625 Academy Way Unit# PH25
Kelowna, BC V1V0E3
$574,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $372/mo
- Annual property tax
- $2,884.34
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
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 Ensuite bath | Third level | 7'4'' x 6'7'' |
| Primary Bedroom | Third level | 12'11'' x 11'11'' |
| 3pc Ensuite bath | Third level | 8'10'' x 9' |
| Bedroom | Third level | 13'2'' x 9'5'' |
| 4pc Bathroom | Third level | 5' x 8' |
| Bedroom | Third level | 8'10'' x 12'7'' |
| Living room | Third level | 11'4'' x 13'9'' |
| Kitchen | Third level | 12'2'' x 13' |
Listing Information
- MLS®
- 10376274
- Listed
- March 2, 2026
- Time on market
- On the market for 182 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Vernon · Data source: CREA DDF.
Description
Welcome to U8 in the highly sought-after University District at UBCO — a bright and spacious 3-bedroom, 3-bathroom corner residence thoughtfully designed for comfort and functionality. The smart layout is ideal for student living or shared accommodations, featuring two bedrooms with their own private 3-piece ensuite and a third bedroom conveniently located across from a full bathroom. Large windows in every bedroom and its corner positioning allow for an abundance of natural light throughout the open-concept living space. The modern kitchen flows seamlessly into the dining and living areas, creating a practical and inviting atmosphere. Recent updates include new flooring along with a new washer and dryer, enhancing both comfort and long-term value. The home also includes one secured underground parking stall. Located just steps from UBCO campus, the fitness centre, restaurants, shopping, trails, and transit, this property sits in one of the city’s most reliable rental markets. With strong and consistent demand in the area, it presents an excellent turnkey investment opportunity as well as a smart purchase in a prime university location. (id:63159)
Values & Trends
This listing
$595/sqft
Building average
$806/sqft
3 active listing(s)
University District average
$514/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 | 662 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
$498,000
625 Academy Way Unit# PH11, Kelowna
$363/mo maintenance
$299,900
625 Academy Way Unit# 203, Kelowna
$121/mo maintenance
$290,000
625 Academy Way Unit# 103, Kelowna
$121/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,490) — 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.