$425,000 Sale

Listed 59 days ago

881 Academy Way Unit# 312

MLS® 10397811 Condo Apt

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 2

Baths · 2.0

Parking · 1

Sqft · 822

Est. mortgage

$1,623/mo

Maintenance Fee

$434.15/mo

Key Facts

Key facts for 881 Academy Way Unit# 312

Property Type

Condo

Parking

Garage: No, 1 parking

MLS #

10397811

Size

822 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

2016

Maintenance Fee

$434.15/mo

Description

Secure a property today that could pay you back for years to come. This fully furnished 2 bedroom, 2 bathroom corner unit with split floorplan just steps from UBCO offers the kind of investment opportunity that’s becoming increasingly difficult to find—strong rental demand, exceptional location, and... cash-flow-positive potential with reliable above-market rental income. Whether you’re growing your portfolio or securing future housing for a child attending university, this property offers immediate income potential while fully covering itself in the meantime. Built in 2016, this bright and functional 822 sq ft condo sits in one of the closest residential buildings to UBCO, making it highly desirable for students who value convenience and quick access to campus. In a market where vacancy can be a concern, this location continues to stand out with consistent rental demand year after year. The layout offers privacy with two bedrooms and two full bathrooms, ideal for roommates and maximizing rental appeal. As a corner unit, the space is filled with natural light, creating a bright, comfortable atmosphere throughout and a patio to enjoy the views. Being sold fully furnished means it’s ready to generate income immediately with minimal effort for the next owner. Beyond the university, residents enjoy quick access to the airport, shopping, golf courses, restaurants, and walking trails, adding even more long-term appeal for tenants and future resale value. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

2.0

Square Footage

822 sqft

Heating Source

Electric

Heating Type

Baseboard heaters

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Carpeted, Laminate

Bedrooms

Washrooms

2.0

Square Footage

822 sqft

Heating Source

Electric

Heating Type

Baseboard heaters

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Carpeted, Laminate

Exterior

Acreage

under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Acreage

under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Building Description

Home Type

Condo

Subtype

Condo Apt

Year Built

2016

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Smoke Detector Only

Home Type

Condo

Subtype

Condo Apt

Year Built

2016

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Smoke Detector Only

Community

University District

Area Code

Kelowna

Community

University District

Area Code

Kelowna

Taxes & Fees

Maintenance Fee

$434.15/mo

Maintenance Fee

$434.15/mo

Other

Virtual Tour Link

https://my.matterport.com/show/?m=E73fU44au5F

Virtual Tour Link

https://my.matterport.com/show/?m=E73fU44au5F

Room Types

3pc Bathroom

Dimensions 8'4'' x 5'1''

42.36 sqft

3pc Ensuite bath

Dimensions 9'2'' x 4'11''

45.07 sqft

Bedroom

Dimensions 12'4'' x 9'0''

111 sqft

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $425,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

Justin Baarts

Email: [email protected] Cell: 604.362.0097