Property Type: Land / LotOwnership: Freehold

Lot 4 PRINCETON SUMMERLAND Road

Princeton, BC V0X1W0

$229,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.48 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$846

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10397063
Listed
August 19, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

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

Description

Featuring 4.45 acres of bare land located near the recreational haven of Bankeir & Osprey Lake. Uniquely split by Trout Creek Main Forest Service Rd, it’s like owning two lots for the price of one, creating an opportunity for two families to enjoy separately. The property is easy to access all year round and is well treed for privacy and borders the Trans Canada Trail for unlimited access to back country exploration! Just a few minutes drive or ATV ride the KVR to Osprey, Link and Chain Lakes. Access to power lines located on Princeton Summerland Rd. Includes 2 water licences (one for each side). Great opportunity to build your get-away cabin, dream home, mobile home or park your RV. (id:63159)

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

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$70.50
Total monthly cost$1,252.44
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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