5005 LAKESHORE Drive Unit# 111

5005 LAKESHORE Drive Unit# 111 · Osoyoos · House · 4 bed · 3 bath · $1,499,000 · MLS 10392344

Osoyoos, British Columbia
C$1,499,000
For sale
5005 LAKESHORE Drive Unit# 111

5005 LAKESHORE Drive Unit# 111 is located in Osoyoos. Property snapshot: House, 4 bed, 3 bath, listed at $1,499,000, MLS 10392344. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest

List Price: $1,499,000
MLS: 10392344
Bedrooms: 4
Bathrooms: 3
Interior Size: 9,421 sqft
Days on Market: -
Days on Site: 10
Deal Score: 50/100
Price History: Latest recorded list price 1499000.00

Local Decision Guide

How should buyers evaluate 5005 LAKESHORE Drive Unit# 111?

Start by reading this listing in its Osoyoos context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5005 LAKESHORE Drive Unit# 111?

This page shows a list price of $1,499,000 with MLS 10392344.

What type of home is this Osoyoos listing?

The page shows House, 4 bed, 3 bath at 5005 LAKESHORE Drive Unit# 111. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1499000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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. (id:56153)

Property Details

House
Building Type
4
Bedrooms
3
Bathrooms
1970
Year Built
56 years
Age
10
Days on Site
11,761 sf
Lot Area
9,421 sqft
Interior Size
C$159
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29948529 (10392344)

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Site Context

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Property Summary

Price: C$1,499,000

Lot Area: 11,761 sf

PID: 026-312-115

Days on Site: 10 days

Added to BurnabyHouse: 2026-06-24

Updated on: 2026-06-26 01:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Parks / Green Space
swiws PARK
About 415.6 m away
Class A · 0142 · 00
ANARCHIST PROTECTED AREA
About 2 km away
0440 · 00

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 26 Jun 2026 12:44:37 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: RE/MAX Realty Solutions

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