$ 619.900

625 Academy Way Unit Ph 11, Kelowna

23 Photos

Bedroom - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 2

3pc Ensuite bath - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 3

Bedroom - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 4

3pc Ensuite bath - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 5

Primary Bedroom - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 6

Living room - 625 Academy Way Unit Ph 11, Kelowna, BC V1V0E3 Photo 7

Bedrooms: 3
Bathrooms: 3
Living area: 931 square feet

MLS®: 10303006
Type: Apartment
Added: 94 days ago

Property Details

This 3 bedroom penthouse unit in the newest of the ""U"" buildings is ready to go! Featuring a lofty, open floor plan with tall ceilings, 3 bathrooms (2 ensuites and 1 main bath), it comes fully furnished and is ideal as an investment property to rent to students attending UBCO. It conveniently comes with a tandem parking stall for 2 vehicles, a storage locker and its own heating/cooling system in suite. Previously, this unit has rented for $3100 / month plus utilities so there is good income potential for the right buyer. Currently the unit is easy to show with some notice. It is currently being rented via AirBnB until April 30th. U8 is walking distance to the University, Kelowna Brew Co, Franco's Liquor store, close to Reeds Corner, the airport and so much more. Call your Realtor and book a showing today. (id:1945)

Best Mortgage Rates

Property Information

Roof: Other, Unknown
Sewer: Municipal sewage system
Zoning: Residential
Cooling: Central air conditioning
Heating: Forced air, See remarks
Stories: 4
Flooring: Vinyl
Year Built: 2019
Appliances: Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Living Area: 931
Lot Features: See remarks
Photos Count: 23
Water Source: Municipal water
Parcel Number: 031-157-939
Bedrooms Total: 3
Structure Type: Apartment
Association Fee: 363.4
Common Interest: Condo/Strata
Parking Features: Underground, Parkade, Heated Garage
Tax Annual Amount: 2597.28
Security Features: Sprinkler System-Fire, Smoke Detector Only
Community Features: Rentals Allowed With Restrictions
Association Fee Includes: Property Management, Waste Removal, Ground Maintenance, Water, Other, See Remarks, Reserve Fund Contributions

Room Dimensions

Type	Level	Dimensions
4pc Bathroom	Main level	5' x 8'
Bedroom	Main level	9'0'' x 10'0''
3pc Ensuite bath	Main level	4'10'' x 7'5''
Bedroom	Main level	9'9'' x 9'9''
3pc Ensuite bath	Main level	5'0'' x 8'10''
Primary Bedroom	Main level	7'0'' x 9'9''
Living room	Main level	11'0'' x 10'0''
Kitchen	Main level	11'0'' x 14'9''

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Nearby Places

Name	Type	Address	Distance
Aberdeen Hall Preparatory School	School	950 Academy Way	0.7 km
Aberdeen Hall	Located in Kelowna, British Columbia, Canada, it d...		0.7 km
Express Gift Baskets	Bakery	445 Neave Ct	0.8 km
Bounty Cellars Winery	Food	Suite 7-364 Lougheed Rd	0.9 km
University of British Columbia Okanagan	Home to approximately 8,410 undergraduate and grad...		1.1 km
Tim Hortons	Cafe	3333 University Way	1.2 km
Growers Supply Co Ltd	Food	2605 Acland Rd	1.2 km
Booster Juice	Restaurant	3333 University Way	1.2 km
The University of British Columbia	University	3333 University Way	1.3 km
Tim Hortons	Cafe	3491 Sexsmith Rd	1.5 km
Subway	Restaurant	HWY 97 N	1.6 km
Okanagan Pizza	Restaurant	3699 Hwy 97 N #104	1.7 km

Similar Condos Stat in Kelowna

We have found 6 Condos that closely match the specifications of the property located at 625 Academy Way Unit Ph 11 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 399,000 and 477,500, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the V1V0E3 postal code area of Kelowna British Columbia Canada.

625 Academy Way Unit Ph 11 mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 625 Academy Way Unit Ph 11. The current price of the property is $619,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $495,920. This would result in a monthly mortgage payment of $2,899 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	45
Bachelor's degree	225
University / Above bachelor level	10
University / Below bachelor level	40
Certificate of Qualification	85
College	375
University degree at bachelor level or above	320

Neighbourhood Marital Status Stat

Married	1280
Widowed	50
Divorced	110
Separated	55
Never married	615
Living common law	280
Married or living common law	1565
Not married and not living common law	825

Neighbourhood Construction Date

1961 to 1980	120
1981 to 1990	50
1991 to 2000	150
2001 to 2005	325
2006 to 2010	270
1960 or before	10

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