$425,000
881 Academy Way Unit# 312, Kelowna
University District, Kelowna, BC V1V0A2
2 bd · 2 ba · 822 sq ft · Condo / apartment
Listed by Vantage West Realty Inc.
About this property
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. (id:67417)
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
Rooms
| Level | Room | Size |
|---|---|---|
| Main level | 3pc Bathroom | 8'4'' x 5'1'' |
| Main level | Bedroom | 12'4'' x 9'0'' |
| Main level | 3pc Ensuite bath | 9'2'' x 4'11'' |
| Main level | Primary Bedroom | 9'2'' x 15'1'' |
| Main level | Living room | 13'5'' x 23'4'' |
| Main level | Kitchen | 11'0'' x 9'2'' |
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