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:44056)

Property Details

Full Address:
6406 89th Street, Osoyoos, British Columbia
Price:
$ 849,900
MLS Number:
10381208
List Date:
March 30th, 2026
Lot Size:
0.45 ac
Year Built:
1957
Taxes:
$ 3,310

Interior Features

Bedrooms:
3
Bathrooms:
1
Total Rooms:
Air Conditioning:
Window air conditioner, Wall unit
Heating:
Forced air

Building Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Garage:
Detached Garage, Other, Oversize, See Remarks
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 3,310

Floors

Finished Area:
1283 sq.ft.

Land

View:
Lake view, Mountain view
Lot Size:
0.45 ac
Water Frontage Type:
Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Lead Agent: Eileen McGinn
Office: RE/MAX Realty Solutions
Originating Board: Association of Interior REALTORS®
Co-Listing: Jesse Jenks
RE/MAX Realty Solutions

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