$498,000

625 Academy Way Unit# PH11, Kelowna

University District, Kelowna, BC V1V0E3

3 bd · 3 ba · 931 sq ft · Condo / apartment

Listed by Canada Flex Realty Group Ltd.

About this property

This fully furnished 3-bedroom penthouse unit in the highly sought-after U8 building is a turnkey opportunity, currently vacant and ready for immediate occupancy or rental 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. Perfectly positioned for strong rental demand, this condo has previously generated $3,200 per month plus $300 for utilities, making it an attractive option for investors seeking excellent cash flow potential. Additional features include a tandem parking stall for two vehicles, a private storage locker, and an in-suite heating and cooling system for year-round comfort and energy efficiency. The well-maintained U8 building offers convenient access to local amenities, restaurants, shopping, UBCO, and Kelowna International Airport. Currently vacant and easy to show on short notice, this is a fantastic opportunity to own in one of Kelowna's most sought-after rental locations. Quick possession available. Contact your favorite Realtor® today to schedule your private viewing. (id:67417)

Property details

Price

$498,000

MLS® number

10391434

Property type

Condo / apartment · Apartment · Single Family

Ownership

Condo/Strata

Bedrooms

3

Bathrooms

3

Living area

931 sq ft

Year built

2020

Storeys

4

Parking spaces

2

Annual taxes

$3,065

Strata / HOA fee

$363 monthly

Fee includes

Property Management, Waste Removal, Ground Maintenance, Water, Other, See Remarks, Reserve Fund Contributions

Community

University District, Kelowna

Features

Style

Contemporary

Heating

Heat Pump, Forced air, Electric

Cooling

Central air conditioning

Parking

Underground, Parkade, Heated Garage

Flooring

Vinyl

Roof

Other, Unknown

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Community

Pets not Allowed, Rentals Allowed

Lot

See remarks

Water

Municipal water

Sewer

Municipal sewage system

Rooms

Level	Room	Size
Main level	4pc Bathroom	5' x 8'
Main level	Bedroom	9'0'' x 10'0''
Main level	3pc Ensuite bath	4'10'' x 7'5''
Main level	Bedroom	9'9'' x 9'9''
Main level	3pc Ensuite bath	5'0'' x 8'10''
Main level	Primary Bedroom	7'0'' x 9'9''
Main level	Living room	11'0'' x 10'0''
Main level	Kitchen	11'0'' x 14'9''

View on map