Property Type: Land / LotOwnership: Freehold

8121 MAIN Street

Osoyoos, BC V0H1V0

$1,299,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.31 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,057.69

Interior

Fireplace
None

Listing Information

MLS®
10388380
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Wine Capital Realty · Data source: CREA DDF.

Description

INVESTMENT POTENTIAL! Ideally located directly along Highway 97 in the heart of Osoyoos, this prime development property offers an exceptional opportunity for investors and developers alike. A Development Permit is already in place for a proposed four-story mixed-use building featuring 6 commercial units on the main level and 18 residential apartments across the upper three floors. Positioned within walking distance to the lake, beaches, restaurants, and shopping amenities, this property combines convenience with strong future growth potential. Enjoy stunning mountain and lake views that will add long-term appeal for both residential tenants and commercial occupants. Whether you are looking to develop immediately or secure a strategic holding property in one of the South Okanagan’s most desirable communities, this is an opportunity you won’t want to miss. Contact us today for additional information and development details. (id:63159)

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

56

6/9 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 ElementaryElementary445 m
Osoyoos SecondarySecondary1.8 km
Senpaq'cin School(Independent)Elementary17.2 km
Tuc-el-Nuit ElementaryElementary18.0 km
Southern Okanagan SecondarySecondary18.1 km
Southern Okanagan AltSecondary18.1 km
Oliver ElementaryElementary18.2 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+)

  • Kozo Cafe137 m
  • Ogopogo Burgers & Shakes · 8515B Main Street338 m
  • Unnamed · 8515 Main Street347 m
  • Golden Chopsticks · 8527 Main Street387 m
  • Wildfire Grill · 8526 Main Street408 m

Cafes (3)

  • Gino's Coffee House · 8316 Main Street290 m
  • Tim Hortons581 m
  • Junction 3 Coffeehouse771 m

Grocery (1)

  • Nesters Market · 8130 Main Street35 m

Parks (5+)

  • Gyro Park199 m
  • Veterans Park245 m
  • Gyro Park332 m
  • Unnamed423 m
  • Unnamed436 m

Pharmacies (2)

  • Shoppers Drug Mart · 8305 Main Street219 m
  • Pharmasave · 8301C 78 Avenue337 m

Banks & ATMs (3)

  • Cascadia Credit Union · 8312 Main Street286 m
  • BMO · 8502 Main Street330 m
  • CIBC · 8516 Main Street368 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$504.81
Total monthly cost$7,209.37
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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