Property Type: Land / LotOwnership: Freehold

LOT 1 Old Hedley Road

Princeton, BC V0X1W0

$195,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
37.31 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$355

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10397641
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

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

Description

37 acre parcel located just 10 kms from town on the beautiful Old Hedley Road. This sunny mountainside property is open to southerly exposure with surrounding mountain views. Flat building sites have easy road access with power near the lot line. A great location for a small hobby farm. Zoning allows a single family home or mobile home. Direct access to crown land and nearby access to Similkameen River and Bromley Rock provincial park. Located on a quiet road that's close to town. (id:63159)

Location Insights

Weather

Partly Cloudy

18°C

Partly Cloudy

Humidity 51%

Wind WNW 5 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 SecondarySecondary8.4 km
Princeton Alternate SchoolSecondary8.5 km
Vermilion Forks ElementaryElementary10.1 km
John Allison ElementaryElementary10.2 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: 5.0% ($9,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$156,000.00
Periodic payment — Principal & Interest (monthly)$1,006.46
Additional monthly expenses (strata, tax, utilities, etc.)$29.58
Total monthly cost$1,036.04
Interest paid over 5-yr term$44,710.05
Balance at end of term$140,322.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,424.51

Cash Needed at Closing

Minimum down payment$9,750
Estimated BC PTT$1,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,200

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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