$299,000
695 Academy Way Unit# 119
Beds
0
Baths
1
Sqft
—
Year
2018
Type
Single Family
Suite
Suite potential
Location 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.
About this home
Furnished studio condo built for student living at U6 in the University District, offering a smart investment opportunity. Buy for your student and pay yourself, or secure a solid rental. Currently tenanted through April 2026. Quiet setting just minutes from campus, this bright condo offers a comfortable place to unwind and recharge. Efficient floorplan with modern appliances including fridge, stove, microwave, dishwasher, plus in-suite laundry for everyday ease. A spacious patio with valley views extends the living space outdoors and adds welcome breathing room. One parking stall included, along with a guest parking pass. Located minutes from UBCO and well suited for a student or faculty member. Close to YLW for frequent travel, with Nester’s Market, restaurants, shops, golf courses, and the Kelowna Family Y all nearby. (id:65958)
- Subtype
- Single Family
- Structure
- Apartment
- Community
- University District
- Common interest
- Condo/Strata
- Living area
- 307 square feet
- Parking
- 1 total
- Condo/HOA fee
- $135.54 monthly
- Stories
- 1
- On market
- Nov 25, 2025
- Status changed
- Apr 20, 2026
- Annual tax
- $1,429.17
- Photos
- 32
- MLS#
- 10369194
- Area
- KELOWNA
Features and systems
Appliances
Heating
Cooling
Community
Cash on cash
-7.58%
Cap rate
3.35%
GRM
16.6
Break-even rent
$1,898
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: 4.5% rate, 30-year amortization, 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 20, 2026.