Property Type: Land / LotOwnership: Freehold

3640 Lobelia Drive

Osoyoos, BC V0H1V1

$330,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.1 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,282.22

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on pond

Listing Information

MLS®
10360037
Listed
August 21, 2025
Time on market
On the market for 375 days
Data last synced
August 28, 2026

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

Description

This centrally located vacant lot offers the perfect opportunity to create the home you’ve always envisioned. Positioned just minutes from town, you’ll enjoy quick access to shopping, schools, dining, and everyday amenities, while also being close to renowned wineries and endless recreation options. The lot is ideally suited for a walkout rancher, giving you the flexibility to design a home that blends comfort, functionality, and style. Whether you’re a builder searching for your next project or an individual ready to start fresh, this parcel provides an excellent foundation for your plans. With its combination of convenience and lifestyle, this property strikes the ideal balance between peaceful living and accessibility. Don’t miss this chance to secure a well-located lot in a desirable area and bring your vision to reality. (Floor Plans Available!) (id:63159)

Location Insights

Weather

12°C

Humidity 91%

Wind NNE calm km/h

Today

28°

Tonight

12°

Wednesday

21°

Wednesday night

13°

Thursday

21°

Thursday night

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 SecondarySecondary1.5 km
Osoyoos ElementaryElementary1.5 km
Senpaq'cin School(Independent)Elementary18.8 km
Tuc-el-Nuit ElementaryElementary19.6 km
Southern Okanagan SecondarySecondary19.7 km
Southern Okanagan AltSecondary19.7 km
Oliver ElementaryElementary19.8 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: 5.0% ($16,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$264,000.00
Periodic payment — Principal & Interest (monthly)$1,703.24
Additional monthly expenses (strata, tax, utilities, etc.)$106.85
Total monthly cost$1,810.09
Interest paid over 5-yr term$75,663.16
Balance at end of term$237,468.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,410.71

Cash Needed at Closing

Minimum down payment$16,500
Estimated BC PTT$4,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,600

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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