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625 Academy Way Unit# PH11
University District Kelowna V1V 0E3

$553,000
Single Family beds: 3 baths: 3.0 931 sq. ft. built: 2020

Main Photo: 625 Academy Way Unit# PH11 in Kelowna: Condo for sale : MLS®# 10342206
Photo 1: 625 Academy Way Unit# PH11 in Kelowna: Condo for sale : MLS®# 10342206
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
10342206
Bedrooms:
3
Bathrooms:
3
Year Built:
2020
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.
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
Home Style:
Contemporary
Bedrooms:
3
Bathrooms:
3.0
Half Bathrooms:
0
Roof:
Other, Unknown
Cooling:
Central air conditioning
Fireplace:
No
Floor finish:
Vinyl
Heating:
Heat Pump, Forced air, Electric
Roof Style:
Other, Unknown
# Storeys:
4.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Features:
See remarks
Parking:
Underground, Parkade, Heated Garage
Total Parking Spaces:
2
Floor
Type
Size
Other
Main level
Bedroom
10' × 9'
-
Main level
Bedroom
9'9" × 9'9"
-
Main level
Primary Bedroom
9'9" × 7'
-
Main level
Living room
11' × 10'
-
Main level
Kitchen
14'9" × 11'
-
Floor
Ensuite
Pieces
Other
Main level
No
4
5' x 8'
Main level
Yes
3
4'10" x 7'5"
Main level
Yes
3
5' x 8'10"
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Listed by Canada Flex Realty Group Ltd.
Data was last updated May 7, 2025 at 02:15 PM (UTC)
Area Statistics
Listings on market:
145
Avg list price:
$396,000
Min list price:
$249,900
Max list price:
$2,998,800
Avg days on market:
40
Min days on market:
2
Max days on market:
390
Avg price per sq.ft.:
$309.38
These statistics are generated based on the current listing's property type and located in University District. Average values are derived using median calculations.
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