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Lot 4 PRINCETON SUMMERLAND Road
Princeton · Vacant Land
Listed by Century 21 Horizon West Realty · MLS® 10397063
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Sign inAbout this home
Featuring 4.45 acres of bare land located near the recreational haven of Bankeir & Osprey Lake. Uniquely split by Trout Creek Main Forest Service Rd, it’s like owning two lots for the price of one, creating an opportunity for two families to enjoy separately. The property is easy to access all year round and is well treed for privacy and borders the Trans Canada Trail for unlimited access to back country exploration! Just a few minutes drive or ATV ride the KVR to Osprey, Link and Chain Lakes. Access to power lines located on Princeton Summerland Rd. Includes 2 water licences (one for each side). Great opportunity to build your get-away cabin, dream home, mobile home or park your RV.
Home facts
- Property type
- Vacant Land
- Area
- Princeton Rural
- Listed
- August 18, 2026
- Structure
- Other
- PID
- 024-126-781
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Private setting, Treed
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Utilities
- Water, Sewer, Natural Gas, 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
- $1,085
- Property tax
- $67/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,302
Purchase snapshot
- List price
- $229,000
- Down payment
- $45,800 (20%)
- Estimated mortgage
- $183,200
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
- $1,392
- 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
- $1,100 a month
- Gross yield
- 5.8%
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
Land · 38%
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.
