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New buildInvestment signal

$759,900

610 Academy Way Unit# 125

Beds

3

Baths

4.1

Sqft

Year

2025

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

MOVE-IN READY! Please note: this home features the OMEGA, White colour scheme, while photos shown reflect the SIGMA, Light scheme. Welcome to Academy Ridge’s most spacious and versatile floor plan, thoughtfully designed with both everyday living and income potential in mind. This 3-bedroom + den townhome offers a rare opportunity with a self-contained lower-level space complete with a private entrance, ideal for student accommodation, a boarding room, or a third bedroom setup. Spanning three levels, the upper two floors are dedicated to the main living area, while the lower level provides flexible options to suit your needs. The main floor is bright and open, featuring a modern kitchen with quartz countertops, a large island, tile backsplash, stainless steel appliances, and direct access to a BBQ deck, plus a convenient powder room. Upstairs, you’ll find two bedrooms and a full-sized den, including a spacious primary suite with a walk-in closet and a 4-piece ensuite. Complete with a double car garage, central A/C, window coverings, and a full New Home Warranty, this home delivers exceptional value and flexibility. Whether you’re looking to maximize rental income or enjoy the entire space for yourself, this one gives you options. (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
University District
Common interest
Condo/Strata
Living area
1,960 square feet
Parking
2 total
Condo/HOA fee
$322.64 monthly
Stories
3
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Annual tax
$4,231.31
Photos
44
MLS#
10383889
Area
KELOWNA

Features and systems

Parking

Attached Garage

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Flooring

TileCarpetedVinyl

Roof

OtherUnknown

Lot

Central islandOne Balcony

Community

Pets Allowed

Fee includes

Property ManagementGround MaintenanceWaterInsuranceOther, See RemarksReserve Fund Contributions
Negative cash flow ~$1,498/mo at these assumptions

Cash on cash

-11.83%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,377

Financing

Down payment$151,980
Loan amount$607,920
Mortgage$3,730/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$348
Insurance$80
Maintenance$633
CapEx reserve$317
Vacancy loss$190

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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,730/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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