- Active
2451 HWY 3 Other
Princeton · Vacant Land
Listed by Canada Flex Realty Group · MLS® 10396792
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Sign inAbout this home
COURT ORDERED SALE - PROPERTY SOLD AS IS, WHERE IS! Discover the possibilities with this 53-acre rural property located just 24 km from the Town of Princeton. Offering incredible potential for those seeking a hobby farm, recreational retreat, or future country homestead, this property is ready for a new vision. The land features a drilled well, septic system, gated entry, partial fencing, a large shop, and several useful outbuildings, providing a solid foundation for your rural plans. Two existing homes remain on the property and require extensive restoration, offering an opportunity for experienced renovators or those looking to rebuild. A decommissioned manufactured home is also located on the property, with the power disconnected. Whether you're dreaming of raising animals, creating a private acreage, or investing in a large parcel with endless possibilities, this property offers the space and infrastructure to bring your ideas to life. Surrounded by the beauty of the Similkameen Valley and only a short drive from Princeton, this is a rare opportunity to secure a sizeable acreage with tremendous potential. Property is being sold strictly ""as is, where is."" Buyers are encouraged to conduct their own due diligence regarding the condition of the improvements and future use of the property.
Home facts
- Property type
- Vacant Land
- Area
- Princeton Rural
- Listed
- August 4, 2026
- Structure
- Other
- PID
- 004-003-756
- Common interest
- Freehold
Highlights
- Mountain view
Rooms and building
- Sewer
- Septic tank
- Water
- Well
- Utilities
- Water, Electricity
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
- $3,218
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,568
Purchase snapshot
- List price
- $679,000
- Down payment
- $135,800 (20%)
- Estimated mortgage
- $543,200
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
- $4,126
- At 6.0772 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
- $1,160 a month
- Gross yield
- 2.1%
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.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- 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 · 50%
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.
