Property Type: DuplexOwnership: Strata

387 Chardonnay Avenue

Oliver, BC V0H1T4

$649,000

3 bed3.5 bath2 parking1,803 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.1 acres

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$3,500

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
None

Exterior & Lot

Exterior features
Other
View
Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Laundry roomSecond level3'8'' x 5'5''
4pc BathroomSecond level7'2'' x 7'7''
DenSecond level10'2'' x 13'4''
BedroomSecond level9'10'' x 10'11''
BedroomSecond level9'10'' x 11'2''
5pc Ensuite bathSecond level6'5'' x 6'7''
Primary BedroomSecond level12'1'' x 12'10''
FoyerMain level6'6'' x 6'10''
2pc BathroomMain level2'9'' x 6'5''
Living roomMain level13'8'' x 14'6''
Dining roomMain level16'7'' x 17'5''
KitchenMain level16'7'' x 17'5''

Listing Information

MLS®
10393521
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Wine Capital Realty · Data source: CREA DDF.

Description

Luxury living meets exceptional value in Oliver's sought-after Wine Streets, just two blocks from Tucelnuit Lake! Expertly crafted by award-winning Monument Developments, this BRAND-NEW 3 BEDROOM + DEN, 2.5 BATH half-duplex offers 1800 SQ FT of thoughtfully designed living with only one shared wall and NO STRATA FEES. A welcoming foyer leads into a bright, open-concept main floor featuring an elegant living room with custom feature wall that flows seamlessly into the dining area & gourmet kitchen. Designed for effortless indoor/outdoor living, the kitchen is perfectly positioned at the rear of the home & showcases quartz countertops, solid wood cabinetry, a large island, modern lighting & premium stainless steel appliances including a gas range (all with a 2-year warranty). Double sliders open to a sunny south-facing patio & private, fully fenced backyard, ideal for entertaining, kids & pets. Upstairs offers 3 spacious bedrooms, a versatile flex space, convenient laundry & 4-piece bathroom. The impressive primary suite features a vaulted ceiling, walk-in closet & spa-inspired 5-piece ensuite with dual vanities, tiled walk-in shower & luxurious soaker tub. Complete with an attached garage featuring EV charging rough-in, landscaping, U/G irrigation & 10-year home warranty. FIRST-TIME HOMEBUYERS may qualify for GST exemption. An outstanding location close to the lake, beaches, walking trails, golf & Oliver's renowned wineries. GST applicable. Book your private showing today! (id:63159)

Values & Trends

This listing

$360/sqft

Building average

No other active listings in this building

Oliver average

$375/sqft

8 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: 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.

Nearby Schools

SchoolTypeDistance
Oliver ElementaryElementary1.8 km
Tuc-el-Nuit ElementaryElementary1.8 km
Southern Okanagan SecondarySecondary1.8 km
Southern Okanagan AltSecondary1.8 km
Senpaq'cin School(Independent)Elementary2.4 km
Cawston Primary SchoolElementary15.9 km
Okanagan Falls ElementaryElementary16.3 km
Osoyoos ElementaryElementary19.6 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: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$381.67
Total monthly cost$3,731.37
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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