$6,950,000
2304 82nd Avenue, Osoyoos
Farm, 21.77 acres · MLS® 10372724
Hall Cassie Marshall Group listingSotheby's International Realty Canada
$1,875,000
7414 97 Street, Osoyoos
Overview
Opportunity to purchase the Boundary Motel, a unique investment opportunity in the Osoyoos area of the South Okanagan!
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $1,875,000.
- Transfer tax
- $35,500
- Down payment
- $375,000
- Mortgage
- $1,500,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorThis prime 1.72-acre property in Osoyoos offers a unique investment opportunity with multiple income streams. The property includes a 14-room motel, a 6-plex, and 7 mobile home pads. The motel and 6-plex are zoned C1 (Highway Commercial) while RSM (Residential Manufactured Home Park) zoning encompasses the manufactured home section.
The site is serviced by city water and sewer and is located in a high-traffic area along Highway 97 to the South of the primary town of Osoyoos. At the asking price, the property is offered at a 6.95% cap rate, which includes a manager's salary as an expense. For the right investor, this could be an opportunity to continue the existing cash flow of the property and take advantage of lowering interest rates, all being possible without running the motel in a ""hands-on"" way.
Several opportunities exist to further increase the property's income stream. Modernizing booking systems, leveraging high season pricing, and renovating the motel, to name a few. Likewise, there is an upside for the manufactured home rents to be increased with tenant turnover.
The manufactured homes themselves are not included as assets; they are owned by the tenants. Properties with three separate revenue streams do not often come to market.
Photos
Where it is
How far it is
- Kelowna International Airport (YLW)
- About 103 km
- UBC Okanagan
- About 102 km
- Downtown Kelowna (City Hall)
- About 96 km
Approximate, as the crow flies, from the listing's map point. The drive is longer.
Life nearby
Straight-line distances from the map point, rounded to the kilometre. The drive is longer, often around a lake.
- Big White Ski ResortSkiing. About 87 km, as the crow flies
- Black Mountain Golf ClubGolf, Kelowna. About 95 km, as the crow flies
- Tower Ranch Golf and Country ClubGolf, Kelowna. About 99 km, as the crow flies
- Kelowna Springs Golf ClubGolf, Kelowna. About 100 km, as the crow flies
- Shadow Ridge Golf ClubGolf, Kelowna. About 102 km, as the crow flies
- Kelowna International Airport (YLW)Airport, Kelowna. About 103 km, as the crow flies (opens in a new tab)
More I can send you
The plans and the paperwork7414 97 Street has no floor plan in its listing. Ask, and I will email you the plan and any documents I can get for it.
Watch this listingI will email you if the price of 7414 97 Street drops, or if it goes pending or leaves the market.
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $1,875,000.
- Transfer tax
- $35,500
- Down payment
- $375,000
- Mortgage
- $1,500,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
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