Prime RM1 Development Opportunity with Stunning Lake Views An exceptional development opportunity in a prime central location — this RM1-zoned property spans nearly half an acre and allows for up to 14 multi-family units. Ideally positioned directly across from a public beach and park, it offers unobstructed east-facing lake views that will add significant appeal and value to any future project. Just one block from an elementary school and daycare, this site is perfectly suited for family-oriented rental or strata developments. The existing 3-bedroom home requires some TLC but can be rented for holding income while development plans are underway. With strong fundamentals, a high-demand location, and excellent redevelopment potential, this is a must-see for serious builders and investors. (id:2493)
Data was last updated July 20, 2025 at 03:45 AM (UTC)
Area Statistics
Listings on market:
196
Avg list price:
$429,450
Min list price:
$64,900
Max list price:
$3,900,000
Avg days on market:
85
Min days on market:
1
Max days on market:
431
Avg price per sq.ft.:
$399.91
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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