625 Academy Way Unit# 103
Kelowna, BC V1V0E3
$290,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $121/mo
- Annual property tax
- $1,439
Interior
- Heating
- Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Flooring
- Vinyl
Exterior & Lot
- Exterior features
- Other
Building
- Roof
- Other, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Stall
Restrictions & Policies
- Pets
- Not allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| Bedroom - Bachelor | Main level | 20'0'' x 10'0'' |
Listing Information
- MLS®
- 10380565
- Listed
- March 31, 2026
- Time on market
- On the market for 153 days
- Data last synced
- August 28, 2026
Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.
Description
Affordable, Turn-Key Living Just Minutes from UBCO! Why rent when you can own? Arguably the best studio suite, south facing and one of the largest patios in the building. This stylish and fully furnished studio offers an ideal solution for students, parents, or savvy investors. Located in one of the newer, well-managed buildings near UBCO, this unit is move-in ready and packed with value. With a massive patio! The smart, efficient layout maximizes space, and the modern furnishings make settling in a breeze. Perfectly situated close to the university, airport, recreation, shopping, restaurants, and transit—everything you need is just steps away. Whether you’re buying for your university-bound child or looking for a low-maintenance, high-convenience home base, this is a rare opportunity in an unbeatable location. A true gem at an incredible price! (id:63159)
Values & Trends
This listing
$929/sqft
Building average
$695/sqft
3 active listing(s)
University District average
$505/sqft
40 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
12°C
Clear
Humidity 88%
Wind ENE 5 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
144,576
(2021 Census)
+13.5% since 2016
Density: 682.4/km²
Dwellings: 67,115
Median household income: $82,000
After-tax: $73,500
Immigrant population: 15.3%
Top countries of origin (% of total population)
- United Kingdom2.1% · 3,055
- India1.6% · 2,335
- Philippines1.1% · 1,620
- Germany1.1% · 1,540
- United States of America1% · 1,375
- China0.7% · 960
- Poland0.4% · 585
- South Africa, Republic of0.4% · 525
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Aberdeen Hall Preparatory School(Independent) | K-12 | 668 m |
| Dr Knox Middle School | Middle | 2.6 km |
| North Glenmore Elementary | Elementary | 2.7 km |
| Pearson Road Elementary | Elementary | 3.4 km |
| Ellison Elementary | Elementary | 3.4 km |
| Rutland Middle School | Middle | 3.6 km |
| Rutland Senior Secondary | Elementary | 3.8 km |
| Rutland Elementary | Elementary | 3.8 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Central Okanagan (SD23)
Other Listings in This Building
Other units currently listed in the same building. 625 Academy Way
$574,900
625 Academy Way Unit# PH25, Kelowna
$372/mo maintenance
$498,000
625 Academy Way Unit# PH11, Kelowna
$363/mo maintenance
$299,900
625 Academy Way Unit# 203, Kelowna
$121/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.