U Eight Condos - Condo Living Starts Here

625 Academy Way Unit# Ph11 Kelowna V1V0E3

$553,000

Description

Prime Investment Opportunity! This fully furnished 3-bedroom penthouse unit in the highly sought-after U8 building is a turnkey investment ready to generate 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. With its ideal proximity to campus, this condo is perfectly positioned for rental to UBCO students, ensuring consistent demand and strong rental yields. The unit is currently leased at $3,000 per month plus $300 for utilities, offering an excellent cash flow opportunity. Additional investor-friendly features include a tandem parking stall for two vehicles, a private storage locker, and an in-suite heating/cooling system for added comfort and energy efficiency. The U8 building is well-maintained and offers easy access to local amenities, including Kelowna Brew Co, and the airport. This unit is easy to show with prior notice, making it an attractive addition to your investment portfolio. Don't miss out on this rare opportunity to secure a property in one of Kelowna's most desirable rental areas. Tenants in place until the end of June so Buyers looking for occupancy should act fast. Contact your favorite Realtor to schedule a viewing today! (id:56537)

Contact Don Rae 250-864-7337 the experienced condo specialist that knows U Eight. Outside the Okanagan? Call toll free 1-877-700-6688

Details

Amenities Nearby : Schools, Shopping, Ski area
Access : Highway access
Appliances Inc : Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Community Features : Rentals Allowed
Features : See remarks
Structures : -
Total Parking Spaces : 2
View : -
Waterfront : -
Zoning Type : Unknown

Building

Architecture Style : Contemporary
Bathrooms (Partial) : 0
Cooling : Central air conditioning
Fire Protection : Sprinkler System-Fire, Smoke Detector Only
Fireplace Fuel : -
Fireplace Type : -
Floor Space : -
Flooring : Vinyl
Foundation Type : -
Heating Fuel : Electric
Heating Type : Forced air, Heat Pump
Roof Style : Unknown
Roofing Material : Other
Sewer : Municipal sewage system
Utility Water : Municipal water

Rooms

4pc Bathroom
: 8' x 5'
Bedroom
: 10'0'' x 9'0''
3pc Ensuite bath
: 7'5'' x 4'10''
Bedroom
: 9'9'' x 9'9''
3pc Ensuite bath
: 8'10'' x 5'0''
Primary Bedroom
: 9'9'' x 7'0''
Living room
: 10'0'' x 11'0''
Kitchen
: 14'9'' x 11'0''

Location

625 Academy Way Unit# PH11 Kelowna, BC V1V0E3 - MLS:10342206


Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.
Courtesy of : Canada Flex Realty Group Ltd.

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