640 HIGHWAY 3 Unit# 1
Princeton, BC V0X1W0
$299,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,286.39
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10329628
- Listed
- December 2, 2024
- Time on market
- On the market for 637 days
- Data last synced
- August 28, 2026
Listing provided by: Easy List Realty · Data source: CREA DDF.
Description
For more information click the brochure button below. Discover this private getaway on this stunning 1.999-acre property minutes to the heart of Princeton, BC. This incredible lot offers breathtaking natural beauty and the perfect setting to build your custom home. Conveniently located with easy access to amenities, yet tucked away for ultimate privacy, it’s an ideal spot for those seeking a tranquil escape. The lot is improved and ready for development. It has been partially cleared and includes a utility shed equipped with electricity, city water, phone, and internet. Located within Princeton city limits, the property sits above the flood plain. Zoned as RC – Country Residential, this versatile property allows for a variety of uses, including potential as: Agriculture, Backyard hens, Bed and breakfast, Carriage house, Major home occupations, Public open space recreation, Public service or utility buildings and structures (without exterior storage or garages for vehicle/equipment repair) Wildlife conservation areas or reserves Single detached dwelling. Accessory uses, buildings, and structures (See Page 41 of Princeton's Zoning Bylaw for full permitted uses.) Don’t miss this rare opportunity to own a breathtaking and convenient property that’s ready for your custom vision! (id:63159)
Location Insights
Weather
18°C
Partly Cloudy
Humidity 51%
Wind WNW 5 km/h
Tonight
7°
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
7
1/9 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 |
|---|---|---|
| Vermilion Forks Elementary | Elementary | 457 m |
| John Allison Elementary | Elementary | 1.0 km |
| Princeton Alternate School | Secondary | 2.2 km |
| Princeton Secondary | Secondary | 2.8 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.
Nearby Places
Restaurants (2)
- Livinit · 110 Bromley Place258 m
- The Vermilion Fork · 102 Frontage Road472 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,950) — 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.