428 HILLCREST Avenue
Oliver, BC V0H1T0
$849,000
Property Details
Property & Lot
- Sub-type
- Fourplex
- Stories
- 2
- Lot size
- 0.14 acres
Ownership & Fees
- Property type
- Fourplex
- Ownership
- Freehold
- Annual property tax
- $3,756
Interior
- Basement
- Full
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- See Remarks
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco
- View
- Mountain view
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Other, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Second level | 8'2'' x 11'4'' |
| 4pc Bathroom | Fourth level | — |
| Laundry room | Fourth level | 5'7'' x 6'8'' |
| Bedroom | Fourth level | 10' x 10' |
| Living room | Fourth level | 10'10'' x 16' |
| Kitchen | Fourth level | 7'8'' x 11'9'' |
| Kitchen | Third level | 8'10'' x 13'6'' |
| 4pc Bathroom | Third level | — |
| Laundry room | Third level | 5'7'' x 6'8'' |
| Bedroom | Third level | 10' x 10' |
| Bedroom | Third level | 10' x 10' |
| Living room | Third level | 12'4'' x 17'6'' |
| Kitchen | Second level | 8' x 11'4'' |
| 4pc Bathroom | Second level | 5' x 7'7'' |
| Bedroom | Second level | 8'8'' x 12'5'' |
| Primary Bedroom | Second level | 11'6'' x 11'11'' |
| Living room | Second level | 16'4'' x 20'2'' |
| Kitchen | Main level | 11'3'' x 12'3'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'7'' x 11'8'' |
| Bedroom | Main level | 11'9'' x 12'2'' |
| Living room | Main level | 11'8'' x 16'8'' |
Listing Information
- MLS®
- 10384891
- Listed
- April 27, 2026
- Time on market
- On the market for 126 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Wine Capital Realty · Data source: CREA DDF.
Description
INVESTOR ALERT! Rare FOURPLEX ideally located close to downtown Oliver and directly across from beautiful parks & walking trails. This solid, well-maintained building offers 4 legal income-generating suites, an excellent opportunity for both seasoned and entry-level investors. The property features 3 units with 2 beds/1 bath and 1 unit with 1 bed/1 bath. Each suite is equipped with its own laundry and hot water tank (approx. 6 years old), providing convenience for tenants and ease of management. Extensively renovated in 2022, the building was brought fully up to code with major upgrades including soundproof and fire-rated walls & ceilings, fire-rated doors, smoke detectors and more. Unit 2 has been recently refreshed with new flooring, window coverings, paint & appliances. All units offer updated bathrooms, with newer flooring in all but one unit. Charming covered porches have been upgraded with treated wood decking, new railings & stairs. A shared, secure storage area adds further functionality. Two units have new tenants coming in at market rent, with total revenue of $4,794/month and potential for further upside. Ample on-site parking and low-maintenance landscaping complete the package. Unbeatable location within walking distance to shops, schools, groceries, restaurants, recreation and all town amenities. A rare opportunity to secure a turn-key investment in the heart of Oliver. Contact listing agent for full details! (id:63159)
Values & Trends
This listing
$283/sqft
Building average
—
No other active listings in this building
Oliver average
$385/sqft
8 active listing(s)
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
16°C
—
Humidity 77%
Wind NNE 5 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
33
5/9 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 |
|---|---|---|
| Tuc-el-Nuit Elementary | Elementary | 632 m |
| Oliver Elementary | Elementary | 637 m |
| Southern Okanagan Secondary | Secondary | 665 m |
| Southern Okanagan Alt | Secondary | 665 m |
| Senpaq'cin School(Independent) | Elementary | 2.0 km |
| Cawston Primary School | Elementary | 15.4 km |
| Okanagan Falls Elementary | Elementary | 17.3 km |
| Osoyoos Elementary | Elementary | 18.6 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.
Nearby Places
Restaurants (3)
- Pappa's Firehall Bistro · 6077 Main Street564 m
- Oliver Eats · 6060 Station Street570 m
- Taco Riendo633 m
Cafes (1)
- Medici’s Café and Gelateria · 522 Fairview Road574 m
Parks (5+)
- Lion's Park · 6607 Station Street113 m
- Unnamed384 m
- Triangle Park457 m
- Kiwanis Park462 m
- Kinsmen Spray Park · 225 Park Drive486 m
Pharmacies (1)
- Pharmasave · 6323 Main Street260 m
Banks & ATMs (2)
- RBC · 6306 Main Street275 m
- CIBC · 6286 Okanagan Highway310 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Similkameen (SD53)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,900) — 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.