Property Type: Land / LotOwnership: Freehold

6363 & 6365 Main Street

Oliver, BC V0H1T0

$399,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres
Frontage
50 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,607

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10351529
Listed
June 10, 2025
Time on market
On the market for 447 days
Data last synced
August 28, 2026

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

Description

PRIME COMMERCIAL OPPORTUNITY IN DOWNTOWN OLIVER Position your business or franchise for success with this high-profile 6,011 sq.ft. (0.138 ac) commercial lot 50 x 120 strategically located on the north end of Oliver’s main traffic corridor on highway 97. With exceptional highway visibility and alley access this property ensures maximum exposure for your enterprise, whether you're launching a boutique retail shop, professional office, or even a multi-use development with residential above. Zoned TC (Town Centre), this flexible zoning permits a wide range of commercial uses—including hotels—making it ideal for developers and business owners alike. Take advantage of zero setback requirements and a generous (59 ft) height allowance, providing excellent development potential. Full services available at lot line. Oliver offers a highly attractive business environment. Commercial property taxes are lower than in many urban centers, and the town is supported by a skilled local workforce rooted in agriculture, tourism, and service-based industries. The community is growing steadily, with increasing year-round tourism and residential demand adding to the market potential. Its strategic location along Highway 97, the main north-south route through the South Okanagan, ensures a steady flow of traffic and visibility. Don’t miss this rare opportunity to secure a valuable piece of Oliver’s vibrant and expanding commercial core. (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

52

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 ElementaryElementary446 m
Southern Okanagan SecondarySecondary531 m
Southern Okanagan AltSecondary531 m
Oliver ElementaryElementary535 m
Senpaq'cin School(Independent)Elementary1.9 km
Cawston Primary SchoolElementary15.4 km
Okanagan Falls ElementaryElementary17.6 km
Osoyoos ElementaryElementary18.4 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 (5+)

  • Pappa's Firehall Bistro · 6077 Main Street355 m
  • Oliver Eats · 6060 Station Street358 m
  • Taco Riendo429 m
  • Savvios Family Restaurant · 5948 Main Street659 m
  • M & J's Country Kitchen · 5955 Ol721 m

Cafes (1)

  • Medici’s Café and Gelateria · 522 Fairview Road393 m

Grocery (1)

  • No Frills · 5955 Main Street626 m

Parks (5+)

  • Lion's Park · 6607 Station Street180 m
  • Triangle Park246 m
  • Kinsmen Spray Park · 225 Park Drive293 m
  • Kiwanis Park311 m
  • Unnamed322 m

Pharmacies (2)

  • Pharmasave · 6323 Main Street50 m
  • Shoppers Drug Mart · 5955 Main Street669 m

Banks & ATMs (2)

  • RBC · 6306 Main Street77 m
  • CIBC · 6286 Okanagan Highway114 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$217.25
Total monthly cost$2,281.27
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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