New Heights Realty Group
#PH11 625 Academy Way, Kelowna, BC photo 1
#PH11 625 Academy Way, Kelowna, BC photo 2
#PH11 625 Academy Way, Kelowna, BC photo 3

$498,000

#PH11 625 Academy Way, Kelowna, BC

3 bed · 3 bath · 931 sqft

MLS® number: 10391434

Get directions
16
Walk Score
38
Transit
17
Bike
Walk Score® by Redfin

Key details

Property type
Single Family
Beds · baths
3 · 3
Size
931 sq ft
Price per sq ft
$535
Strata fee
$363/mo
Parking
2
Year built
2020

About this condo

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:63159)

Details

MLS® number
10391434
Property type
Single Family
Bedrooms
3
Bathrooms
3
Interior size
931 sqft
Year built
2020
Building storeys
4
Strata fee
$363 / month
Fee per sq ft
$0.39 / sqft
Fee includes
Property Management, Waste Removal, Ground Maintenance, Water, Other, See Remarks, Reserve Fund Contributions
Property tax
$3,065
Ownership
Condo/Strata
Parking
2
Parking details
Underground, Parkade, Heated Garage
Heating
Heat Pump, Forced air, Electric
Cooling
Central air conditioning
Flooring
Vinyl
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Community features
Pets not Allowed, Rentals Allowed
Security
Sprinkler System-Fire, Smoke Detector Only
Neighbourhood
University District
Postal code
V1V0E3

Rooms

4pc BathroomMain level5' x 8'
BedroomMain level9'0'' x 10'0''
3pc Ensuite bathMain level4'10'' x 7'5''
BedroomMain level9'9'' x 9'9''
3pc Ensuite bathMain level5'0'' x 8'10''
Primary BedroomMain level7'0'' x 9'9''
Living roomMain level11'0'' x 10'0''
KitchenMain level11'0'' x 14'9''

Nearby

Schools

  • Aberdeen Hall Preparatory SchoolElementary-Secondary · Independent School667 m
  • Dr Knox Middle SchoolMiddle School · Public School2.6 km
  • North Glenmore ElementaryElementary · Public School2.7 km

Who lives in Kelowna

Statistics Canada 2021 Census figures for the whole city, not this building or street.

Population
144,576
Change since 2016
+13.5%
People per km²
682
Homes
67,115
Median household income
$82,000
Median after-tax income
$73,500

Immigration

15.3% of residents were born outside Canada (21,635 people).

Most common countries of birth, as a share of all residents

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1.0% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Languages spoken

Mother tongue, as a share of all residents

  • English82.6% · 117,795
  • Punjabi (Panjabi)2.1% · 3,065
  • German1.9% · 2,655
  • French1.5% · 2,100
  • Spanish0.9% · 1,245
  • Tagalog (Pilipino, Filipino)0.9% · 1,225
  • Mandarin0.7% · 1,065
  • Russian0.5% · 650
  • Italian0.4% · 610
  • Korean0.4% · 590

English and French

Knowledge of official languages

  • English only91.7%
  • English and French7.5%
  • French only0.0%
  • Neither English nor French0.8%
MLS® Reciprocity

Canada Flex Realty Group Ltd.

MLS® number: 10391434

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.

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