5005 LAKESHORE Drive Unit# 111
Osoyoos, BC V0H1V6
$1,499,000
Amenities
Also listed: Laundry Facility
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.27 acres
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $219/mo
- Annual property tax
- $3,189.88
Maintenance Fee Includes
Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities
Interior
- Basement
- Full
- Heating
- Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco
- View
- Lake view, Mountain view
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 6 — covered indicated
- Features
- Attached Garage
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Main level | 8'10'' x 7'6'' |
| Storage | Main level | 23'7'' x 7'0'' |
| Storage | Main level | 20'2'' x 19'1'' |
| Recreation room | Main level | 9'11'' x 10'5'' |
| Other | Main level | 11'9'' x 8'1'' |
| Primary Bedroom | Third level | 16'5'' x 19'1'' |
| Living room | Third level | 19'4'' x 11'4'' |
| Living room | Third level | 13'7'' x 14'9'' |
| Living room | Second level | 32'2'' x 16'1'' |
| Laundry room | Main level | 16'4'' x 11'2'' |
| Kitchen | Second level | 7'3'' x 6'6'' |
| Kitchen | Second level | 8'9'' x 12'11'' |
| Family room | Main level | 9'11'' x 10'5'' |
| Dining room | Third level | 19'4'' x 11'4'' |
| Dining room | Third level | 12'3'' x 20'0'' |
| Dining room | Second level | 12'1'' x 12'11'' |
| Bedroom | Third level | 10'0'' x 8'5'' |
| Bedroom | Third level | 10'11'' x 14'0'' |
| Bedroom | Third level | 13'10'' x 12'3'' |
| 3pc Bathroom | Third level | — |
| 3pc Bathroom | Third level | — |
| 5pc Bathroom | Third level | — |
Listing Information
- MLS®
- 10392344
- Listed
- June 24, 2026
- Time on market
- On the market for 68 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Realty Solutions · Data source: CREA DDF.
Description
Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq. ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views. The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity. Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living. (id:63159)
Values & Trends
This listing
$159/sqft
Building average
—
No other active listings in this building
Osoyoos average
$246/sqft
135 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Osoyoos Elementary | Elementary | 2.4 km |
| Osoyoos Secondary | Secondary | 3.4 km |
| Senpaq'cin School(Independent) | Elementary | 18.7 km |
| Tuc-el-Nuit Elementary | Elementary | 19.7 km |
| Southern Okanagan Secondary | Secondary | 19.8 km |
| Southern Okanagan Alt | Secondary | 19.8 km |
| Oliver Elementary | Elementary | 19.9 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)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.