Property Type: Land / LotOwnership: Freehold

12300 Pinehurst Place

Osoyoos, BC V0H1V4

$1,080,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,769

Interior

Fireplace
None

Listing Information

MLS®
10373137
Listed
January 23, 2026
Time on market
On the market for 221 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Realty Solutions · Data source: CREA DDF.

Description

RARE DEVELOPMENT OPPORTUNITY! This remarkable 1.20acre parcel in the coveted Dividend Ridge subdivision in Osoyoos presents an ideal canvas for visionary investors or builders. Boasting a generous 0.48 Ha (1.20 acre) expanse, this prime land parcel comes complete with approved plans and development permit for the construction of 6 exquisite duplexes, each offering spacious units spanning between 1,800 - 2,000 sqft. Situated mere steps from the prestigious Osoyoos Golf Course and Country Club, this location is a golfer's paradise. Embrace the allure of tranquil surroundings while reveling in the convenience of proximity to this premier recreational amenity. Whether you're an investor seeking a lucrative project or a builder ready to embark on a prestigious development, seize this rare chance to create an exceptional living space in a sought-after locale. Don't miss out on the potential and promise this offering holds! (id:63159)

Location Insights

Weather

23°C

Humidity 43%

Wind S 7 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,556

(2021 Census)

+10% since 2016

Density: 660.6/km²

Dwellings: 3,279

Median household income: $66,000

After-tax: $60,800

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 210
  • India3.3% · 185
  • United States of America1.9% · 105
  • Portugal1.6% · 90
  • Germany1.1% · 60
  • Philippines1.1% · 60
  • Italy0.5% · 30
  • Netherlands0.4% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Osoyoos SecondarySecondary1.0 km
Osoyoos ElementaryElementary2.4 km
Senpaq'cin School(Independent)Elementary18.5 km
Tuc-el-Nuit ElementaryElementary19.0 km
Southern Okanagan SecondarySecondary19.1 km
Southern Okanagan AltSecondary19.1 km
Oliver ElementaryElementary19.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($83,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$864,000.00
Periodic payment — Principal & Interest (monthly)$5,574.23
Additional monthly expenses (strata, tax, utilities, etc.)$397.42
Total monthly cost$5,971.65
Interest paid over 5-yr term$247,624.88
Balance at end of term$777,170.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$83,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,666.58

Cash Needed at Closing

Minimum down payment$83,000
Estimated BC PTT$19,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$104,100

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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