Property Type: Land / LotOwnership: Freehold

6842 CABERNET Place

Oliver, BC V0H1T4

$289,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.12 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,815

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic), Unknown

Listing Information

MLS®
10392368
Listed
June 23, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

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

Description

Build your Okanagan dream home in one of Oliver's most desirable neighbourhoods! This building lot 101' deep x 49' wide lot is ideally situated in the sought-after Tuc-el-Nuit area, just 1.5 blocks from the public beach and within minutes of world-class golf courses, award-winning wineries, and all the amenities that make Oliver Canada's Wine Capital. The lot is perfectly suited for a walk-up two-storey home design, allowing both the upper and lower levels to enjoy direct access to flat, usable yard space—a rare and highly desirable feature for modern living or entertaining. Located within one of Oliver's newest residential developments, it features U/G utility services that help preserve the area's scenic view corridors. Surrounded by already built custom homes this strategic buy offers flexibility with no building timelines. 2 Preliminary home designs (modern and traditional styling options) have already been completed and may be useful in bringing your vision to life. Most of the planning work already considered! This lot presents an outstanding opportunity to get your project moving quickly and could be shovel-ready for the right buyer. Whether you're planning a full-time residence, retirement retreat, or seasonal getaway, this property provides the ideal foundation for the lifestyle you've been dreaming of. Need help finding a builder? Connections with preferred home builders can be arranged. The South Okanagan lifestyle is waiting for you, lets make it a reality today! (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.

Nearby Schools

SchoolTypeDistance
Oliver ElementaryElementary1.8 km
Tuc-el-Nuit ElementaryElementary1.8 km
Southern Okanagan SecondarySecondary1.8 km
Southern Okanagan AltSecondary1.8 km
Senpaq'cin School(Independent)Elementary2.3 km
Cawston Primary SchoolElementary15.9 km
Okanagan Falls ElementaryElementary16.4 km
Osoyoos ElementaryElementary19.5 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.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,920.00
Periodic payment — Principal & Interest (monthly)$1,496.27
Additional monthly expenses (strata, tax, utilities, etc.)$151.25
Total monthly cost$1,647.52
Interest paid over 5-yr term$66,468.94
Balance at end of term$208,612.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,117.77

Cash Needed at Closing

Minimum down payment$14,495
Estimated BC PTT$3,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,793

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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