Property Type: Detached HouseOwnership: Freehold

849 Old Princeton-Merritt Highway

Princeton, BC V0X1W0

$699,900

4 bed3 bath2 parking2,688 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
4.22 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,175

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding

Building

Foundation
Preserved Wood
Roof
Metal, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement13' x 14'
Full bathroomBasement
BedroomBasement13' x 17'
Family roomBasement13' x 20'
Full ensuite bathroomMain level
Full bathroomMain level
BedroomMain level9' x 10'
BedroomMain level10' x 10'
Primary BedroomMain level10' x 12'
Dining roomMain level10' x 12'
Living roomMain level14' x 17'
KitchenMain level12' x 14'

Listing Information

MLS®
10377319
Listed
February 27, 2026
Time on market
On the market for 185 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Horizon West Realty · Data source: CREA DDF.

Description

Enjoy the best of both worlds with this small country acreage located just minutes from town amenities. Featuring a spacious 4-bedroom home offers room for the whole family with a thoughtful layout designed for comfortable living. The main bedroom features a full ensuite and walk-in closet, creating a quiet and private escape at the end of the day. A wood/electric forced air furnace provides efficient and flexible heating options year-round, while the attached double garage adds everyday convenience and storage. Set on 4.22 acres, this property is perfectly equipped for horses, a hobby farm, or anyone craving extra space and privacy. Outbuildings include a hay barn, horse shelter, and chicken coop — making it easy to step right into rural living. The rear sun deck is ideal for relaxing, entertaining, or simply enjoying peaceful views of your acreage. Located less than a 10-minute drive from town, you’ll enjoy the balance of country freedom with close access to amenities. Whether you’re looking to keep animals, grow your own food, or just spread out and breathe, this property offers the lifestyle opportunity you’ve been waiting for. (id:63159)

Values & Trends

This listing

$260/sqft

Building average

No other active listings in this building

Princeton Rural average

$529/sqft

22 active listing(s)

Parking: 2 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

13°C

Partly Cloudy

Humidity 69%

Wind N calm 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
Princeton SecondarySecondary6.8 km
Princeton Alternate SchoolSecondary7.4 km
John Allison ElementaryElementary8.0 km
Vermilion Forks ElementaryElementary8.6 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.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$315.25
Total monthly cost$3,927.66
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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