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Listed by: Amar Kahlon | RE/MAX Penticton Realty
Active
$560,000

591 CHURCH Avenue, Oliver BC

2beds
1bath
828sq ft
$676/sq ft
12 days on rennie- cumulative days on market
10333499MLS ®

Introducing an exclusive real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties. The development permit is ready for immediate acquisition, requiring the buyer to apply for the building permit to commence the project. This development encompasses four units on each of the paired properties at 586 School Ave and 491 Church Ave. These two-story units, spanning approximately 1150 sqft each,3-bedroom configurations. Situated within walking distance to the school and various amenities, the location is ideal for families. Both houses are presently tenanted, generating a monthly rental income of nearly $3000, plus utilities, ensuring a steady cash flow during the period of awaiting the building permit.

property details


HouseProperty type
RanchStyle of home
6,098.4 ft²Lot area SF
$2,535Taxes 2024
OneFloor levels
Corner LotFeatures included
SubareaOL - Oliver
Listed byRE/MAX Penticton Realty
rennie last checkedMay 06, 2025 at 07:12am
Last updatedJanuary 27, 2025 at 01:55pm
SourceOkanaganBC

Additional Details


Additional property details
# of Rooms6
Outdoor areaPorch
Parking / Storage
ParkingAdditional Parking, Other
Other
ZoningRS1
Legal descriptionLOT 10 BLOCK 16 D LOT 24505 SDYD TOWNSITE OF OLIVER
Room details
FloorTypeSize
MainKitchen1'00x213'00
MainMaster Bedroom10'50x8'00
MainDining Room10'92x8'75
MainBedroom8'92x13'25
MainLiving Room13'25x13'83
Bathroom details
FloorEnsuitePieces
MainNo3
Additional building details
Year Built1942
ConstructionConcrete, Stucco
FoundationConcrete Perimeter
RoofAsphalt, Shingle
Sewer typePublic Sewer
Water typePublic
Fuel / heatingElectric, Forced Air, Natural Gas, Other
Storeys in building1
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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.