Space
Finished area and layout
- Living Area
- 870 sqft
- Bedrooms
- 3
- Bathrooms
- 3
+12 more
3
Bedrooms
3
Bathrooms
870 sqft
Living Area
2015
Year Built
1
Parking
Property Snapshot
Key details for this listing
MLS #10402872
Property
Type, style and structure
- Type
- residential
- Style
- single family / Condo Apt
- Ownership
- Condo/Strata
- Stories
About This Property
This 3-bedroom, 3-bathroom single family in Kelowna offers 870 sqft of living area. Built in 2015, 1 storey. The home features vinyl flooring, forced air, electric heating, central air conditioning. Monthly condo fee of $391.36.
MLS Remarks
Three bedrooms, three bathrooms, and a location that keeps renters coming. This 870 square foot condo at U ONE on Academy Way is less than a 10 minute walk from UBCO, in a rental pocket that keeps proving its strength.Even as Kelowna has added plenty of new rental apartment inventory in recent years, the University District has held onto high rents and low vacancy. That's the kind of demand investors like to see. The layout works beautifully for shared living: two bedrooms have private 3-pcs ensuites, and the third has a full 3-pcs path just across the hall. Add in-suite laundry, luxury vinyl plank flooring and a north-facing patio, plus one underground parking stall. Built in 2015, the building is well maintained, with a composite board exterior and brick accents. The suite shows some wear, which gives a new owner the chance to freshen it up over time and add value. Currently tenanted on a fixed term through the school year, it's an income-producing hold from day one. Investors, this is a straightforward addition to a portfolio. Parents, this is a chance to secure a home for your student for next year, without the scramble. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Google search University District Kelowna to learn more about this fantastic location to invest. (id:60351)
Full Listing Details
Address935 Academy Way Unit# 105
MLS#10402872
Listing StatusActive
Property TypeResidential
Sub-TypeSingle family
TransactionSale
Days on Market18
Common InterestCondo/Strata
Annual Tax$2,871
Condo Fee$391/mo
Parking1
Parking TypeUnderground, Parkade
Structure TypeApartment
AttachedAttached
StyleCondo Apt
Year Built2015
Bedrooms3
Bathrooms3
Living Area870 sqft
Stories1
CityKelowna
ProvinceBritish Columbia
Postal CodeV1V3C9
Lot FeaturesOne Balcony
Total Parking1
Parking FeaturesUnderground, Parkade
HeatingForced air, Electric
CoolingCentral air conditioning
FlooringVinyl
RoofOther, Unknown
ExteriorBrick, Other
ViewMountain view, Valley view, View (panoramic)
SecuritySprinkler System-Fire
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$2,871
Condo Fee$391/mo
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