625 Academy Way Unit# PH11 University District, Kelowna, British Columbia, CA

Address: 625 Academy Way Unit# PH11, Kelowna, British Columbia

3 Beds3 Baths931 sqftStatus: Buy
Price $553,000

Property Overview


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:51532)

 

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Property Summary
Property Type
Single Family
Building Type
Apartment
Storeys
4
Square Footage
931 sqft
Community Name
U Eight
Title
Strata
Neighbourhood Name
University District
Land Size
under 1 acre
Built in
2020
Parking Type
Heated Garage,Parkade,Underground(2)
Building
Bathrooms
Total
3
Interior Features
Appliances Included
Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Flooring
Vinyl
Building Features
Features
See remarks
Architecture Style
Contemporary
Square Footage
931 sqft
Fire Protection
Sprinkler System-Fire, Smoke Detector Only
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
Rentals Allowed
Amenities Nearby
Schools, Shopping, Ski area
Maintenance or Condo Information
Maintenance Fees
$363.4 Monthly
Maintenance Fees Include
Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
Parking
Parking Type
Heated Garage,Parkade,Underground(2)
Total Parking Spaces
2
Level Rooms Dimensions
Main level 4pc Bathroom 8' x 5'
Bedroom 10'0'' x 9'0''
3pc Ensuite bath 7'5'' x 4'10''
Bedroom 9'9'' x 9'9''
3pc Ensuite bath 8'10'' x 5'0''
Primary Bedroom 9'9'' x 7'0''
Living room 10'0'' x 11'0''
Kitchen 14'9'' x 11'0''

Features
           See remarks            Heated Garage            Parkade
           Underground(2)            Refrigerator            Dishwasher
           Dryer            Range - Electric            Microwave
           Washer            Central air conditioning
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Your Home Finance Calculation

Property Price CA $553,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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