Property Type: Land / LotOwnership: Freehold

389 Chapman Road

Osoyoos, BC V0H1V6

$599,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
10 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,043.38

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10389569
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

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

Description

Let your dreams run wild and BUILD YOUR DREAM HOME, or CREATE YOUR OWN PRIVATE RETREAT!!! Raw, private, and genuinely one of a kind. If you've been looking for a piece of the Okanagan that still feels untouched — this is it! 10 acres property just 10 minutes East of Osoyoos on desirable Chapman Road. Perched high above Osoyoos with great views of Osoyoos Lake and surrounding mountains, this gorgeous property features a few beautiful building sites and 2 drilled wells. One of the lowest elevation lots on Anarchist Mountain, not too far from Osoyoos, not too close to Osoyoos, because it's just right! Seconds off of Highway 3, great location for B&B, however, LH1 (large holding) zoning allows for wide usage. Facing west across one of the most striking landscapes in the South Okanagan — Osoyoos Lake, the Chopaka Mountains, and the town laid out below you. The views from the building sites are panoramic and they're real. (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 ElementaryElementary5.0 km
Osoyoos SecondarySecondary6.1 km
Senpaq'cin School(Independent)Elementary18.9 km
Tuc-el-Nuit ElementaryElementary20.0 km
Southern Okanagan SecondarySecondary20.2 km
Southern Okanagan AltSecondary20.2 km
Oliver ElementaryElementary20.3 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: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$253.62
Total monthly cost$3,349.90
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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