883 Academy Way Unit# 116
Kelowna, BC V1V0A3
$576,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $492/mo
- Annual property tax
- $2,782.37
Interior
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling / A/C
- Wall unit, Heat Pump
- Fireplace
- None
Exterior & Lot
- Exterior features
- Brick, Other
Building
- Roof
- Other, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Parkade
Restrictions & Policies
- Pets
- Restrictions apply, 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 | 6'10'' x 21'9'' |
| Foyer | Main level | 4'9'' x 9'8'' |
| 4pc Ensuite bath | Main level | — |
| Bedroom | Main level | 9'11'' x 9'8'' |
| 3pc Ensuite bath | Main level | — |
| Bedroom | Main level | 9'11'' x 9'9'' |
| Full ensuite bathroom | Main level | 7'' |
| Primary Bedroom | Main level | 9'5'' x 12'7'' |
| Living room | Main level | 11'9'' x 16'1'' |
| Kitchen | Main level | 9'6'' x 9'11'' |
Listing Information
- MLS®
- 10379236
- Listed
- March 12, 2026
- Time on market
- On the market for 172 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Welcome to a home designed to adapt to the way you live. Whether you're searching for a beautiful place to call home, buying for a university student, or looking for an investment with exceptional flexibility, this three bedroom, three bathroom residence offers opportunities few homes can match. Thoughtfully designed for privacy, where two bedrooms enjoy its own full ensuite. The third bedroom has a full bath in close proximity, making it ideal for guests, independent living, or shared acommodation. The bright, open-concept kitchen is the heart of the home, featuring quartz countertops, stainless steel appliances, a large island with breakfast bar seating, and an inviting living area where everyone naturally comes together. Step outside to an oversized covered patio measuring more than 21 feet in length. Whether you're enjoying your morning coffee, relaxing after class, entertaining friends, or simply taking in the mountain and valley views, this exceptional outdoor space becomes a natural extension of the home. Sold fully furnished and move-in ready, the home also offers in-suite laundry, secure underground parking, and a first-floor location that provides convenient access while still enjoying an elevated outlook. Located just minutes from UBCO, Kelowna International Airport, shopping, restaurants, and transit, this home offers the flexibility to live in, share with others, or create an outstanding investment for years to come. (id:63159)
Values & Trends
This listing
$623/sqft
Building average
$600/sqft
1 active listing(s)
University District average
$513/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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
4/9 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 | 243 m |
| North Glenmore Elementary | Elementary | 2.7 km |
| Dr Knox Middle School | Middle | 2.8 km |
| Ellison Elementary | Elementary | 3.3 km |
| Pearson Road Elementary | Elementary | 3.9 km |
| Rutland Middle School | Middle | 4.1 km |
| Rutland Senior Secondary | Elementary | 4.2 km |
| Rutland Elementary | Elementary | 4.3 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
Restaurants (2)
- Sunshine640 m
- Rocket668 m
Cafes (3)
- Tim Hortons · 3287 University Way740 m
- Starbucks788 m
- Comma798 m
Parks (1)
- Central Courtyard687 m
Gyms (1)
- Hangar Fitness and Wellness Centre551 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,600) — 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.