Property Type: Land / LotOwnership: Strata

SVE30 OLD HOPE PRINCETON HIGHWAY, Sunshine Valley

Hope, BC V0X1L5

$205,000

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Property Details

Property & Lot

Lot size
11,250 square feet
Frontage
75 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Annual property tax
$593.07 (2023)

Interior

Fireplace
None

Listing Information

MLS®
R2991199
Listed
April 22, 2025
Time on market
On the market for 496 days
Tax assessment year
2023
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Incredible opportunity awaits in Sunshine Valley! Embrace the tranquility of this 1/4 acre lot nestled near Manning Park & Lightning Lakes, just a convenient 2-hour drive from Vancouver & 12 minutes from Hope. This property beckons with its potential for full-time living (permitted) among NATURE, yet close to everything you need! Build your home that you've been dreaming of! 999-year prepaid lease & the security of a gated community. Water, septic, and power already completed! Endless year-round enjoyment outdoors, from invigorating hikes & serene fishing trips to thrilling ATV adventures and skiing excursions. Get away from the city stresses and experience the allure of Sunshine Valley! (id:63159)

Location Insights

Weather

Clear

17°C

Clear

Humidity 84%

Wind W calm km/h

Tonight

13°

Tuesday

23°

Tuesday night

15°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

6,686

(2021 Census)

+8.2% since 2016

Density: 163.6/km²

Dwellings: 3,243

Median household income: $64,000

After-tax: $58,800

Immigrant population: 14.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 195
  • United States of America1.6% · 110
  • Netherlands1% · 70
  • Germany0.8% · 55
  • Philippines0.7% · 45
  • India0.4% · 30
  • Mexico0.4% · 25
  • Poland0.4% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Two Rivers Education CentreSecondary17.9 km
Coquihalla ElementaryElementary18.0 km
Silver Creek ElementaryElementary18.1 km
Spirit of Hope SecondaryK-1218.3 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: Fraser-Cascade (SD78)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$164,000.00
Periodic payment — Principal & Interest (monthly)$1,058.07
Additional monthly expenses (strata, tax, utilities, etc.)$49.42
Total monthly cost$1,107.49
Interest paid over 5-yr term$47,002.87
Balance at end of term$147,518.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,497.56

Cash Needed at Closing

Minimum down payment$10,250
Estimated BC PTT$2,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,850

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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