Oliver · V0H1T0
$11,216/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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An outstanding investment opportunity in the heart of Oliver, the Wine Capital of British Columbia. This spectacular 0.96-acre riverfront property combines an unbeatable location with exceptional development potential, offering approximately 900 feet of frontage along the river channel in a picturesque park-like setting. Ideally positioned within walking distance of downtown, the property also borders the International Hike & Bike Trail, providing future residents with immediate access to recreation, shopping, restaurants, and everyday conveniences. Currently zoned RH2, the site permits multi-family development of up to 75 apartments per acre, creating the potential for more than 300 apartment units across the entire parcel. The size and configuration also make it well suited for subdivision and phased development, providing flexibility for a variety of investment strategies. Municipal water and sewer services are available at the lot line, helping streamline future development. With exceptionally low vacancy rates throughout the South Okanagan and strong municipal support for additional housing, this is a rare opportunity to secure one of Oliver's premier multi-family development sites. Offered below appraised value. Purchase this parcel individually or combine it with the adjoining properties to assemble the full 4-acre development opportunity.
Vacant Land
Type
Oliver
Area
Listed
July 10, 2026
Nearby & Commute
8 min
walk to No Frills
3h 40m
bike to Prairie Valley Station
12h 12m
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 | 1.4% |
| $10,000 to $14,999 | 5 | 1.4% |
| $15,000 to $19,999 | 15 | 4.1% |
| $20,000 to $24,999 | 40 | 11.0% |
| $25,000 to $29,999 | 20 | 5.5% |
| $30,000 to $34,999 | 20 | 5.5% |
| $35,000 to $39,999 | 25 | 6.8% |
| $40,000 to $44,999 | 25 | 6.8% |
| $45,000 to $49,999 | 15 | 4.1% |
| $50,000 to $59,999 | 35 | 9.6% |
| $60,000 to $69,999 | 20 | 5.5% |
| $70,000 to $79,999 | 30 | 8.2% |
| $80,000 to $89,999 | 20 | 5.5% |
| $90,000 to $99,999 | 25 | 6.8% |
| $100,000 to $124,999 | 30 | 8.2% |
| $125,000 to $149,999 | 20 | 5.5% |
| $150,000 to $199,999 | 10 | 2.7% |
| $200,000 and over | 5 | 1.4% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$11,216
Principal and interest
Calculated estimate
$10,407
Property tax
Calculated estimate
$658/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$2,250,000
Down payment
Calculated estimate
$450,000 (20%)
Estimated mortgage
Calculated estimate
$1,800,000
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
$11,216
/mo
Rate
%
Amortization
Principal and interest
$10,407
Property tax (est.)
$658
P&I
Tax
Down payment
$450,000 (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 $450,000 down (20%) on $2,250,000, 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.
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.
Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
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.
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.
