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$553,000

#PH11-625 Academy Way

University District
Kelowna

3 Beds3 Baths
931 square feet
MLS® 10342206

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$553,000

#PH11-625 Academy Way

University District
Kelowna

3 Beds3 Baths
931 Sq. Ft.
MLS® 10342206

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:21321)

Full Address:
#PH11-625 Academy Way, Kelowna, British Columbia
Price:
$ 553,000
MLS Number:
10342206
List Date:
April 8th, 2025
Neighbourhood:
University District
Year Built:
2020
Taxes:
$ 2,744

Property Specifications

Bedrooms:
3
Bathrooms:
3
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Vinyl
Air Conditioning:
Central air conditioning
Heating:
Heat Pump, Forced air, Electric

Interior Features

Architectural Style:
Contemporary
Storeys:
4
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Other, Unknown
Zoning:
Unknown
Garage:
Underground, Parkade, Heated Garage
Garage Spaces:
2
Ownership Type:
Condo/Strata
Taxes:
$ 2,744
Stata Fees:
$ 363

Building Features

Finished Area:
931 sq.ft.

Floors

Amenities Nearby:
Rentals Allowed

Neighbourhood Features

Office: Canada Flex Realty Group Ltd.

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