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1038 Fairview Road
Oliver · Vacant Land
Listed by Real Broker B.C. Ltd · MLS® 10395126
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Sign inAbout this home
Attention Developers! Conditionally pre-approved for a 4-lot subdivision. In the heart of Oliver, this rare 0.59-acre property presents one of the South Okanagan’s most attractive small-scale development opportunities. Flat, usable, and ideally located directly across from vineyards and orchards with beautiful mountain views, the property combines strong redevelopment potential with an increasingly hard-to-find in-town location within walking distance to everyday amenities. The vision for the property allows for up to 4 dwelling units per parcel, creating the potential for a 16-door residential development in one of the Okanagan’s fastest-growing communities. Preliminary planning discussions and concept work suggest strong suitability for duplexes with secondary suites. The site is fully serviced to the lot line. For builders, developers, and investors looking for an attainable entry into the South Okanagan land market, opportunities like this are becoming increasingly rare. Seller is open to creative purchase options (Trades, retained equity, JV partnership) Buyer to verify subdivision potential, density, servicing requirements, and development plans with the Town of Oliver. Property being sold ""As-Is Where Is""
Home facts
- Property type
- Vacant Land
- Area
- Oliver
- Listed
- July 27, 2026
- Structure
- Other
- PID
- 003-813-347
- Common interest
- Freehold
Highlights
- Mountain view
- City view
Features and inclusions
- Community
- Family Oriented
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Cable
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,550
- Property tax
- $217/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,917
Purchase snapshot
- List price
- $749,000
- Down payment
- $149,800 (20%)
- Estimated mortgage
- $599,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,173
- At 5.5719 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 51%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.