Property Type: Detached HouseOwnership: Freehold

6406 89th Street

Osoyoos, BC V0H1V1

$849,900

3 bed1 bath2 parking1,283 sqftBuilt 1957
Get Directions

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

RoomLevelDimensions
Full bathroomMain level
BedroomMain level10'8'' x 9'7''
BedroomMain level10'1'' x 10'6''
Primary BedroomMain level13'2'' x 11'2''
Living roomMain level12'2'' x 22'2''
KitchenMain level12'10'' 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)

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.

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

SchoolTypeDistance
Osoyoos ElementaryElementary276 m
Osoyoos SecondarySecondary1.1 km
Senpaq'cin School(Independent)Elementary17.5 km
Tuc-el-Nuit ElementaryElementary18.3 km
Southern Okanagan SecondarySecondary18.4 km
Southern Okanagan AltSecondary18.4 km
Oliver ElementaryElementary18.5 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)

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

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$339.83
Total monthly cost$4,726.45
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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.

Request more information