About this home
Secure a property today that could pay you back for years to come. This fully furnished 2 bedroom, 2 bathroom corner unit with split floorplan just steps from UBCO offers the kind of investment opportunity that’s becoming increasingly difficult to find—strong rental demand, exceptional location, and cash-flow-positive potential with reliable above-market rental income. Whether you’re growing your portfolio or securing future housing for a child attending university, this property offers immediate income potential while fully covering itself in the meantime. Built in 2016, this bright and functional 822 sq ft condo sits in one of the closest residential buildings to UBCO, making it highly desirable for students who value convenience and quick access to campus. In a market where vacancy can be a concern, this location continues to stand out with consistent rental demand year after year. The layout offers privacy with two bedrooms and two full bathrooms, ideal for roommates and maximizing rental appeal. As a corner unit, the space is filled with natural light, creating a bright, comfortable atmosphere throughout and a patio to enjoy the views. Being sold fully furnished means it’s ready to generate income immediately with minimal effort for the next owner. Beyond the university, residents enjoy quick access to the airport, shopping, golf courses, restaurants, and walking trails, adding even more long-term appeal for tenants and future resale value.
Highlights & things to check
Highlights
- Corner unit with 2 bedrooms and 2 bathrooms, 822 sq ft, built in 2016.
- Per the listing, the unit is sold fully furnished and has a balcony.
- Parkade parking is included per the listing.
- Town centre Kelowna is 770 m away, and Lake Okanagan is 4.8 km away.
Things to check
- Ask whether the strata bylaws permit rentals, since the listing is marketed as an investment.
- Ask what the $434 monthly strata fee covers and whether the parkade stall is included.
- Ask what the electric baseboard heating costs to run, since it is the only heat listed.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 881 Academy Way Unit# 312
Neighbourhood scores
7.5 / 10Walk & bike score: 6 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
Everyone in the family marks what matters to them (Skip, Nice or Must), and every home gets a match score. Kids too.
Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Room sizes
Main level · 6 rooms
- 3pc Bathroom8'4'' x 5'1''
- Bedroom12'4'' x 9'0''
- 3pc Ensuite bath9'2'' x 4'11''
- Primary Bedroom9'2'' x 15'1''
- Living room13'5'' x 23'4''
- Kitchen11'0'' x 9'2''
Property details
- Price
- $425,000
- MLS® number
- 10397811
- Property type
- Condo / apartment · Apartment · Single Family
- Ownership
- Condo/Strata
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 822 sq ft
- Year built
- 2016
- Storeys
- 1
- Parking spaces
- 1
- Annual taxes
- $2,547
- Strata / HOA fee
- $434 monthly
- Fee includes
- Property Management, Waste Removal, Ground Maintenance, Water, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer
- Community
- University District, Kelowna
Features
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Parking
- Parkade
- Flooring
- Laminate, Carpeted
- Roof
- Other, Unknown
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Lot
- Balcony
- Water
- Municipal water
- Sewer
- Municipal sewage system
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Listing information is provided by Vantage West Realty Inc. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.