$519,900
775 Academy Way Unit# 301
Beds
3
Baths
3
Sqft
—
Year
2017
About this home
This stunning 3-bedroom, 3-bathroom mountain-view unit at U-THREE offers a perfect blend of comfort and investment potential. West-facing with a spacious patio, it's ideal for enjoying morning sunrises and outdoor breakfasts. Featuring a modern open-concept layout, the home includes a sleek contemporary kitchen, stainless steel appliances, easy-care vinyl plank flooring, in-suite laundry, and a high-efficiency heating and cooling system. It comes with one underground parking stall and is currently tenanted. Perfectly situated within walking distance of UBCO, shopping area, and Aberdeen Hall private school, this exceptional property offers an ideal environment for your children's future university endeavors or serves as an excellent investment opportunity with its potential for lucrative monthly rental income. Please note that all measurements provided are approximate, please verify them if deemed important. 2 cats or 1 dog allowed. (id:65958)
- Subtype
- Single Family
- MLS#
- 10383267
- Area
- KELOWNA
Cash on cash
-12.12%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,705
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.