Property Type: Land / LotOwnership: Freehold

5812 Airport Street

Oliver, BC V0H1T0

$275,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.23 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,121

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
10362653
Listed
September 19, 2025
Time on market
On the market for 346 days
Data last synced
August 28, 2026

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

Description

Looking to build your dream home, an income generating four-plex, or just escape the city and plant your flag in Canada’s Wine Capital? This .24 acre flat lot in sunny Oliver, BC is calling your name! Approximately 60X175 Ft, with paved road frontage, back lane access, and not boxed in, this lot gives you space to breathe and views to brag about. Enjoy spectacular mountain views, a short stroll to shopping and restaurants, and the kind of peace and quiet that pairs perfectly with a glass of local vino. Wineries? Everywhere. Racetrack? Just down the road. Osoyoos? 15 mins. Penticton? 35 mins. Ski hills, golf, lakes? Yup, all nearby. Plus, thanks to Oliver’s semi-arid desert climate, you’ll enjoy mild winters and plenty of sunshine year round. Zoned residential with development potential. Whether you're dreaming of a custom home or a four-plex that pays the bills, this property is loaded with opportunity. BUY the dirt, BUILD the dream – or just hold it and watch the value rise. Either way, this is one lot you don’t want to miss. (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 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 ElementaryElementary722 m
Southern Okanagan SecondarySecondary805 m
Southern Okanagan AltSecondary805 m
Oliver ElementaryElementary908 m
Senpaq'cin School(Independent)Elementary2.1 km
Cawston Primary SchoolElementary15.3 km
Osoyoos ElementaryElementary17.4 km
Osoyoos SecondarySecondary17.9 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 (4)

  • M & J's Country Kitchen · 5955 Ol429 m
  • Savvios Family Restaurant · 5948 Main Street491 m
  • Taco Riendo715 m
  • Pappa's Firehall Bistro · 6077 Main Street794 m

Cafes (2)

  • Tim Hortons461 m
  • Medici’s Café and Gelateria · 522 Fairview Road783 m

Grocery (2)

  • Buy Low Foods · 5717 Main Street408 m
  • No Frills · 5955 Main Street526 m

Parks (2)

  • Unnamed628 m
  • Unnamed796 m

Shopping (2)

  • Unnamed · 5717 Main Street461 m
  • Canadian Tire · 5717 Main Street515 m

Pharmacies (1)

  • Shoppers Drug Mart · 5955 Main Street484 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$220,000.00
Periodic payment — Principal & Interest (monthly)$1,419.37
Additional monthly expenses (strata, tax, utilities, etc.)$93.42
Total monthly cost$1,512.78
Interest paid over 5-yr term$63,052.63
Balance at end of term$197,890.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,008.92

Cash Needed at Closing

Minimum down payment$13,750
Estimated BC PTT$3,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,750

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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