625 Academy Way Unit# Ph11, Kelowna
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:1945)
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Property details for 625 Academy Way Unit# Ph11, Kelowna
- Type
- Apartment
- Style
- Contemporary
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 931 square feet
- Stories
- 4
- Parking
- Underground, Parkade, Heated Garage
- Heating
- Heat Pump, Forced air, Electric
- Cooling
- Central air conditioning
- Ownership
- Condo/Strata
- Annual Taxes
- $3,065
- Condo Fee
- $363 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 625 Academy Way Unit# Ph11
Active Listings
21
Min Price
$489,999
Max Price
$2,675,000
Avg Price
$855,557
Days on Market
117
days
Sold Listings
5
Min Sold Price
$474,999
Max Sold Price
$1,300,000
Avg Sold Price
$713,760
Days until Sold
134
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
June 18, 2026
by Canada Flex Realty Group Ltd.
Current Price
$498,000
Type
Apartment
For Sale
