Property Type: Land / LotOwnership: Freehold

490 Wapiti Way

Osoyoos, BC V0H1V6

$274,888

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
3.11 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$997.04

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10395341
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.

Description

Build-ready 3.11-acre lot in the Anarchist Mountain community, privately located at the end of a quiet cul-de-sac. This property offers exceptional value, with a 30 GPM well with pump and liner installed, approved septic plan, and an approved Environmentally Sensitive Development Permit (ESDP) from the RDOS. Power-ready infrastructure includes electrical conduit buried from the on-property transformer to the proposed building site. The cleared, gently sloped site is ideal for a walk-out rancher or custom home, surrounded by mature trees, privacy, wildlife, and Cascade Mountain views. Enjoy peaceful mountain living just a short drive from Osoyoos and its shops, restaurants, schools, beaches, and everyday amenities. A rare opportunity to secure an acreage with key development work already completed. (id:63159)

Location Insights

Weather

16°C

Humidity 77%

Wind NNE 5 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 ElementaryElementary9.7 km
Osoyoos SecondarySecondary10.6 km
Senpaq'cin School(Independent)Elementary23.3 km
Tuc-el-Nuit ElementaryElementary24.6 km
Southern Okanagan SecondarySecondary24.8 km
Southern Okanagan AltSecondary24.8 km
Oliver ElementaryElementary24.9 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% ($13,744) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$219,910.00
Periodic payment — Principal & Interest (monthly)$1,418.78
Additional monthly expenses (strata, tax, utilities, etc.)$83.09
Total monthly cost$1,501.87
Interest paid over 5-yr term$63,026.84
Balance at end of term$197,809.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,744
Stress test qualifying rate8.09%
Payment you must qualify for$2,008.10

Cash Needed at Closing

Minimum down payment$13,744
Estimated BC PTT$3,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,742

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.

Request more information