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$1,495,000
British Columbia,Princeton
For Sale Active
196 Vermilion Avenue, Princeton, British Columbia V0X1W0
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Basic Details
Description

Prime Mixed-Use Development Opportunity in Princeton Positioned to become a landmark in the heart of Princeton, this exceptional property is being prepared for a 27-suite residential building mix of 1 and 2 bedroom suites with main floor commercial space, designated parking and convenient location. design permit is expected shortly which can significantly reduces timelines and allows a developer to move

forward with confidence. Princeton is experiencing a critical shortage of housing, with extremely low vacancy rates in both long-term and short-term rentals. Strong demand is driven by major industry players in the region, creating consistent need for employee housing, along with growing demand from the broader community. This property presents a rare opportunity to deliver a signature mixed-use building that combines residential density with valuable commercial frontage—ideal for retail, office, or service-based tenants. The seller is open to building and consulting services if required. With approvals nearing, strong rental demand, and limited competing inventory, this is a chance to develop a trademark building in a market primed for growth and long-term returns. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10383623
  • Price: $1,495,000
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 286537
Features & Appliances
Features
  • Sewer: Municipal sewage system
  • Utilities: Water, Electricity, Sewer, Telephone
Address Map
  • Location: CA, British Columbia, Princeton, V0X1W0
  • Street: Vermilion
  • Street Number: 196
  • Street Suffix: Avenue
  • Longitude: W121° 29' 29''
  • Latitude: N49° 27' 27.6''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.2
Financial
  • Tax Annual Amount: 3183.94
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Listing updated: 2026-04-17 08:30:36
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Listing Information
  • List Agent Key: 2147668
  • List Office Key: 286537
  • Modification Timestamp: 2026-04-15T22:55:33Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-04-15T22:48:45Z
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Listing updated: 2026-04-17 08:30:36
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