ActiveFor Sale

Unit PH11 - 625 Academy Way
Kelowna, British Columbia, V1V0E3

Apartment
CREA
MLS® Number: 10391434
$498,000List Price
3Bedrooms
3Bathrooms
2Total Parking
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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:66360)

Features

See remarksSprinkler System-FireSmoke Detector OnlyWasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Amenities

Pets not AllowedRentals AllowedProperty ManagementWaste RemovalGround MaintenanceWaterOther, See RemarksReserve Fund Contributions

Summary

List Price:$498,000
MLS® Number:10391434
CREA Listing Key:29926019
Type:Apartment
Building Age:Built 2020
Size:931 sq ft
Maintenance:$363 / Monthly
Taxes:$3,065
Total Parking Spaces:2
Community:University District
Listing Brokerage:Canada Flex Realty Group

Rooms

8 rooms
Main level
4pc Bathroom5' x 8'
Bedroom9'0'' x 10'0''
3pc Ensuite bath4'10'' x 7'5''
Bedroom9'9'' x 9'9''
3pc Ensuite bath5'0'' x 8'10''
Primary Bedroom7'0'' x 9'9''
Living room11'0'' x 10'0''
Kitchen11'0'' x 14'9''

Details

Property

Property Type:Apartment
Style:Contemporary
Community:University District
Municipality:Kelowna

Building

Size:931 sq ft
Building Age:Built 2020

Inside

Bedrooms:3
Bathrooms:3
Rooms:8
Appliances Included:Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Parking

Total Parking Spaces:2
Parking Features:Underground, Parkade, Heated Garage

Utilities

Cooling:Central air conditioning
Heating:Heat Pump, Forced air, Electric
Water Supply:Municipal water
Utility Sewer:Municipal sewage system

Land

PIN #:031-157-939

$498,000

List price