472 Veterans Ave Avenue Oliver, British Columbia V0H 1T0
$559,000
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:24231)
Property Details
| MLS® Number | 10341749 |
| Property Type | Single Family |
| Neigbourhood | Oliver |
| Amenities Near By | Park, Recreation, Schools, Shopping |
| Features | Level Lot |
| Parking Space Total | 1 |
| View Type | Mountain View |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Appliances | Range, Refrigerator, Dryer, Washer |
| Architectural Style | Bungalow |
| Constructed Date | 1935 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 728 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| See Remarks | |
| Other |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Park, Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 14'0'' x 14'0'' | ||
| Main Level | Laundry Room | 10'0'' x 5'0'' | ||
| Main Level | Kitchen | 11'0'' x 14'0'' | ||
| Main Level | Bedroom | 10'0'' x 9'0'' | ||
| Main Level | Primary Bedroom | 10'0'' x 9'0'' | ||
| Main Level | 4pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/28125682/472-veterans-ave-avenue-oliver-oliver
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April 05 2025 04:29:06
Okanagan-Mainline Real Estate Board
RE/MAX Wine Capital Realty