For Sale: 105-935 Academy Way, Kelowna, BC - REW
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$474,900
3 bd • 3 ba • 870 sf • Apt/Condo
105-935 Academy Way
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$474,900
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935 Academy Way Unit# 105Kelowna, BC, V1V 3C9

Highway 97
  • 3 Bed
  • 3 Bath
  • 870 Sqft
  • Apt/Condo

About this home

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:63626)
Listed by: Joshua Elliott, REMAX Kelowna

Home facts and features

Price details
List Price
$474,900
Get Pre-Approved
Gross Taxes for 2026
$2,871
Strata Maintenance Fees
$391 Monthly
Home facts
Bedrooms
3
Full Bathrooms
3
Parking Spaces
1
Parking Details
Parkade, Underground
Property Type
Apt/Condo
Year Built
Built in 2015 (11 yrs old)
Title
Condo/Strata
Exterior Finish
Brick, Other
Heating Type
Forced air, Electric
Cooling
Central air conditioning
Features
One Balcony, Sprinkler System-Fire
Community
Agent details
Primary Agent
Primary Broker
REMAX Kelowna
Listing details
Days on REW
3 Days
MLS® Number
10402872
Source
Canadian Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Aberdeen Hall Preparatory School
  • Independent
  • Pre-K - 12
North Glenmore Elementary School
  • Public
  • K - 6
Dr Knox Middle School
  • Public
  • 7 - 9
Pearson Road School
  • Public
  • Pre-K - 5
Rutland Middle School
  • Public
  • 6 - 8
Rutland Senior Secondary School
  • Public
  • 9 - 12
Rutland Elementary School
  • Public
  • K - 5
Watson Road Elementary School
  • Public
  • K - 6
Studio 9 Independent School of the Arts
  • Independent
  • K - 12
Heritage Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Joshua Elliott
Phone:
(250) 212-2732
Cell:
250-212-2732
Office:
250-717-5000
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