625 Academy Way Unit# 203, Kelowna
FULLY FURNISHED WITH TENANT IN PLACE! Welcome to U-Eight, one of the premier condominium communities on Academy Way, situated just steps from the UBCO campus. With a tenant already in place, this stylish studio offers immediate, hassle-free revenue from day one. It is a prime turn-key opportunity for savvy investors targeting one of the Okanagan’s strongest rental markets, or forward-thinking parents securing a low-maintenance home for a future student. The smart and efficient layout maximizes every square foot, featuring a full kitchen equipped with a fridge, stove, and dishwasher, along with convenient in-suite laundry and a dedicated workspace ideal for studying or remote work. The contemporary bathroom offers a walk-in shower, while the private patio provides a quiet outdoor retreat to relax and unwind. Residents also enjoy access to dedicated on-site study rooms designed to support student success and productivity. Located in the highly desirable University District, this property puts you minutes from campus, public transit, Kelowna International Airport, championship golf courses, scenic trails, shopping, and dining. Whether expanding your investment portfolio or securing a property in a rapidly growing community, this turn-key studio delivers outstanding long-term value and effortless ownership. (id:1945)
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Property details for 625 Academy Way Unit# 203, Kelowna
- Type
- Apartment
- Style
- Contemporary
- Bathrooms
- 1
- Living Area
- 314 square feet
- Stories
- 1
- Parking
- Stall
- Heating
- Electric
- Cooling
- Central air conditioning
- Ownership
- Condo/Strata
- Annual Taxes
- $1,517
- Condo Fee
- $121 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 625 Academy Way Unit# 203
Active Listings
9
Min Price
$70,000
Max Price
$2,750,000
Avg Price
$1,018,200
Days on Market
44
days
Sold Listings
3
Min Sold Price
$229,000
Max Sold Price
$689,900
Avg Sold Price
$432,967
Days until Sold
64
days
Neighbourhood Census Data
Kelowna, British Columbia / Colombie-Britannique
Population
2,693
Median Age
43.1
Median Income
$37,824
Dwelling Value
$557,743
Housing Tenure
Owners 70%
Renters 30%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 140.4/km²
Avg Shelter Cost: $1,550/mo
Owners with Mortgage: 63.5%
Owners Spending 30%+: 22.4%
Tenants Spending 30%+: 43.2%
English only: 93.3%
English and French: 5.9%
Neither: 0.7%
Median Household Income: $82,208
Median Employment Income: $27,878
Price History
Listed
August 20, 2026
by Realty One Real Estate Ltd
Current Price
$299,900
Type
Apartment
For Sale
