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Osoyoos winery, 18-acre vineyard sells for $6.3M

Sale price represents a 37% discount to the original offering in 2021
adega-on-45th-osoyoos
Adega on 45th Estate Winery in Osoyoos sold for $6.3 million on March 3.

DEAL | The business and property of Adega on 45th Estate Winery at 7311 45th Street, Osoyoos, sold March 3 for $6.3 million. Originally listed for $10 million in 2021, the offering included 18 acres of premium grapevines and a 5,700-square-foot winery as well as all business assets, including equipment and inventory. In 2024 the offering was put back on the market with Fox & Fox of Re/Max Penticton Realty for $7.5 million. The purchaser, Gate 22 Winery Ltd. of Surrey, was represented by Hague Eastman & Associates of Sotheby’s International Realty Canada and assisted by M&A legal team Megan O’Neill and Al Hudec of Farris LLP.

PRICE | $6,300,000

FROM | Paul Hague and Nicole Eastman, Sotheby’s International Realty Canada