Property Type: Land / LotOwnership: Freehold

268 GRIZZLY Road

Osoyoos, BC V0H1V6

$650,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
51.19 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,103.19

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10376220
Listed
February 19, 2026
Time on market
On the market for 194 days
Data last synced
August 28, 2026

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

Description

Build your DREAM HOME and more on this enormous Lot with SPECTACULAR VIEWS of Osoyoos Lake and the utmost PRIVACY with 50-Acres to roam free! Being offered to the visionary that will transform this parcel into a DREAM OASIS, the 'RA' Zoning has a variety of uses and the land offers multiple beautiful vistas. Just 15 min from Osoyoos, you can watch the wildlife bound through your yard, create a unique business plan, or buy as a holding property for years to come. Bring your ideas to this remarkable property in a Desert Ecosystem unlike any other in Canada! Info Pkg available. (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 ElementaryElementary6.3 km
Osoyoos SecondarySecondary7.3 km
Senpaq'cin School(Independent)Elementary20.6 km
Tuc-el-Nuit ElementaryElementary21.8 km
Southern Okanagan SecondarySecondary22.0 km
Southern Okanagan AltSecondary22.0 km
Oliver ElementaryElementary22.1 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: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$258.60
Total monthly cost$3,613.46
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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