625 Academy WAY #PH11 Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1V0E3
Key Details
Property Type Condo
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Square Footage 931 sqft
Price per Sqft $593
Subdivision University District
MLS Listing ID 10342206
Style Contemporary
Bedrooms 3
Condo Fees $363/mo
Originating Board Association of Interior REALTORS®
Year Built 2020
Property Sub-Type Strata
Property 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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 1.0
Extra Room 1 Main level 8' x 5' 4pc Bathroom
Extra Room 2 Main level 10'0'' x 9'0'' Bedroom
Extra Room 3 Main level 7'5'' x 4'10'' 3pc Ensuite bath
Extra Room 4 Main level 9'9'' x 9'9'' Bedroom
Extra Room 5 Main level 8'10'' x 5'0'' 3pc Ensuite bath
Extra Room 6 Main level 9'9'' x 7'0'' Primary Bedroom
Interior
Heating ,Forced air,Heat Pump
Cooling Central air conditioning
Flooring Vinyl
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Community Features Rentals Allowed
View Y/N No
Roof Type Unknown
Total Parking Spaces 2
Private Pool No
Building
Lot Description Landscaped
Story 4
Sewer Municipal sewage system
Architectural Style Contemporary
Others
Ownership Strata