OLIVER

Oliver is a small town located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful wineries and outdoor recreational opportunities, Oliver is a popular tourist destination for wine enthusiasts and outdoor enthusiasts. The area surrounding Oliver is home to several wineries that offer tastings and tours, many of which have gained international recognition for their wines. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, fishing, and boating on lakes.

Oliver is also known for its mild climate and sunny weather, which makes it perfect for outdoor activities all year round. The town also has a rich agricultural scene with several orchards, vineyards, and farmers' markets that offer fresh local produce and products. The real estate market in Oliver offers a mix of single-family homes, townhouses, and condos. Prices are relatively affordable compared to other major Canadian cities. The town also has a good mix of older and new homes; many properties feature stunning views of the mountains and lakes. The city boasts a small-town charm, with a good mix of amenities such as shops, restaurants, and schools. The town is also surrounded by many orchards and vineyards, giving the city a unique rural-urban balance. Oliver is also known for its mild climate and sunny weather, which makes it perfect for outdoor activities all year round.

Description

Introducing an exclusive real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties. The development permit is ready for immediate acquisition, requiring the buyer to apply for the building permit to commence the project. This development encompasses four units on each of the paired properties at 586 School Ave and 491 Church Ave. These two-story units, spanning approximately 1150 sqft each,3-bedroom configurations. Situated within walking distance to the school and various amenities, the location is ideal for families. Both houses are presently tenanted, generating a monthly rental income of nearly $3000, plus utilities, ensuring a steady cash flow during the period of awaiting the building permit. (id:2469)

Features

Corner Site

Amenities

Schools, Ski area

Listing Provided By

RE/MAX Penticton Realty

Neighborhood Info

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Property Details

Living Area
828 sqft.
Bedrooms
2
Bathroom
1
Lot Size Area
0.14 ac|under 1 acre
Taxes
N/A
Type
House
Style
Ranch
Basement
Partial
Year Built
1942
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9