Property Type: Land / LotOwnership: Freehold

6951 CABERNET Place

Oliver, BC V0H1T4

$319,000

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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
$1,715.28

Interior

Fireplace
None

Listing Information

MLS®
10397334
Listed
August 11, 2026
Time on market
On the market for 20 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 on this exceptional, cleared building lot in the highly desirable Tucelnuit area of Oliver! Tucked away at the end of a quiet cul-de-sac, this property offers a peaceful setting with beautiful views of Tucelnuit Lake and the surrounding mountains. Just steps from the lake and minutes from golf, schools, the hospital, recreation, shopping, dining, and all the amenities Oliver has to offer, this is an ideal location to enjoy the best of the Okanagan lifestyle. The lot is serviced to the property and ready for your building plans. With no building commitment, you can secure your piece of the Okanagan now and build when the time is right. Whether you’re looking to create your forever home, a weekend retreat, or make a smart long-term investment, this is an opportunity worth exploring. Lake views. Prime location. No GST. No building commitment. Come see why this could be the perfect place for your Okanagan dream! (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 ElementaryElementary1.9 km
Southern Okanagan SecondarySecondary1.9 km
Southern Okanagan AltSecondary1.9 km
Senpaq'cin School(Independent)Elementary2.6 km
Cawston Primary SchoolElementary15.8 km
Okanagan Falls ElementaryElementary16.1 km
Osoyoos ElementaryElementary19.7 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% ($15,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,200.00
Periodic payment — Principal & Interest (monthly)$1,646.46
Additional monthly expenses (strata, tax, utilities, etc.)$142.94
Total monthly cost$1,789.40
Interest paid over 5-yr term$73,141.05
Balance at end of term$229,553.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,330.35

Cash Needed at Closing

Minimum down payment$15,950
Estimated BC PTT$4,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,830

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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