$498,000
 $2,673 est/mo Sourced by Back At You

625 Academy Way Unit# Ph11,Kelowna, BC V1V0E3

Kelowna, BC V1V0E3

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Description

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. (id:13843)

Details

MLS #10391434
Listing TypeFor Sale
StyleCondominium
Strata Fees$363
StatusActive
Year2020
Days On Site128
Listing Provided ByCanada Flex Realty Group | Kara Torgasows

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet931
Garage2
Story(s)4

Interior

CoolingCentral air conditioning
HeatingHeat Pump, Forced air, Electric
AppliancesWasher, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Fireplace Yes / NoNo

Exterior

Security FeaturesSprinkler System-Fire, Smoke Detector Only
RoofOther, Unknown
Lot FeaturesSee remarks

Parking

Parking FeaturesUnderground, Parkade, Heated Garage
Parking Total2

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount3065.34

Area Information

ProvinceBC
CityKelowna
Postal CodeV1V0E3
Listing VS Median (in V1V0E3)
Price:
$498,000
low | high
Med:
$299,900
89.779116465863% of Average
sqft:
931
low | high
Med:
314
100% of Average
$ / sqft:
$535
low | high
Med:
$955
28.553001816182% of Average
On site:
128
low | high
Med:
65
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityKelowna
Postal CodeV1V0E3
Listing VS Median (in V1V0E3)
Price:
$498,000
low | high
Med:
$299,900
89.779116465863% of Average
sqft:
931
low | high
Med:
314
100% of Average
$ / sqft:
$535
low | high
Med:
$955
28.553001816182% of Average
On site:
128
low | high
Med:
65
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $373K - $622K
sqft: 698 - 1,000
Listing Updated: October 1, 2026 at 10:47:51 PM PDT