- Active
5979 Princess Street
Peachland · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 2,331
- Built
- 2023
Listed by Royal LePage Kelowna · MLS® 10396325
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Welcome to Somerset Heights, where modern design meets some of Peachland’s most spectacular unobstructed views of Okanagan Lake. Completed in 2023, this beautifully upgraded 2,332 sq. ft. townhome offers 3 bedrooms, 3 bathrooms and exceptional multi-level living with the convenience of a private elevator. The bright, open main level is designed around the view and features engineered hardwood flooring, a custom feature wall, fireplace, motorized blinds and a stunning kitchen with quartz countertops, black Moen fixtures, KitchenAid stainless steel appliances and a Silhouette wine fridge. Step onto the main-floor patio to enjoy your morning coffee and the ever-changing lake scenery. The spacious primary suite includes a beautiful ensuite with double sinks, quartz counters, heated floors and an impressive walk-in closet. Two additional bedrooms, enhanced soundproofing and a professionally installed Murphy bed provide flexibility and privacy for family and guests. Upstairs, a relaxing loft leads to the showstopping rooftop patio, complete with a motorized louvered roof cover, motorized sunshade with automatic wind sensor, outdoor kitchen, water bib and conduit for future irrigation or misting. Additional features include upgraded lighting, ceiling fans, motion-sensor bathroom lighting, epoxy garage flooring and a Wi-Fi-enabled garage door opener. Thoughtfully finished and designed for effortless Okanagan living.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full + 1 half
- Interior
- 2,331 sq ft
- Year built
- 2023
- Storeys
- 4
- Parking
- 4
- Property type
- Single Family
- Basement
- Full
- Garage
- Yes
- Fireplace
- 1
- Area
- Peachland
- Listed
- July 31, 2026
- Structure
- Row / Townhouse
- PID
- 031-892-744
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Rooftop deck
- Patio
- Wine fridge
- Fireplace
- Hardwood floors
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Wine Fridge, Range, Dryer
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood, Carpeted
- Parking
- Attached Garage, Additional Parking
- Community
- Rentals Allowed
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
- $4,621
- Property tax
- $283/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,054
Purchase snapshot
- List price
- $974,900
- Down payment
- $194,980 (20%)
- Estimated mortgage
- $779,920
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
- $4,822
- 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
- $1,947 a month
- Gross yield
- 2.4%
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 · 46%
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.
