1 / 30

Investment signal

$599,000

609 Highway 97

Save this home

Beds

—

Baths

—

Sqft

—

Year

—

Type

Other

Suite

Suite potential

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Osoyoos. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

EXCELLENT INVESTMENT OPPORTUNITY in a high-exposure commercial zone, surrounded by orchards in a scenic setting just 5 minutes from downtown Osoyoos and steps from the U.S. border. Situated on a large 0.35-acre lot, this versatile property offers ample outdoor parking and a solid income stream with two existing leases in place generating $3,800 per month. The building features THREE separate office spaces, each with its own electrical service—providing flexibility for future tenants or owner-users. One office space is currently vacant, offering additional income potential. Recent upgrades include a brand new roof, and the large basement is equipped with shelving, perfect for storage or operational needs. With proven rental income, room to grow, and a strategic location, this property is a smart, long-term investment in the South Okanagan. Call for details today - (250)408-8788. (id:65958)

Subtype: Other
Structure: Residential Commercial Mix
Community: Osoyoos
Living area: 2,516 square feet
Lot size: 0.35 acres
Lot dimensions: 0.35
On market: Mar 27, 2026
Status changed: Apr 24, 2026
Photos: 30
MLS#: 10380567
Area: OSOYOOS

Features and systems

Parking

Additional Parking

Heating

Electric

Cooling

Central air conditioning

Exterior

Stucco

Roof

Asphalt shingleUnknown

Negative cash flow ~$681/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.82%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,717

Financing

Down payment$119,800

Loan amount$479,200

Mortgage$2,428/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$499

CapEx reserve$250

Vacancy loss$150

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,428/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.