- Active
#109 – 5970 Princess Street
Peachland · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,361
- Built
- 1987
Listed by REMAX Kelowna · MLS® 10398823
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Sign inAbout this home
One of the best-priced lakeview townhomes in Peachland, and it shows the moment you walk in. Welcome to this 2-bedroom, 2-bathroom walkout rancher in the sought-after 55+ community of Okanagan Ridge. You're just a short stroll from Beach Avenue, Okanagan Lake, restaurants, and scenic walking paths. This is the lifestyle you've been waiting for. The main level welcomes you with a bright, open-concept layout, complete with a cozy gas fireplace, a spacious dining area, and a kitchen with real style. Downstairs, both the primary bedroom and second bedroom soak up gorgeous lake views, alongside an updated full bathroom and a laundry room that makes life easy. Step out onto your private deck and take in sweeping views of Okanagan Lake and the mountains beyond, the perfect spot to unwind or host friends. Round it out with a covered carport and a peaceful, well-kept community, This move-in-ready home is comfort, convenience, and jaw-dropping scenery, all wrapped into one. Peachland living doesn't get much better.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full + 1 half
- Interior
- 1,361 sq ft
- Year built
- 1987
- Storeys
- 2
- Parking
- 1
- Property type
- Single Family
- Basement
- Full
- Area
- Peachland
- Style
- Ranch
- Listed
- August 26, 2026
- Structure
- Row / Townhouse
- PID
- 006-776-191
- Common interest
- Condo/Strata
Highlights
- Fireplace
Features and inclusions
- Heating
- Forced air
- Cooling
- See Remarks
- Parking
- Covered, Stall, Additional Parking
- Community
- Seniors Oriented
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,014
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,289
Purchase snapshot
- List price
- $425,000
- Down payment
- $85,000 (20%)
- Estimated mortgage
- $340,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,102
- At 4.9462 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,650 a month
- Gross yield
- 4.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 43%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.