625 Academy Way Unit# Ph11 Kelowna, British Columbia V1V 0E3
$553,000Maintenance, Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
$363.40 Monthly
Maintenance, Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
$363.40 MonthlyPrime 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:24231)
Property Details
| MLS® Number | 10342206 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Community Name | U Eight |
| Amenities Near By | Schools, Shopping, Ski Area |
| Community Features | Rentals Allowed |
| Features | See Remarks |
| Parking Space Total | 2 |
| Storage Type | Storage, Locker |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer |
| Architectural Style | Contemporary |
| Constructed Date | 2020 |
| Cooling Type | Central Air Conditioning |
| Fire Protection | Sprinkler System-fire, Smoke Detector Only |
| Flooring Type | Vinyl |
| Heating Fuel | Electric |
| Heating Type | Forced Air, Heat Pump |
| Roof Material | Other |
| Roof Style | Unknown |
| Stories Total | 4 |
| Size Interior | 931 Sqft |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Heated Garage | |
| Parkade | |
| Underground | 2 |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Schools, Shopping, Ski Area |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1 Acre |
| Zoning Type | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 4pc Bathroom | 8' x 5' | ||
| Main Level | Bedroom | 10'0'' x 9'0'' | ||
| Main Level | 3pc Ensuite Bath | 7'5'' x 4'10'' | ||
| Main Level | Bedroom | 9'9'' x 9'9'' | ||
| Main Level | 3pc Ensuite Bath | 8'10'' x 5'0'' | ||
| Main Level | Primary Bedroom | 9'9'' x 7'0'' | ||
| Main Level | Living Room | 10'0'' x 11'0'' | ||
| Main Level | Kitchen | 14'9'' x 11'0'' |
https://www.realtor.ca/real-estate/28136825/625-academy-way-unit-ph11-kelowna-university-district
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April 08 2025 05:33:02
Okanagan-Mainline Real Estate Board
Canada Flex Realty Group Ltd.