Property Type: Condo / ApartmentOwnership: Strata

935 Academy Way Unit# 117

Kelowna, BC V1V3C9

$539,000

3 bed3 bath1 parking878 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$391/mo
Annual property tax
$2,840.39

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Laminate

Exterior & Lot

Exterior features
Brick, Other

Building

Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level11'10'' x 8'9''
Living roomMain level15'5'' x 12'3''
KitchenMain level9'3'' x 14'4''
BedroomMain level9'1'' x 9'5''
BedroomMain level9'2'' x 9'5''
4pc BathroomMain level8'11'' x 6'
3pc Ensuite bathMain level5'4'' x 8'1''
3pc Ensuite bathMain level5'4'' x 8'1''

Listing Information

MLS®
10386726
Listed
May 12, 2026
Time on market
On the market for 111 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Welcome to #117-935 Academy Way, a fantastic opportunity to own in one of Kelowna’s most sought-after university communities. Located just steps from University of British Columbia Okanagan, this well-maintained condo is ideal for students, first-time buyers, parents purchasing for their university-aged children, or investors seeking strong and reliable rental potential. This bright and functional unit features a thoughtfully designed open-concept layout with modern finishes and plenty of natural light, creating a comfortable and low-maintenance living space. Enjoy the convenience of being close to Kelowna International Airport, Airport Village, shopping, restaurants, golf courses, and public transit. Whether you're looking for a turnkey investment property or a convenient place to call home, #117-935 Academy Way offers exceptional value and long-term potential in a prime location near UBCO. (id:63159)

Values & Trends

This listing

$614/sqft

Building average

$603/sqft

1 active listing(s)

University District average

$513/sqft

40 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

Clear

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

22

5/9 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

SchoolTypeDistance
Aberdeen Hall Preparatory School(Independent)K-12184 m
North Glenmore ElementaryElementary2.7 km
Dr Knox Middle SchoolMiddle2.8 km
Ellison ElementaryElementary3.3 km
Pearson Road ElementaryElementary4.0 km
Rutland Middle SchoolMiddle4.2 km
Watson Road ElementaryElementary4.3 km
Rutland Senior SecondaryElementary4.3 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 (4)

  • Sunshine575 m
  • Rocket613 m
  • Fusion Express784 m
  • Koi Sushi791 m

Cafes (3)

  • Tim Hortons · 3287 University Way674 m
  • Starbucks714 m
  • Comma730 m

Parks (1)

  • Central Courtyard618 m

Gyms (1)

  • Hangar Fitness and Wellness Centre479 m

Banks & ATMs (1)

  • RBC778 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,200.00
Periodic payment — Principal & Interest (monthly)$2,781.96
Additional monthly expenses (strata, tax, utilities, etc.)$672.06
Total monthly cost$3,454.02
Interest paid over 5-yr term$123,583.16
Balance at end of term$387,865.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,922.49

Cash Needed at Closing

Minimum down payment$28,900
Estimated BC PTT$8,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,180

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.

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