Property Type: Detached HouseOwnership: Freehold

4026 Oleander Drive

Osoyoos, BC V0H1V1

$725,000

4 bed3 bath2 parking3,352 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,329

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomLower level11'10'' x 28'8''
Laundry roomLower level11'10'' x 16'8''
BedroomLower level12'9'' x 13'9''
Full bathroomLower level9'3'' x 9'10''
BedroomLower level13'3'' x 15'11''
Family roomLower level22'8'' x 26'3''
KitchenLower level10'5'' x 13'1''
Laundry roomMain level5'1'' x 7'10''
FoyerMain level8'7'' x 16'1''
BedroomMain level9'10'' x 10'9''
Full bathroomMain level4'10'' x 10'9''
OfficeMain level10'11'' x 12'5''
Full ensuite bathroomMain level9'4'' x 13'2''
Primary BedroomMain level13'10'' x 15'9''
Dining roomMain level11'7'' x 13'
KitchenMain level8'11'' x 13'11''
Living roomMain level17'7'' x 22'6''

Listing Information

MLS®
10391283
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Desert Oasis Rlty · Data source: CREA DDF.

Description

This custom-built, four-bedroom and three-bathroom residence presents a high-value opportunity for buyers looking to build equity through cosmetic updates in a prime Osoyoos location. The main floor features 9-foot ceilings and a spacious open-concept living area, including a kitchen finished with granite countertops. The primary suite offers a functional layout with a walk-in closet and an ensuite featuring heated tile floors. A dedicated office with a private exterior entrance provides a versatile workspace for remote professionals. The bright lower level includes two oversized bedrooms and a second kitchen, offering clear potential for a self-contained suite to maximize rental income. While the interior awaits your personal touch and modernizing finishes, the home’s structural foundations and lake-view covered deck provide a solid basis for investment. Practical features include an oversized double garage, ample RV parking, and a fenced backyard. Situated near the lake and local amenities, this property is ideal for investors or first-time buyers ready to revitalize a custom home in the heart of Canada’s wine country. Use your vision to unlock the full potential of this functional South Okanagan asset. (id:63159)

Values & Trends

This listing

$216/sqft

Building average

No other active listings in this building

Osoyoos average

$565/sqft

130 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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 ElementaryElementary1.2 km
Osoyoos SecondarySecondary1.4 km
Senpaq'cin School(Independent)Elementary18.6 km
Tuc-el-Nuit ElementaryElementary19.3 km
Southern Okanagan SecondarySecondary19.4 km
Southern Okanagan AltSecondary19.4 km
Oliver ElementaryElementary19.5 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: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$580,000.00
Periodic payment — Principal & Interest (monthly)$3,741.96
Additional monthly expenses (strata, tax, utilities, etc.)$612.08
Total monthly cost$4,354.05
Interest paid over 5-yr term$166,229.67
Balance at end of term$521,711.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,209.74

Cash Needed at Closing

Minimum down payment$47,500
Estimated BC PTT$12,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,500

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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