Property Type: Detached HouseOwnership: Freehold

724 SCHOOL Avenue

Oliver, BC V0H1T0

$565,000

4 bed3 bath3 parking2,456 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,977.18

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave

Exterior & Lot

Exterior features
Stucco
Lot features
Level lot

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
006-915-281

Parking

Total spaces
3 — uncovered indicated
Features
Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomBasement9'5'' x 5'2''
StorageBasement7'9'' x 5'4''
Living roomMain level17'11'' x 19'7''
Living roomBasement14'6'' x 14'4''
Laundry roomBasement8' x 4'6''
KitchenMain level9'6'' x 13'4''
KitchenBasement8'6'' x 16'4''
4pc Ensuite bathMain level
Dining nookMain level7'0'' x 9'10''
Dining roomMain level9'6'' x 10'11''
BedroomMain level11' x 15'2''
Primary BedroomMain level13'0'' x 15'2''
BedroomSecond level10'0'' x 14'0''
BedroomSecond level11'0'' x 15'0''
4pc BathroomMain level
3pc BathroomSecond level

Listing Information

MLS®
10394690
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 29, 2026

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

Description

This charming mid-century home blends timeless character with extensive updates completed in 2015 and 2026. Offering two fully self-contained suites, it's an ideal option for multi-generational living or for buyers looking to offset their mortgage with rental income from the self-contained two-bedroom suite. Conveniently located just steps from a school and only a 10-minute walk to downtown, this property offers both lifestyle and practicality. The long driveway provides ample parking for multiple vehicles, boats, RVs, or trailers. Recent upgrades include a new furnace, adding comfort and peace of mind. With generous square footage, versatile living options, and an affordable price point in a desirable location, this is a fantastic opportunity for homeowners and investors alike. (id:63159)

Values & Trends

This listing

$230/sqft

Building average

No other active listings in this building

Oliver average

$436/sqft

101 active listing(s)

Parking: 3 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

16°C

Humidity 77%

Wind NNE 5 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

44

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
Oliver ElementaryElementary89 m
Southern Okanagan SecondarySecondary173 m
Southern Okanagan AltSecondary173 m
Tuc-el-Nuit ElementaryElementary336 m
Senpaq'cin School(Independent)Elementary2.3 km
Cawston Primary SchoolElementary15.0 km
Okanagan Falls ElementaryElementary17.7 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+)

  • Taco Riendo437 m
  • Pappa's Firehall Bistro · 6077 Main Street453 m
  • Savvios Family Restaurant · 5948 Main Street530 m
  • Oliver Eats · 6060 Station Street533 m
  • M & J's Country Kitchen · 5955 Ol650 m

Cafes (1)

  • Medici’s Café and Gelateria · 522 Fairview Road295 m

Grocery (1)

  • No Frills · 5955 Main Street594 m

Parks (5+)

  • Unnamed170 m
  • Unnamed182 m
  • Unnamed391 m
  • Triangle Park443 m
  • Lion's Park · 6607 Station Street608 m

Pharmacies (2)

  • Pharmasave · 6323 Main Street445 m
  • Shoppers Drug Mart · 5955 Main Street623 m

Banks & ATMs (2)

  • CIBC · 6286 Okanagan Highway389 m
  • RBC · 6306 Main Street410 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (strata, tax, utilities, etc.)$454.43
Total monthly cost$3,370.58
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,102.43

Cash Needed at Closing

Minimum down payment$31,500
Estimated BC PTT$9,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,300

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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