Prime Investment Opportunity! This fully furnished 3-bedroom penthouse unit in the highly sought-after U8 building is a turnkey investment ready to generate income. Located just steps from UBCO, this spacious unit features an open-concept floor plan with soaring ceilings, 3 bathrooms (2 ensuites and 1 main bath), and modern finishes throughout. With its ideal proximity to campus, this condo is perfectly positioned for rental to UBCO students, ensuring consistent demand and strong rental yields. The unit is currently leased at $3,000 per month plus $300 for utilities, offering an excellent cash flow opportunity. Additional investor-friendly features include a tandem parking stall for two vehicles, a private storage locker, and an in-suite heating/cooling system for added comfort and energy efficiency. The U8 building is well-maintained and offers easy access to local amenities, including Kelowna Brew Co, and the airport. This unit is easy to show with prior notice, making it an attractive addition to your investment portfolio. Don't miss out on this rare opportunity to secure a property in one of Kelowna's most desirable rental areas. Tenants in place until the end of June so Buyers looking for occupancy should act fast. Contact your favorite Realtor to schedule a viewing today! (id:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
931 sq. ft.86.5 m2
Zoning:
Unknown
Association Fee:
363.4
Association Fee Frequency:
Monthly
Association Fee Includes:
Property Management, Waste Removal, Ground Maintenance, Water, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer
Taxes:
$2,743.9 /
-
Community:
University District
Community Features:
Rentals Allowed
Security Features:
Sprinkler System-Fire, Smoke Detector Only
Structure Type:
Apartment
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Data was last updated May 29, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
175
Avg list price:
$822,500
Min list price:
$139,900
Max list price:
$2,998,800
Avg days on market:
33
Min days on market:
1
Max days on market:
412
Avg price per sq.ft.:
$210.79
These statistics are generated based on the current listing's property type
and located in
University District. Average values are
derived using median calculations.
In addition to viewing our Kelowna penthouses for sale MLS listings, learn more about how much penthouses cost in Vancouver compared to Kelowna. Please contact me if you have any real estate questions and are looking for an experienced Vancouver realtor.
