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The Corporation of the District of Coldstream was incorporated in 1906 and celebrated its centennial in 2006. The municipal district which lies at an altitude of 1,410 ft above the sea level occupies 67.25 square kilometers southeast of Vernon. It is a member municipality of Regional District of North Okanagan and also the location of its offices. The municipality is also considered part of Greater Vernon and is known for Captain Charles Frederick Houghton's Coldstream Ranch which was established in 1863 and still is a working cattle ranch.
The town which has had problems with its planning in the past is known to have been a bustling forestry and agriculture industry. Retail, manufacturing, trade and services have since become its primary industries.
School District 22 Vernon covers the public schools in the region. They include Kidston Elementary School, Coldstream Elementary School and Kalamalka Secondary School. Also within the municipality is a campus of Okanagan College.