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Home BC Greater Kelowna Kelowna Highway 97
625 Academy Way Unit# PH11
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625 Academy Way Unit# PH11 $553,000
6 days ago
$553,000
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625 Academy Way Unit# PH11
Kelowna, British Columbia V1V0E3

MLS® Number: 10342206
3
Bedrooms
3
Bathrooms
931
Square Feet

Listing Description

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! (38479031)

Property Summary

Property Type
Single Family
Building Type
Apartment
Storeys
4
Square Footage
931 sqft
Community Name
U Eight
Neighbourhood Name
University District
Title
Strata
Land Size
under 1 acre
Built in
2020
Annual Property Taxes
$2,743.90
Parking Type
Heated Garage, Parkade, Underground (2)
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
3
Partial
0
Interior Features
Appliances Included
Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Flooring
Vinyl
Building Features
Features
See remarks
Present Use
Community Multi-Tenant
Architecture Style
Contemporary
Fire Protection
Sprinkler System-Fire, Smoke Detector Only
Storage
Storage, Locker
Heating & Cooling
Cooling
Central air conditioning
Heating Type
(Electric), Forced air, Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Other)
Neighbourhood Features
Community Features
Rentals Allowed
Amenities Nearby
Schools, Shopping, Ski area
Maintenance or Condo Information
Maintenance Fees
$363.40 Monthly
Maintenance Fees Include
Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
Parking
Parking Type
Heated Garage, Parkade, Underground (2)
Total Parking Spaces
2

Measurements

Square Footage
931 sqft

Rooms

MetricImperial
Main level
4pc Bathroom
Bedroom
3pc Ensuite bath
Bedroom
3pc Ensuite bath
Primary Bedroom
Living room
Kitchen

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Access
Highway access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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