilt 1987
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
Ranch
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$375/mo
Annual property tax
$2,068.71

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
See Remarks
Fireplace
None

Building

Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
006-776-191

Parking

Total spaces
1 — uncovered indicated
Features
Covered, Stall, Additional Parking

Restrictions & Policies

Age / occupancy
Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
BedroomSecond level9'3'' x 12'8''
Full bathroomMain level2'10'' x 7'5''
Partial bathroomMain level8'0'' x 7'2''
Primary BedroomSecond level10'11'' x 16'6''
Living roomMain level18'10'' x 20'10''
KitchenMain level10'8'' x 12'11''

Listing Information

MLS®
10398823
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 31, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

One of the best-priced lakeview townhomes in Peachland, and it shows the moment you walk in. Welcome to this 2-bedroom, 2-bathroom walkout rancher in the sought-after 55+ community of Okanagan Ridge. You're just a short stroll from Beach Avenue, Okanagan Lake, restaurants, and scenic walking paths. This is the lifestyle you've been waiting for. The main level welcomes you with a bright, open-concept layout, complete with a cozy gas fireplace, a spacious dining area, and a kitchen with real style. Downstairs, both the primary bedroom and second bedroom soak up gorgeous lake views, alongside an updated full bathroom and a laundry room that makes life easy. Step out onto your private deck and take in sweeping views of Okanagan Lake and the mountains beyond, the perfect spot to unwind or host friends. Round it out with a covered carport and a peaceful, well-kept community, This move-in-ready home is comfort, convenience, and jaw-dropping scenery, all wrapped into one. Peachland living doesn't get much better. (id:63159)

Values & Trends

This listing

$312/sqft

Building average

No other active listings in this building

Peachland average

$437/sqft

21 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

Nearest station: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,789

(2021 Census)

+6.7% since 2016

Density: 359.6/km²

Dwellings: 2,936

Median household income: $81,000

After-tax: $72,500

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom5.7% · 330
  • Germany2.3% · 135
  • United States of America1.6% · 90
  • Netherlands0.8% · 45
  • Korea, South0.3% · 20
  • Viet Nam0.3% · 20
  • Italy0.3% · 15
  • China0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

3/9 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
Peachland ElementaryElementary2.8 km
Glenrosa Middle SchoolMiddle9.6 km
Webber Road ElementaryElementary9.8 km
Helen Gorman ElementaryElementary10.1 km
Glenrosa ElementaryElementary10.2 km
Our Lady of Lourdes(Independent)Elementary/Middle10.4 km
Shannon Lake ElementaryElementary13.3 km
Sensisyusten House of Learning(Independent)Elementary13.4 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+)

  • Blind Angler · 5899 Beach Avenue558 m
  • Dragon Lotus · 5872 Beach Avenue675 m
  • Jac’s On The Beach · 5866 Beach Avenue687 m
  • Ships A-Hoy · 5860 Beach Avenue726 m
  • Cibo & Vine Ristorante · 5842 Beach Avenue768 m

Parks (2)

  • Pentowna Park406 m
  • Peachland Heritage Park764 m

Pharmacies (1)

  • Peachland Pharmacy · 5848 Beach Avenue752 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$615.39
Total monthly cost$2,808.96
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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