Property Type: Detached HouseOwnership: Freehold

6940 Cabernet Place

Oliver, BC V0H1T4

$839,000

4 bed3 bath2 parking2,728 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,657.77

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomBasement
4pc BathroomMain level
4pc Ensuite bathMain level
Laundry roomBasement10'3'' x 9'10''
DenBasement10'5'' x 16'5''
Recreation roomBasement18'0'' x 21'0''
BedroomBasement10'5'' x 12'4''
BedroomMain level10'3'' x 13'9''
BedroomMain level12'2'' x 10'4''
Primary BedroomMain level15'6'' x 11'4''
Living roomMain level16'4'' x 23'5''
Dining roomMain level8'4'' x 13'4''
KitchenMain level10'6'' x 18'9''

Listing Information

MLS®
10392658
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd · Data source: CREA DDF.

Description

Views of the Okanagan Valley from this house in Oliver, just a few steps from Tucelnuit Lake. This beautiful house with 4 bedrooms, 3 full baths, a huge media/ rec room, a large den and 3 walk-in closets is located in a quiet cul-de-sac in the newer part of Oliver. Livingroom, kitchen, dining area and 3 bedrooms are located upstairs allowing expansive views and lots of light. The kitchen cupboards are maple and much of the flooring is maple hardwood. Also, there is a generous amount of tile used in the home. The livingroom features a modern wood stove that was installed professionally with a permit. It allows you to enjoy a live fire indoors, and you can also use the stove for heating and cooking. The 4th bedroom next to the entry door can make a great office or be used as Airbnb. There is a covered balcony at the front and a covered pergola at the back. The garden offers more seating areas. It has been converted into a cactus garden with low maintenance and low water use. The sprinkler system is still in place. A shed offers space for storage. There is a double garage with space for a sauna or storage. Walking distance to the beach at the lake and the hike and bike trail along the river. Many recreational facilities are nearby, incl public pool, ice rink, community center and park. Also 2 golf courses in town. Oliver has 2 elementary schools and a highschool. There are 2 malls and plenty of restaurants. And lots of orchards, vineyards and wineries. A great place to live! (id:63159)

Values & Trends

This listing

$308/sqft

Building average

No other active listings in this building

Oliver average

$435/sqft

101 active listing(s)

Parking: 2 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

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 ElementaryElementary1.9 km
Tuc-el-Nuit ElementaryElementary1.9 km
Southern Okanagan SecondarySecondary1.9 km
Southern Okanagan AltSecondary1.9 km
Senpaq'cin School(Independent)Elementary2.4 km
Cawston Primary SchoolElementary16.0 km
Okanagan Falls ElementaryElementary16.2 km
Osoyoos ElementaryElementary19.6 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: 7.0% ($58,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$671,200.00
Periodic payment — Principal & Interest (monthly)$4,330.35
Additional monthly expenses (strata, tax, utilities, etc.)$524.15
Total monthly cost$4,854.50
Interest paid over 5-yr term$192,367.85
Balance at end of term$603,746.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,998.70

Cash Needed at Closing

Minimum down payment$58,900
Estimated BC PTT$14,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$75,180

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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