La Mirada is a 21-unit lakefront condominium building at 5003 Oleander Drive. MLS® listings describe a private sandy beach, an outdoor saltwater pool and hot tub, a fitness room, a wine cellar and tasting room, an elevator and gated underground parking.
BC Assessment records the building as frame construction from 2009, with two-bedroom units of about 1,300 sq ft and three-bedroom units of about 1,600 sq ft. Strata fees, rental and pet rules and moorage terms are not published in listings, so those are the first things to confirm.
Facts come from MLS® listings and BC Assessment records. Confirm fees, rules, moorage and ownership details with the strata documents.
An MLS® listing for unit 203 calls La Mirada “one of the most desirable lakefront complexes in Osoyoos.” That is the listing agent's wording, not an independent ranking. The listings describe a private sandy beach, an outdoor saltwater pool, an outdoor hot tub, a fitness room, a wine cellar and tasting room, an elevator and gated underground parking. A second listing adds bike storage and possible boat moorage.
BC Assessment lists 21 strata units at 5003 Oleander Drive, numbered 101 through 503 across five floors, all recorded as frame construction built in 2009. The units checked are two-bedroom, two-bath suites of 1,301 sq ft and three-bedroom, two-bath suites of 1,611 sq ft by strata area. Listing descriptions mention 9-foot ceilings, granite counters, stainless appliances, central air conditioning and decks with lake and mountain views.
Listings do not say whether any age, pet or rental restrictions apply, what the strata fee is, or how moorage works. Ask for those details early.
Ask for the bylaws, rules, minutes, financial statements, insurance details and any special levy history. Have them reviewed before you remove subjects.
Listings do not state whether pets or rentals are restricted. Some units are advertised for rent, but what the bylaws allow is not published. Get the current bylaws in writing.
Shared amenities cost money to run and replace. Ask what the fee covers, the age of the pool, hot tub and elevator equipment, and whether a contingency reserve is set aside for major work.
Ask about lake-level history, flood and erosion considerations, how moorage is handled, and the insurance cost and coverage for a waterfront building. Check the wildfire and insurance picture too.
A 2009 frame building has several systems worth asking about: the roof, balconies and decks, exterior envelope, underground parking structure and mechanical equipment. Ask what has been inspected and what is planned. Pat's construction background helps with this review.
Pat can pull recent sold comparables, help you request the right documents and flag what to raise with your lawyer.
This page is general information, not legal advice. Facts about the complex come from MLS® listings and BC Assessment records and may not be complete.
0 currently active
1 sold — $565,000
$565,000 to $732,000 for two-bedrooms and $963,000 to $1,014,000 for three-bedrooms, among the 10 units nearest unit 203, per BC Assessment
Unit 203, a 2-bedroom, 2-bath suite of 1,301 sq ft, sold for $565,000 in April 2025 after being listed at $599,900, selling in 43 days. That matches its 2026 assessed value of $565,000. With one sale and no active listings, this is not a trend. Ask Pat for sold comparables that fit a specific unit.
Figures from South Okanagan MLS® active and sold data exported October 6, 2026, covering September 24, 2024 to October 5, 2026, and BC Assessment 2026 values (as of July 1, 2025). Includes listings whose address is 5003 Oleander Drive.
La Mirada is at 5003 Oleander Drive in Osoyoos, BC, on the lake. MLS® listings describe it as a waterfront complex with a private sandy beach.
MLS® listings mention a private sandy beach, an outdoor saltwater pool, an outdoor hot tub, a fitness room, a wine cellar and tasting room, an elevator, gated underground parking and bike storage. One listing mentions possible boat moorage. Confirm what is shared, and what it costs, in the strata documents.
BC Assessment lists 21 strata units at 5003 Oleander Drive, numbered from 101 to 503 across five floors. It records them as frame construction built in 2009.
Unit 203, a two-bedroom of 1,301 sq ft, sold for $565,000 in April 2025 after being listed at $599,900 (MLS® data to October 5, 2026). Nothing is currently listed in the MLS® data. One sale is a snapshot, not a trend.
Request the bylaws, minutes, financial statements, insurance details and strata fee. Ask about rental and pet rules, how moorage works, and the age and maintenance plan for the pool, hot tub, elevator and parking structure. Listings do not state the fee or the rules.
Tell Pat which unit you are looking at. He can pull recent sold comparables and help you get the strata documents in front of your lawyer.
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