PH11 625 Academy Way, Kelowna
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:36863)
Property Details
- Full Address:
- PH11 625 Academy Way, Kelowna, British Columbia
- Price:
- $ 553,000
- MLS Number:
- 10342206
- List Date:
- April 8th, 2025
- Year Built:
- 2020
- Taxes:
- $ 2,744
Interior Features
- 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
Building 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
Floors
- Finished Area:
- 931 sq.ft.
Land
Neighbourhood Features
- Amenities Nearby:
- Rentals Allowed
Ratings
Commercial Info
Location
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