Area: British Columbia
Advertise With UsSitemap
Three bedrooms, three bathrooms, and a location that keeps renters coming. This 870 square foot condo at U ONE on Academy Way is less than a 10 minute walk from UBCO, in a rental pocket that keeps proving its strength.Even as Kelowna has added plenty of new rental apartment inventory in recent years, the University District has held onto high rents and low vacancy. That's the kind of demand investors like to see. The layout works beautifully for shared living: two bedrooms have private 3-pcs ensuites, and the third has a full 3-pcs path just across the hall. Add in-suite laundry, luxury vinyl plank flooring and a north-facing patio, plus one underground parking stall. Built in 2015, the building is well maintained, with a composite board exterior and brick accents. The suite shows some wear, which gives a new owner the chance to freshen it up over time and add value. Currently tenanted on a fixed term through the school year, it's an income-producing hold from day one. Investors, this is a straightforward addition to a portfolio. Parents, this is a chance to secure a home for your student for next year, without the scramble. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Google search University District Kelowna to learn more about this fantastic location to invest. (id:44056)

Property Details

Full Address:
935 Academy Way Unit# 105, Kelowna, British Columbia
Price:
$ 474,900
MLS Number:
10402872
List Date:
October 7th, 2026
Neighbourhood:
University District
Year Built:
2015
Taxes:
$ 2,871

Interior Features

Bedrooms:
3
Bathrooms:
3
Flooring:
Vinyl
Air Conditioning:
Central air conditioning
Heating:
Forced air, Electric

Building Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Other, Unknown
Exterior:
Brick, Other
Garage:
Underground, Parkade
Garage Spaces:
1
Ownership Type:
Condo/Strata
Taxes:
$ 2,871
Stata Fees:
$ 391

Floors

Finished Area:
870 sq.ft.

Land

View:
Mountain view, Valley view, View (panoramic)

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Joshua Elliott REMAX Kelowna
 250-212-2732
Request Listing Info

Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Joshua Elliott
REMAX Kelowna

Similar Listings

Copyright © Real Estate Guide 2021 | Legal | Sitemap
Area Modal Trigger
X