6406 89th Street
Osoyoos, BC V0H1V1
$849,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.45 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,310
Interior
- Heating
- Forced air
- Cooling / A/C
- Window air conditioner, Wall unit
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view
- Waterfront
- Other
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage, Other, Oversize, See Remarks
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full bathroom | Main level | — |
| Bedroom | Main level | 10'8'' x 9'7'' |
| Bedroom | Main level | 10'1'' x 10'6'' |
| Primary Bedroom | Main level | 13'2'' x 11'2'' |
| Living room | Main level | 12'2'' x 22'2'' |
| Kitchen | Main level | 12'10'' x 12'2'' |
Listing Information
- MLS®
- 10381208
- Listed
- March 30, 2026
- Time on market
- On the market for 154 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Realty Solutions · Data source: CREA DDF.
Description
Rare RM1 Development Opportunity with Panoramic Lake Views. Exceptional investment and development opportunity in one of the area’s most desirable central locations. This nearly half-acre RM1-zoned property allows for up to 14 multi-family units, offering outstanding potential for builders and investors looking to capitalize on a high-demand lakeside setting. Perfectly positioned directly across from a public beach and park, the property enjoys unobstructed east-facing lake views, a premium feature that will add lasting value and appeal to any future development. Ideally located just one block from an elementary school and daycare, this site is exceptionally well suited for family-oriented rental or strata projects. The existing 3-bedroom home is currently tenanted, providing valuable holding income while development plans are underway. A rare combination of location, zoning, views, and income potential This is a standout opportunity for serious developers and long-term investors. (id:63159)
Values & Trends
This listing
$662/sqft
Building average
—
No other active listings in this building
Osoyoos average
$561/sqft
130 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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
26
5/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Osoyoos Elementary | Elementary | 276 m |
| Osoyoos Secondary | Secondary | 1.1 km |
| Senpaq'cin School(Independent) | Elementary | 17.5 km |
| Tuc-el-Nuit Elementary | Elementary | 18.3 km |
| Southern Okanagan Secondary | Secondary | 18.4 km |
| Southern Okanagan Alt | Secondary | 18.4 km |
| Oliver Elementary | Elementary | 18.5 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.
Nearby Places
Restaurants (5+)
- Diamond Steak and Seafood686 m
- Golden Chopsticks · 8527 Main Street719 m
- Kozo Cafe727 m
- Smitty's733 m
- Unnamed · 8515 Main Street735 m
Cafes (1)
- Tim Hortons680 m
Grocery (1)
- Nesters Market · 8130 Main Street690 m
Parks (5+)
- Legion Beach Park44 m
- Unnamed124 m
- Veterans Park658 m
- Gyro Park687 m
- Town Square / Farmers' Market690 m
Banks & ATMs (2)
- CIBC · 8516 Main Street772 m
- BMO · 8502 Main Street793 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Similkameen (SD53)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,990) — 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.





