210 Co-op Avenue Unit# Proposed Lot# 4
Oliver, British Columbia
MLS® 10393936
$1,750,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10393936
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
An outstanding investment opportunity in the heart of Oliver, the Wine Capital of British Columbia. This spectacular 1. 15-acre riverfront property combines an unbeatable location with exceptional development potential, offering approximately 900 feet of frontage along the river channel in a picturesque park-like setting.
Ideally positioned within walking distance of downtown, the property also borders the International Hike & Bike Trail, providing future residents with immediate access to recreation, shopping, restaurants, and everyday conveniences. Currently zoned RH2, the site permits multi-family development of up to 75 apartments per acre, creating the potential for more than 300 apartment units across the entire parcel. The size and configuration also make it well suited for subdivision and phased development, providing flexibility for a variety of investment strategies.
Municipal water and sewer services are available at the lot line, helping streamline future development. With exceptionally low vacancy rates throughout the South Okanagan and strong municipal support for additional housing, this is a rare opportunity to secure one of Oliver's premier multi-family development sites. Offered below appraised value.
Purchase this parcel individually or combine it with the adjoining properties to assemble the full 4-acre development opportunity.
Property summary
- MLS® number
- 10393936
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 1.15 acres
- Annual property taxes
- $10,601.50
- Days on market
- 66 days
Features & details
- Lot features
- Level lot, Irregular lot size
- Community features
- Family Oriented
- View
- Mountain view
- Waterfront
- Waterfront on river
What would this home cost you?
Based on the $1,750,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Chamberlain Property Group, Penticton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the 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.