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:44056)

Property Details

Full Address:
625 Academy Way Unit# PH11, Kelowna, British Columbia
Price:
$ 498,000
MLS Number:
10391434
List Date:
June 18th, 2026
Year Built:
2020
Taxes:
$ 3,065

Interior Features

Bedrooms:
3
Bathrooms:
3
Total Rooms:
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Vinyl
Air Conditioning:
Central air conditioning
Heating:
Heat Pump, Forced air, Electric

Building Features

Architectural Style:
Contemporary
Storeys:
4
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Other, Unknown
Garage:
Underground, Parkade, Heated Garage
Garage Spaces:
2
Security:
Sprinkler System-Fire, Smoke Detector Only
Ownership Type:
Condo/Strata
Taxes:
$ 3,065
Stata Fees:
$ 363
Stata Fee Frequency:
Monthly
Stata Fee Inclusions:
Property Management, Waste Removal, Ground Maintenance, Water, Other, See Remarks, Reserve Fund Contributions

Floors

Finished Area:
931 sq.ft.

Land

Lot Features:
See remarks

Neighbourhood Features

Amenities Nearby:
Pets not Allowed, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

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