About this home
FULLY FURNISHED WITH TENANT IN PLACE! Welcome to U-Eight, one of the premier condominium communities on Academy Way, situated just steps from the UBCO campus. With a tenant already in place, this stylish studio offers immediate, hassle-free revenue from day one. It is a prime turn-key opportunity for savvy investors targeting one of the Okanagan’s strongest rental markets, or forward-thinking parents securing a low-maintenance home for a future student. The smart and efficient layout maximizes every square foot, featuring a full kitchen equipped with a fridge, stove, and dishwasher, along with convenient in-suite laundry and a dedicated workspace ideal for studying or remote work. The contemporary bathroom offers a walk-in shower, while the private patio provides a quiet outdoor retreat to relax and unwind. Residents also enjoy access to dedicated on-site study rooms designed to support student success and productivity. Located in the highly desirable University District, this property puts you minutes from campus, public transit, Kelowna International Airport, championship golf courses, scenic trails, shopping, and dining. Whether expanding your investment portfolio or securing a property in a rapidly growing community, this turn-key studio delivers outstanding long-term value and effortless ownership.
Highlights & things to check
Highlights
- Built in 2020, this 314 sq ft studio has one bathroom, a balcony and a mountain view, per the listing.
- The unit is fully furnished with a tenant in place, and in-suite laundry is included, per the listing.
- One parking stall is listed, and pets are allowed in the community, per the listing.
- Straight-line, the town centre is 1.2 km away and Lake Okanagan is 4.9 km away.
- The listing shows a $121 monthly strata fee. The middle strata fee for condo listings in Kelowna right now is about $430 a month.
Things to check
- Ask for the strata bylaws on rentals, pets and age limits, and ask when the current tenant's lease ends.
- Ask what the $121 monthly strata fee covers, such as heat, water or building insurance.
- The listing says electric heating; ask what type of electric heat is installed in the unit.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 625 Academy Way Unit# 203
Neighbourhood scores
7.5 / 10Walk & bike score: 5.8 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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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 · 4 rooms
- Bedroom - Bachelor9'2'' x 8'11''
- Living room6'2'' x 11'9''
- Kitchen10'3'' x 2'10''
- Full bathroom8'5'' x 4'11''
Property details
- Price
- $299,900
- MLS® number
- 10398124
- Property type
- Condo / apartment · Apartment · Single Family
- Ownership
- Condo/Strata
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 314 sq ft
- Year built
- 2020
- Storeys
- 1
- Parking spaces
- 1
- Annual taxes
- $1,517
- Strata / HOA fee
- $121 monthly
- Community
- University District, Kelowna
Features
- Style
- Contemporary
- Heating
- Electric
- Cooling
- Central air conditioning
- Parking
- Stall
- View
- Mountain view
- Flooring
- Vinyl
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Oven - Built-In
- Community
- Pets Allowed
- Lot
- One Balcony
- Water
- Municipal water
- Sewer
- Municipal sewage system
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Listing information is provided by Realty One Real Estate Ltd through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.