786 Highway 3
Princeton, BC V0X1W0
$388,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 9.88 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $1,463.73
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, River view, Valley view
- Waterfront
- Waterfront on river
Listing Information
- MLS®
- 10391350
- Listed
- June 12, 2026
- Time on market
- On the market for 80 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Offered for below assessed value - a spectacular riverfront property just minutes outside of Princeton. This nearly 10 acre parcel offers the perfect blend of convenience and serenity with the property conveniently located on Highway 3 and backing onto the serene Similkameen River. Fully fenced, this Large Holdings zoned land (not in ALR) offers many possibilities from residential potential to farming to ranching to recreation. This otherwise unimproved property is currently planted with 3 acres of Haskap Berry bushes, though they have not been actively farmed for some time. Don't miss out on this opportunity to acquire a large piece of land for great value in a spectacular setting, framed by dramatic mountains in close proximity to nature. This property is for sale by court order and sold as is, where is. All offers are subject to approval by the Supreme Court of British Columbia. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Princeton Rural average
$571/sqft
15 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
13°C
Partly Cloudy
Humidity 69%
Wind N calm 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
59
7/9 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 |
|---|---|---|
| Princeton Alternate School | Secondary | 1.0 km |
| Vermilion Forks Elementary | Elementary | 1.3 km |
| John Allison Elementary | Elementary | 1.4 km |
| Princeton Secondary | Secondary | 1.6 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+)
- Billy's Family Restaurant · 301 Vermilion Avenue45 m
- CitySlice Pizzeria · 160 Tapton Avenue324 m
- The Copper Pit · 157 Vermilion Avenue450 m
- Mikado Sushi · 130 Bridge Street517 m
- Little Creek Grill · 117 Bridge Street549 m
Cafes (3)
- Cowboy Coffee · 255 Vermilion Avenue169 m
- Frannie's coffee · 142 3rd Street226 m
- Cool Beanz Coffee House · 136 Tapton Avenue452 m
Grocery (2)
- Loonie Bin · Bridge Street715 m
- Save-On-Foods · 258 Bridge Street717 m
Parks (5+)
- Unnamed456 m
- Unnamed576 m
- Veterans Square576 m
- Unnamed666 m
- Unnamed725 m
Shopping (1)
- FIELDS · 233 Vermilion Avenue250 m
Pharmacies (2)
- I.D.A. · 114 Tapton Avenue414 m
- Shoppers Drug Mart · 232 Bridge Street689 m
Banks & ATMs (3)
- Unnamed196 m
- Valley First · 114 Tapton Avenue482 m
- CIBC · 226 Bridge Street666 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,400) — 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.