5979 Princess Street
Peachland, BC V0H1X7
$999,900
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 4
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Strata
- Strata / maintenance fee
- $442/mo
- Annual property tax
- $5,892.91
Maintenance Fee Includes
Also included: Ground Maintenance, Other, See Remarks, Reserve Fund Contributions
Interior
- Basement
- Full
- Heating
- Forced air, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Electric, Unknown
- Flooring
- Tile, Hardwood, Carpeted
Exterior & Lot
- View
- Lake view, Mountain view, View of water
Parking
- Total spaces
- 4 — covered indicated
- Features
- Attached Garage, Additional Parking
Restrictions & Policies
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Second level | 7' x 6'3'' |
| Loft | Second level | 14'6'' x 11'2'' |
| Utility room | Basement | 6'8'' x 14'1'' |
| Bedroom | Basement | 13'8'' x 9'8'' |
| Bedroom | Basement | 13'8'' x 13' |
| Full bathroom | Basement | 10'11'' x 11'5'' |
| Full ensuite bathroom | Lower level | 11'1'' x 11'9'' |
| Other | Additional Accommodation | 5'3'' x 13'10'' |
| Laundry room | Lower level | 6' x 6'6'' |
| Primary Bedroom | Lower level | 13'9'' x 17'6'' |
| 2pc Bathroom | Main level | 5'6'' x 6'11'' |
| Dining room | Main level | 9'5'' x 10'4'' |
| Living room | Main level | 14'9'' x 12'11'' |
| Kitchen | Main level | 10'9'' x 11'9'' |
Listing Information
- MLS®
- 10396325
- Listed
- July 31, 2026
- Time on market
- On the market for 31 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Welcome to Somerset Heights, where modern design meets some of Peachland’s most spectacular unobstructed views of Okanagan Lake. Completed in 2023, this beautifully upgraded 2,332 sq. ft. townhome offers 3 bedrooms, 3 bathrooms and exceptional multi-level living with the convenience of a private elevator. The bright, open main level is designed around the view and features engineered hardwood flooring, a custom feature wall, fireplace, motorized blinds and a stunning kitchen with quartz countertops, black Moen fixtures, KitchenAid stainless steel appliances and a Silhouette wine fridge. Step onto the main-floor patio to enjoy your morning coffee and the ever-changing lake scenery. The spacious primary suite includes a beautiful ensuite with double sinks, quartz counters, heated floors and an impressive walk-in closet. Two additional bedrooms, enhanced soundproofing and a professionally installed Murphy bed provide flexibility and privacy for family and guests. Upstairs, a relaxing loft leads to the showstopping rooftop patio, complete with a motorized louvered roof cover, motorized sunshade with automatic wind sensor, outdoor kitchen, water bib and conduit for future irrigation or misting. Additional features include upgraded lighting, ceiling fans, motion-sensor bathroom lighting, epoxy garage flooring and a Wi-Fi-enabled garage door opener. Thoughtfully finished and designed for effortless Okanagan living. (id:63159)
Values & Trends
This listing
$429/sqft
Building average
—
No other active listings in this building
Peachland average
$432/sqft
21 active listing(s)
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
7
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
| School | Type | Distance |
|---|---|---|
| Peachland Elementary | Elementary | 2.9 km |
| Glenrosa Middle School | Middle | 9.8 km |
| Webber Road Elementary | Elementary | 9.9 km |
| Helen Gorman Elementary | Elementary | 10.3 km |
| Glenrosa Elementary | Elementary | 10.3 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 10.5 km |
| Shannon Lake Elementary | Elementary | 13.5 km |
| Sensisyusten House of Learning(Independent) | Elementary | 13.5 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 (1)
- Blind Angler · 5899 Beach Avenue687 m
Parks (1)
- Pentowna Park529 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,990) — 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.