Unknown for PH11 - 625 ACADEMY WAY, Kelowna British Columbia V1V0E3
9 days on Market

PH11 - 625 ACADEMY WAY, Kelowna, British Columbia V1V0E3

Condo
3
3
~931 sqft
$553,000
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Condo
3
3
~931 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$593/sqft

Est. Mortgage$2,375/mo

Maintenance fees$363/mo

Tax Amount ()$2,744/yr

Days On Market9 days


Description

Prime 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:39198)


Property Details

StyleApartment
View-
Age of property2020
SqFt~931 SqFt
Lot Size-
Parking Spaces2
MLS ®Number10342206
Community NameHighway 97
Data SourceCREA
Listing byCanada Flex Realty Group Ltd.

Features

Heating: Heat Pump, Forced air, Electric
Cooling: Central air conditioning

Main level Floor

4pc Bathroom

5' x 8'

Bedroom

9'0'' x 10'0''

3pc Ensuite bath

4'10'' x 7'5''

Bedroom

9'9'' x 9'9''


Parking

Garage spaces -

Garage type -

Total parking spaces 2


4Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 8, 2025
ListedActive
$553,000
9 days on market
history photo preview23
Listing by crea®
Property listed by Canada Flex Realty Group Ltd., Brokerage
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Population and Demographics

Overview

Total population 5100
Average household income $103,117

Age (%)

20 to 34
28%
65 and plus
21%
50 to 64
19%
0 to 19
17%
35 to 49
16%

Household composition (%)

Single family
53%
Single person
35%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
84%
Others
4%
Punjabi (Panjabi)
4%
Mandarin
2%
German
2%
French
2%

House tenancy (%)

Owners
57%
Renters
43%

Schools and amenities

Estimated Budget

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