725 Academy Way Unit# 211
Kelowna, BC V1V0B4
$494,999
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $359/mo
- Annual property tax
- $2,750
Maintenance Fee Includes
Also included: Ground Maintenance, Other, See Remarks, Reserve Fund Contributions, Sewer
Interior
- Heating
- Heat Pump, Electric
- Cooling / A/C
- Central air conditioning, Heat Pump
- Fireplace
- None
- Flooring
- Laminate
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Parkade
Restrictions & Policies
- Pets
- Allowed, Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 21'0'' x 7'0'' |
| Foyer | Main level | 3'10'' x 9'8'' |
| Laundry room | Main level | 3'10'' x 3'2'' |
| 4pc Bathroom | Main level | 6'10'' x 8'1'' |
| 3pc Ensuite bath | Main level | 7'9'' x 5'7'' |
| Bedroom | Main level | 10'0'' x 9'8'' |
| 3pc Ensuite bath | Main level | 7'9'' x 5'5'' |
| Bedroom | Main level | 9'6'' x 9'11'' |
| Primary Bedroom | Main level | 9'7'' x 12'10'' |
| Living room | Main level | 11'5'' x 9'10'' |
| Dining room | Main level | 10'4'' x 6'8'' |
| Kitchen | Main level | 9'7'' x 9'9'' |
Listing Information
- MLS®
- 10385001
- Listed
- April 27, 2026
- Time on market
- On the market for 126 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Don't miss this 'Move-in Ready' Prime 3 Bed 3 Bath Fully Furnished 'Turn Key' 2nd floor quiet condo at the popular student housing area within walking distance to UBCO - Welcome to #211 - 725 Academy Way! Located just South of UBC Okanagan at U-Five in the University District – a thriving off-campus neighborhood where students can work, live and play. This beautiful and well appointed condo includes 915 sq. ft of living space with a 21 Ft covered deck overlooking the serene garden area on the quiet side of the building! The Kitchen features two-tone kitchen cabinets, island to prepare and dine at, with stainless-steel appliances, and all dishes and linens, that opens onto the living room with access to the outdoor patio (allows bbqs). Complete with in-suite laundry and a bathroom for each bedroom (two private en-suites and a third stand-alone bathroom). The University District offers direct access to restaurants, breweries, shopping, public transit, Kelowna International Airport, Bear and Quail Golf Courses, and Okanagan Rail Trail. This is an excellent opportunity to own if a family member attends UBCO, or you are looking for an great investment. Rentals are allowed, with restrictions (min. 30 days - Estimating $3,200 - $3,500 / month.) and pets are also allowed with restrictions (up to two dogs, or two cats, or one dog and one cat). 1 extra long secure Parkade stall allows for 2 smaller cars to be parked 'tandem', located close to the elevator. Vacant. (id:63159)
Values & Trends
This listing
$541/sqft
Building average
$531/sqft
1 active listing(s)
University District average
$515/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 | 499 m |
| Dr Knox Middle School | Middle | 2.7 km |
| North Glenmore Elementary | Elementary | 2.7 km |
| Ellison Elementary | Elementary | 3.3 km |
| Pearson Road Elementary | Elementary | 3.6 km |
| Rutland Middle School | Middle | 3.8 km |
| Rutland Senior Secondary | Elementary | 4.0 km |
| Rutland Elementary | Elementary | 4.0 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,750) — 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.