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Investment signal

$2,700,000

310 CO-OP Avenue

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Beds

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Baths

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Sqft

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Year

1959

Type

Other

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Oliver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

High-yield commercial investment offering an 8%+ cap rate in the heart of Oliver BC. This rare C3-zoned property at 310 Co-op Ave delivers nearly 50,000 sq ft of versatile commercial space plus a large fenced yard, ideal for industrial, warehouse, retail, and multi-tenant operations. With three of four units currently leased, this building provides steady income with significant upside as the remaining space is filled. The expansive layout, high-exposure frontage, and ease of access for large vehicles make it a sought-after site for a wide range of commercial users. Located in the vibrant South Okanagan, just minutes from major transportation routes and the U.S. border, this property sits in a growing business corridor with strong long-term demand. A standout opportunity for investors seeking stable cash flow, growth potential, and a hands-off commercial asset in a business-friendly communities. (id:65958)

Subtype: Other
Structure: Residential Commercial Mix
Community: Oliver
Common interest: Freehold
Living area: 49,868 square feet
Lot size: 2.23 acres
Lot dimensions: 2.23
On market: Dec 11, 2025
Status changed: Apr 24, 2026
Annual tax: $24,169.2
Photos: 28
MLS#: 10370891
Area: OLIVER

Features and systems

Parking

Additional Parking

Heating

Forced airSee remarks

Cooling

Window air conditioner

Roof

Asphalt shingleTar & gravelOtherUnknown

Lot

Level lot

Community

High Traffic Area

Negative cash flow ~$2,812/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.25%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,460

Financing

Down payment$540,000

Loan amount$2,160,000

Mortgage$10,944/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,238

Insurance$80

Maintenance$2,250

CapEx reserve$1,125

Vacancy loss$675

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $10,944/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.