Property Type: Detached HouseOwnership: Freehold

1840 Oliver Ranch Road Unit# 9

Okanagan Falls, BC V0H1R2

$550,000

3 bed2 bath2 parking1,309 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.12 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$70/mo
Annual property tax
$2,494.34

Maintenance Fee Includes

Also included: Other, See Remarks, Reserve Fund Contributions

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Restrictions apply

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
3pc Ensuite bathMain level6'2'' x 8'10''
OtherMain level5' x 3'6''
Primary BedroomMain level11' x 12'2''
BedroomMain level12' x 9'10''
BedroomMain level12'6'' x 9'2''
Laundry roomMain level9' x 7'10''
4pc BathroomMain level5' x 8'6''
FoyerMain level6' x 4'
Living roomMain level13' x 15'3''
KitchenMain level12' x 11'6''
Dining roomMain level8' x 11'6''

Listing Information

MLS®
10398665
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: Royal Lepage Locations West · Data source: CREA DDF.

Description

One level home in Valley View Estates with low monthly Strata fees and quiet dead end street in the community. 1,309 sq feet, 3 bed, 2 bathroom home with central air, fully fenced and gated backyard, covered deck, and privacy. Low maintenance yard, open living area, and attached garage give you all the living flexibility you need. There is lots of closet space, benches in the garage, newer roof and other updates. Easy to see with a day's notice! (id:63159)

Values & Trends

This listing

$420/sqft

Building average

No other active listings in this building

Okanagan Falls average

$532/sqft

34 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Penticton

Mainly Clear

17°C

Mainly Clear

Humidity 67%

Wind NE 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Okanagan Falls ElementaryElementary1.7 km
Kaleden ElementaryElementary7.0 km
Princess Margaret SecondarySecondary14.9 km
Wiltse ElementaryElementary15.8 km
Oliver ElementaryElementary16.3 km
Southern Okanagan SecondarySecondary16.4 km
Southern Okanagan AltSecondary16.4 km
Tuc-el-Nuit ElementaryElementary16.4 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.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$342.86
Total monthly cost$3,181.59
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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.

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