Oliver · V0H1T0
$4,226/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Exceptional investment opportunity on busy Highway 97 in Oliver, offering high visibility and stable income. This well-maintained commercial building features a diverse mix of office and retail tenants, with three anchor tenants occupying over 80% of the rentable space, providing long-term stability. The building also includes six smaller offices, catering to a range of professional and service-based users. The property offers 8,000 sq ft of total building area, with approximately 6,800 sq ft of leasable space, making it an efficient and income-generating asset. Numerous upgrades have been completed over the past 20 years, ensuring solid infrastructure and reduced maintenance requirements for years to come. This fully tenanted building generates an attractive 8% plus capitalization rate, ideal for investors seeking a strong return in a growing South Okanagan market.
8,000 ft²
Floor area
1924
Year built
Other
Type
Oliver
Area
Listed
February 4, 2026
$899,000 is 12.8% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
6 min
walk to No Frills
3h 40m
bike to Prairie Valley Station
12h 11m
walk to Prairie Valley Station
10h 22m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 49%
| Detached | 51 | 48.6% |
| Land | 13 | 12.4% |
| Condo / Apartment | 10 | 9.5% |
| Townhouse | 10 | 9.5% |
| Duplex | 8 | 7.6% |
| Other | 13 | 12.4% |
| Under $5,000 | 5 | 1.2% |
| $15,000 to $19,999 | 5 | 1.2% |
| $20,000 to $24,999 | 25 | 5.9% |
| $25,000 to $29,999 | 25 | 5.9% |
| $30,000 to $34,999 | 30 | 7.1% |
| $35,000 to $39,999 | 35 | 8.2% |
| $40,000 to $44,999 | 35 | 8.2% |
| $45,000 to $49,999 | 25 | 5.9% |
| $50,000 to $59,999 | 40 | 9.4% |
| $60,000 to $69,999 | 30 | 7.1% |
| $70,000 to $79,999 | 30 | 7.1% |
| $80,000 to $89,999 | 30 | 7.1% |
| $90,000 to $99,999 | 30 | 7.1% |
| $100,000 to $124,999 | 40 | 9.4% |
| $125,000 to $149,999 | 25 | 5.9% |
| $150,000 to $199,999 | 10 | 2.4% |
| $200,000 and over | 5 | 1.2% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,226
Principal and interest
Calculated estimate
$3,835
Property tax
Calculated estimate
$242/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$829,000
Down payment
Calculated estimate
$165,800 (20%)
Estimated mortgage
Calculated estimate
$663,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$4,226
/mo
Rate
%
Amortization
Principal and interest
$3,835
Property tax (est.)
$242
P&I
Tax
Down payment
$165,800 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $165,800 down (20%) on $829,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 4.9722 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
