An ideal property for investors seeking multiple revenue streams, low maintenance, and long-term growth in the heart of the South Okanagan. Perfectly positioned on a high-exposure 0.138-acre corner lot just off Main Street/Hwy 97 and the new Dairy Queen, this well-maintained property offers excellent visibility and easy access to shops, services, and amenities. Zoned RM1s (Residential) and equipped with two power meters, the site supports a flexible mix of residential income streams for the owner occupier or investor looking for cash flow. The property features two separate residences offering strong, stable monthly income: A recently updated one-bedroom + den home, currently rented at $1,650/month A detached one-bedroom carriage house, rented at $1,000/month A 1,600 sq ft storage building with 16 individual locker units and a workshop, currently generating $1,350/month. This additional income stream brings the total monthly revenue to approximately $4,000/mo! Located in Oliver—Canada’s Wine Capital, this property benefits from a scenic setting, vibrant tourism, and a strong sense of community—making it not just a sound investment, but a smart lifestyle choice. A rare opportunity to secure a high-performing, multi-income property in one of the Okanagan’s most desirable towns. Contact Listing Agent for more information and availability. (id:41613)

Full Address:
472 VETERANS AVE Avenue, Oliver, British Columbia
Price:
$ 559,000
MLS Number:
10341749
List Date:
April 5th, 2025
Neighbourhood:
Oliver
Lot Size:
0.14 ac
Year Built:
1935
Taxes:
$ 3,516
Ownership Type:
Freehold

Property Specifications

Bedrooms:
2
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range, Dryer
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks

Interior Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Residential
Exterior:
Stucco
Garage:
Other, See Remarks
Garage Spaces:
1

Building Features

Finished Area:
728 sq.ft.
Rooms:

Floors

View:
Mountain view
Lot Size:
0.14 ac
Lot Features:
Level lot

Land

Neighbourhood Features

Ratings

Commercial Info

Location

Mortgage Calculator

powered by Ratehub.ca

Neighbourhood Details

Agent: Mathew LewisBrokerage: RE/MAX Wine Capital Realty Phone: 250-809-1893

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Let us find your dream home today!

Contact Us 250.809.5797