For Sale: 196 Vermilion Avenue, Princeton, BC - REW
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$1,395,000
0 bd • 0 ba • sf • Land/Lot
196 Vermilion Avenue
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$1,395,000
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196 Vermilion AvenuePrinceton, BC, V0X 1W0

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

About this home

Shovel-ready mixed-use development site with Development Permit in place — downtown Princeton, BC. Rare Development Permit-approved opportunity offered with a complete, construction-ready development package. The 9,066 sq ft footprint at 196 Vermilion Avenue carries an issued Development Permit for a proposed four-storey mixed-use building of 27 residential suites (21 one-bedroom / 6 two-bedroom) over four ground-floor commercial units. Current zoning permits mixed-use and hotel use, and the Town of Princeton has confirmed short-term rental use. An adjacent 20-stall parking arrangement is secured by registered covenant. The included package features full architectural and modular design documentation, a Class C cost estimate, and a professional appraisal — positioning a purchaser to move directly to construction. A strong fit for developers and investors seeking an approved, ready-to-build site in BC’s growing Southern Interior. Proposed building area approx. 23,677 sq ft. All measurements, permitted uses, and permit conditions are approximate and to be independently verified by the buyer. Detailed development and financial package available to qualified parties on request. (id:63626)
Listed by: Darren Matity PREC*, Canada Flex Realty Group

Home facts and features

Price details
List Price
$1,395,000
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
Listing details
Days on REW
148 Days
Property Views
108
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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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Princeton Secondary School
  • Public
  • 8 - 12
Vermilion Forks Elementary School
  • Public
  • 4 - 7
John Allison School
  • Public
  • Pre-K - 3
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Darren Matity PREC*
Phone:
(236) 457-4499
Cell:
236-457-4499
Office:
250-273-7409
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