Property Type: DuplexOwnership: Strata

397 Chardonnay Avenue

Oliver, BC V0H1T4

$699,900

3 bed3.5 bath2 parking1,966 sqftBuilt 2025
Get Directions

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
$0

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Electric, Unknown

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
2pc BathroomMain level5'2'' x 8'4''
Laundry roomSecond level5'4'' x 10'4''
4pc BathroomSecond level5' x 11'
DenSecond level12'6'' x 14'8''
BedroomSecond level9'5'' x 10'8''
BedroomSecond level9'6'' x 11'9''
4pc Ensuite bathSecond level6' x 11'
Primary BedroomSecond level13'4'' x 14'4''
Living roomMain level16'4'' x 18'
KitchenMain level16'6'' x 19'

Listing Information

MLS®
10382912
Listed
April 16, 2026
Time on market
On the market for 138 days
Data last synced
August 28, 2026

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

Description

Luxury living with breathtaking lake views, crafted by award-winning Monument Developments! This brand-new, exquisitely designed 3 Bedroom +Den, 2.5 Bath corner unit offers 1966 sq ft of bright, modern comfort & functionality. With its unique corner positioning, this home is flooded with natural light both upstairs & down, while the private front entry is thoughtfully tucked along the side for added appeal. The main floor welcomes you with a large foyer leading into an expansive open-concept living area. The gourmet kitchen features high-end stainless steel appliances, a gas range, quartz countertops, kitchen island, modern lighting & real wood cabinetry. The spacious living area showcases custom built-ins, tasteful wall accents & a cozy fireplace. Sliding doors from the dining area open to a south-facing patio & yard, perfect for enjoying stunning lake views. Upstairs you’ll find 3 generously sized bedrooms, including a primary suite showcasing gorgeous lake views, walk-in closet & ensuite with double vanity & large tiled walk-in shower. Large flex space can be used as a reading nook, office, workout or play area. Completing this package is an attached single car garage with EV charging rough-in, landscaping, U/G irrigation & 10-year home warranty. No strata fees! This home blends style, space & thoughtful design, all in a limited collection with only a few units remaining. An exceptional opportunity to own a quality-built home in a highly desirable location. GST applicable. (id:63159)

Values & Trends

This listing

$356/sqft

Building average

No other active listings in this building

Oliver average

$376/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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$98.00
Total monthly cost$3,710.41
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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.

Request more information