- Active
786 Highway 3 Other
Princeton · Agriculture
Listed by Sotheby's International Realty Canada · MLS® 10391350
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Sign inAbout this home
Offered for below assessed value - a spectacular riverfront property just minutes outside of Princeton. This nearly 10 acre parcel offers the perfect blend of convenience and serenity with the property conveniently located on Highway 3 and backing onto the serene Similkameen River. Fully fenced, this Large Holdings zoned land (not in ALR) offers many possibilities from residential potential to farming to ranching to recreation. This otherwise unimproved property is currently planted with 3 acres of Haskap Berry bushes, though they have not been actively farmed for some time. Don't miss out on this opportunity to acquire a large piece of land for great value in a spectacular setting, framed by dramatic mountains in close proximity to nature. This property is for sale by court order and sold as is, where is. All offers are subject to approval by the Supreme Court of British Columbia.
Home facts
- Property type
- Agriculture
- Area
- Princeton Rural
- Listed
- June 12, 2026
- Structure
- Other
- PID
- 028-576-969
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Well
- Utilities
- Water, Sewer, 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
- $1,654
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,904
Purchase snapshot
- List price
- $349,000
- Down payment
- $69,800 (20%)
- Estimated mortgage
- $279,200
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
- $2,121
- 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
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 · 45%
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.
