1038 Fairview Road
Oliver, BC V0H1T1
$799,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.59 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,846
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Valley view, Ravine view, View (panoramic), Unknown
Listing Information
- MLS®
- 10395126
- Listed
- July 27, 2026
- Time on market
- On the market for 35 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
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"" (id:63159)
Location Insights
Weather
Nearest station: Osoyoos
23°C
—
Humidity 43%
Wind S 7 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,094
(2021 Census)
+3.4% since 2016
Density: 927.9/km²
Dwellings: 2,445
Median household income: $68,500
After-tax: $62,400
Immigrant population: 18.9%
Top countries of origin (% of total population)
- India5.4% · 275
- United Kingdom2.4% · 120
- United States of America1.3% · 65
- Portugal1.2% · 60
- Germany1.1% · 55
- El Salvador0.9% · 45
- Philippines0.8% · 40
- Netherlands0.6% · 30
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Southern Okanagan Secondary | Secondary | 858 m |
| Southern Okanagan Alt | Secondary | 858 m |
| Oliver Elementary | Elementary | 861 m |
| Tuc-el-Nuit Elementary | Elementary | 1.0 km |
| Senpaq'cin School(Independent) | Elementary | 2.9 km |
| Cawston Primary School | Elementary | 14.4 km |
| Osoyoos Elementary | Elementary | 18.0 km |
| Okanagan Falls Elementary | Elementary | 18.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (1)
- Unnamed679 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Similkameen (SD53)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.