Property Type: Condo / ApartmentOwnership: Strata

6805 COTTONWOOD Drive Unit# 300

Osoyoos, BC V0H1V3

$565,000

2 bed2 bath1 parking1,406 sqftBuilt 1997
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$586/mo
Annual property tax
$2,537.93

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view
Waterfront
Waterfront on lake
Pool
Inground pool

Building

Roof
Unknown, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
OtherMain level7'11'' x 9'4''
StorageMain level6'3'' x 7'8''
Primary BedroomMain level14'4'' x 15'11''
KitchenMain level10'11'' x 10'3''
3pc Ensuite bathMain level7'11'' x 9'4''
Great roomMain level16'11'' x 25'10''
BedroomMain level9'8'' x 10'9''
3pc BathroomMain level7'1'' x 7'10''

Listing Information

MLS®
10363687
Listed
October 1, 2025
Time on market
On the market for 334 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Luxury Lakefront Top Floor Condo – Fully Renovated at The Palms by the Lake, Osoyoos A rare opportunity to own a fully renovated 2-bedroom, 2-bathroom condo just steps from the shores of stunning Osoyoos Lake. With $100,000 in high-end renovations and upgrades, this home offers modern luxury, unbeatable views, and resort-style amenities. Step into a beautifully redesigned interior featuring a gourmet kitchen with custom cabinetry, Cambridge quartz countertops, designer tile backsplash, and premium stainless steel appliances. Both bathrooms have been completely updated with spa-inspired fixtures, elegant tile-work, including a walk-in shower and corner soaker tub. Enjoy new luxury flooring, fresh paint, and designer lighting throughout. Take in unobstructed lakefront views from your private balcony, with the lake and park directly across the street. Whether it’s a peaceful morning coffee or a vibrant sunset, this view never gets old. The complex features in-ground swimming pool, secure heated parking, storage locker, games room, workshop, guest suite, entertainment room with full kitchen, rooftop patio and a welcoming community atmosphere – whether you're looking for a full-time residence, vacation getaway, or investment property this is it! (id:63159)

Values & Trends

This listing

$402/sqft

Building average

$379/sqft

5 active listing(s)

Osoyoos average

$245/sqft

135 active listing(s)

Parking: 1 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

19

2/9 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 ElementaryElementary1.4 km
Osoyoos SecondarySecondary2.7 km
Senpaq'cin School(Independent)Elementary17.5 km
Tuc-el-Nuit ElementaryElementary18.3 km
Southern Okanagan SecondarySecondary18.5 km
Southern Okanagan AltSecondary18.5 km
Oliver ElementaryElementary18.6 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

Cafes (1)

  • Junction 3 Coffeehouse453 m

Parks (2)

  • Unnamed81 m
  • Unnamed596 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (strata, tax, utilities, etc.)$867.84
Total monthly cost$3,783.99
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,102.43

Cash Needed at Closing

Minimum down payment$31,500
Estimated BC PTT$9,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,300

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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