For Sale: 196 Vermilion Avenue, Princeton, BC - REW
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$1,495,000
0 bd • 0 ba • sf • Land/Lot
196 Vermilion Avenue
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$1,495,000
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196 Vermilion AvenuePrinceton, BC, V0X 1W0

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Darren Matity PREC*, Canada Flex Realty Group Ltd.

Home facts and features

Price details
List Price
$1,495,000
Get Pre-Approved
Gross Taxes for 2026
$3,184
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
8712 ft²
Depth
Title
Freehold
Agent details
Primary Agent
Primary Broker
Canada Flex Realty Group Ltd.
Listing details
Days on REW
99 Days
Property Views
89
MLS® Number
10383623
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Princeton Secondary School
  • Public
  • 8 - 12
Vermilion Forks Elementary School
  • Public
  • 4 - 7
John Allison School
  • Public
  • Pre-K - 3
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Darren Matity PREC*
Phone:
(236) 457-4499
Cell:
236-457-4499
Office:
250-300-3656
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.