- Active
#111 – 5005 LAKESHORE Drive
Osoyoos · Single Family
- Beds
- 4
- Baths
- 3
- Sqft
- 4,866
- Built
- 1970
Listed by RE/MAX Realty Solutions · MLS® 10392344
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Sign inAbout this home
Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq. ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views. The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity. Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living.
Home facts
- Bedrooms
- 4
- Bathrooms
- 3 full
- Interior
- 4,866 sq ft
- Year built
- 1970
- Storeys
- 3
- Parking
- 6
- Property type
- Single Family
- Basement
- Full
- Garage
- Yes
- Area
- Osoyoos
- Style
- Ranch
- Listed
- June 24, 2026
- Structure
- House
- PID
- 026-312-115
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Private yard
- Hot tub
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer
- Heating
- Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
- Lot
- Level lot, See remarks, Balcony, Three Balconies
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $7,105
- Property tax
- $433/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,688
Purchase snapshot
- List price
- $1,499,000
- Down payment
- $299,800 (20%)
- Estimated mortgage
- $1,199,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $8,457
- At 5.6420 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 47%
Who lives here
Documents
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