University District Kelowna

625 Academy Way Unit PH11

$498,000
3-bedroom3 bath931 sq ftBuilt 2020Kelowna, BC
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About this home

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.

Details

MLS® number
10391434
Strata fee
$363/month
Type
Condo
Ownership
Condo/Strata
Fee includes
Property Management, Waste Removal, Ground Maintenance, Water, Other, See Remarks, Reserve Fund Contributions
Parking
Underground, Parkade, Heated Garage (2 total)
Heating
Heat Pump, Forced air, Electric
Cooling
Central air conditioning
Flooring
Vinyl
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Community
Pets not Allowed, Rentals Allowed
Style
Contemporary
Stories
4
Property tax
$3,065

Location

This property is located in U EIGHT, a short walk to UBCO. Click “View in 3D” to explore the immersive map and see where the building sits in the neighbourhood and where this suite is within the building.

Rooms
RoomLevelSize
4pc BathroomMain level5' x 8'
BedroomMain level9'0" x 10'0"
3pc Ensuite bathMain level4'10" x 7'5"
BedroomMain level9'9" x 9'9"
3pc Ensuite bathMain level5'0" x 8'10"
Primary BedroomMain level7'0" x 9'9"
Living roomMain level11'0" x 10'0"
KitchenMain level11'0" x 14'9"

Listing brokerage: Canada Flex Realty Group

More in U EIGHT

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