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:2493)
Data was last updated June 3, 2026 at 05:15 PM (UTC)
Area Statistics
Listings on market:
175
Avg list price:
$785,000
Min list price:
$39,900
Max list price:
$11,590,000
Avg days on market:
69
Min days on market:
2
Max days on market:
478
Avg price per sq.ft.:
$307.96
These statistics are generated based on the current listing's property type
and located in
Osoyoos. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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