775 Academy Way Unit# 207
Kelowna, BC V7V0A5
$443,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Strata / maintenance fee
- $266/mo
- Annual property tax
- $2,657.52
Maintenance Fee Includes
Also included: Ground Maintenance, Reserve Fund Contributions
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Flooring
- Laminate, Mixed Flooring
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Covered
Restrictions & Policies
- Pets
- 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 |
|---|---|---|
| Bedroom | Main level | 9'10'' x 11' |
| Primary Bedroom | Main level | 16'2'' x 9'11'' |
| 4pc Ensuite bath | Main level | — |
| 3pc Bathroom | Main level | — |
| Dining room | Main level | 9'3'' x 4'1'' |
| Kitchen | Main level | 11'2'' x 6'6'' |
| Living room | Main level | 9'11'' x 13'11'' |
Listing Information
- MLS®
- 10372852
- Listed
- January 14, 2026
- Time on market
- On the market for 229 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
Solid investment | Turnkey Living at U Three at UBCO This exceptional 2 bedroom, 2 bathroom condo at U Three offers a rare blend of privacy, functionality and long-term value in one of Kelowna's most desirable rental markets. Located just steps from UBCO, public transit and minutes to Kelowna International Airport, this is an ideal opportunity for investors, parents of students, or owner-occupiers seeking convenience and strong demand. The thoughtfully designed layout features bedrooms separated for maximum privacy - perfect for roommates or quiet study time. The open-concept living, kitchen, and dining area is larger than many comparable two-bedroom units in the complex, offering excellent flow and everyday comfort. Modern finishes include durable vinyl plank flooring, stainless steel appliances, and convenient in-suite laundry. Forced air heating and cooling ensure year-round comfort. Situated on the quiet side of the building, this home enjoys excellent natural light and a peaceful setting. (id:63159)
Values & Trends
This listing
$549/sqft
Building average
—
No other active listings in this building
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
15°C
Clear
Humidity 76%
Wind NNW 4 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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Aberdeen Hall Preparatory School(Independent) | K-12 | 378 m |
| North Glenmore Elementary | Elementary | 2.7 km |
| Dr Knox Middle School | Middle | 2.7 km |
| Ellison Elementary | Elementary | 3.3 km |
| Pearson Road Elementary | Elementary | 3.7 km |
| Rutland Middle School | Middle | 3.9 km |
| Rutland Senior Secondary | Elementary | 4.1 km |
| Rutland Elementary | Elementary | 4.1 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.
Nearby Places
Gyms (1)
- Hangar Fitness and Wellness Centre721 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,150) — 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.