Property Type: Land / LotOwnership: Freehold

437 SALAMANDER Avenue

Oliver, BC V0H1T3

$2,750,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.83 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,683

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10363597
Listed
September 22, 2025
Time on market
On the market for 343 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

A rare 2.83 acre opportunity in Oliver, the Wine Capital of Canada. This property is ideally suited for a 4 - 6 storey condominium development, with plenty of space for parking while not compromising on building design Oliver is embracing growth and is encouraging a higher-density housing here, creating a clear path for developers to meet the rising demand. The location offers the best of both worlds, set in a peaceful neighborhood while being minutes from downtown, schools, and local parks. Two renowned golf courses and endless vineyards are right at your doorstep, adding to the appeal for future residents. Whether it’s families, downsizers, or first-time buyers, the demand is here and so is the chance to shape Oliver’s future. (id:63159)

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

30

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

SchoolTypeDistance
Tuc-el-Nuit ElementaryElementary801 m
Southern Okanagan SecondarySecondary922 m
Southern Okanagan AltSecondary922 m
Oliver ElementaryElementary932 m
Senpaq'cin School(Independent)Elementary1.7 km
Cawston Primary SchoolElementary15.8 km
Okanagan Falls ElementaryElementary17.4 km
Osoyoos ElementaryElementary18.5 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)

  • Oliver Eats · 6060 Station Street610 m
  • Pappa's Firehall Bistro · 6077 Main Street657 m
  • Taco Riendo745 m

Cafes (1)

  • Medici’s Café and Gelateria · 522 Fairview Road760 m

Parks (5+)

  • Lion's Park · 6607 Station Street280 m
  • Kiwanis Park320 m
  • Kinsmen Spray Park · 225 Park Drive436 m
  • Oliver Community Park · 6359 Park Drive459 m
  • Triangle Park558 m

Pharmacies (1)

  • Pharmasave · 6323 Main Street429 m

Banks & ATMs (3)

  • RBC · 6306 Main Street465 m
  • CIBC · 6286 Okanagan Highway496 m
  • Cascadia Credit Union · 1006 McKinney Road693 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($550,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,200,000.00
Periodic payment — Principal & Interest (monthly)$14,193.65
Additional monthly expenses (strata, tax, utilities, etc.)$473.58
Total monthly cost$14,667.24
Interest paid over 5-yr term$630,526.32
Balance at end of term$1,978,907.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$550,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,917.23

Cash Needed at Closing

Minimum down payment$550,000
Estimated BC PTT$60,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$612,000

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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