Property Type: Detached HouseOwnership: Freehold

5401 Highway 97

Oliver, BC V0H1T1

$544,900

2 bed2 bath6 parking2,422 sqftBuilt 1945
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.49 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,176

Interior

Heating
Forced air, See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Laminate, Linoleum, Vinyl

Exterior & Lot

Exterior features
Stucco, Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — uncovered indicated
Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level9'6'' x 10'1''
Utility roomBasement11'1'' x 23'3''
Laundry roomMain level5'8'' x 9'8''
StorageBasement7'7'' x 15'11''
StorageBasement11'2'' x 22'11''
Mud roomMain level6'8'' x 10'
4pc BathroomMain level6'7'' x 10'3''
BedroomMain level9'7'' x 10'4''
Primary BedroomMain level10'4'' x 13'2''
Dining roomMain level10'1'' x 15'9''
Living roomMain level23'8'' x 15'9''
KitchenMain level9'9'' x 12'7''

Listing Information

MLS®
10396334
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

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

Description

Finally! An acreage you can actually afford! Flat 1/2 acre property just minutes from town, this updated farmhouse offers the space, flexibility, and privacy buyers have been searching for. The main floor features two spacious bedrooms, two full bathrooms, lots of new vinyl plank flooring, a massive living room filled with natural light, and a functional kitchen with plenty of cabinet and counter space. Basement has excellent flexibility with a workshop that could also serve as a 3rd bedroom (window egress+ closet)-- Currently it is used mechanical space and storage (lots of it) future development is a definite possibility. Recent improvements include a new main floor bathroom, updated bathroom fixtures, a newer hot water tank, and PEX plumbing supply lines. This home has an efficient Forced Air Natural Gas Furnace. A/C is supplied by the portable units on the main level of the home--included in the sale. Outside, the property is ready for work and play. The detached shop 30'w x 21' deep Shop is equipped with a WETT-certified wood stove, 60-amp 240V electrical service, a covered space for projects, equipment or storage? A small storage barn with a mezzanine loft offers possibilities as a playhouse or hobby barn. Additional features include covered storage, an old chicken house, mature hedging for privacy, and a generous yard with golden plums, itallian prune and grapes. Home-based businesses are permitted, making this a property have great current and long-term potential. (id:63159)

Values & Trends

This listing

$225/sqft

Building average

No other active listings in this building

Oliver average

$436/sqft

101 active listing(s)

Parking: 6 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

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

7

2/9 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
Southern Okanagan SecondarySecondary3.1 km
Southern Okanagan AltSecondary3.1 km
Tuc-el-Nuit ElementaryElementary3.1 km
Oliver ElementaryElementary3.1 km
Senpaq'cin School(Independent)Elementary4.3 km
Cawston Primary SchoolElementary14.1 km
Osoyoos ElementaryElementary16.1 km
Osoyoos SecondarySecondary16.4 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.

Nearby Places

Restaurants (1)

  • El Sabor De Marina · 5612 Highway 97598 m

Grocery (1)

  • Global Supermarket619 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$435,920.00
Periodic payment — Principal & Interest (monthly)$2,812.41
Additional monthly expenses (strata, tax, utilities, etc.)$302.33
Total monthly cost$3,114.74
Interest paid over 5-yr term$124,935.93
Balance at end of term$392,111.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,963.32

Cash Needed at Closing

Minimum down payment$29,490
Estimated BC PTT$8,898
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,888

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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