Property Type: Condo / ApartmentOwnership: Strata

975 Academy Way Unit# 216

Kelowna, BC V1V3C8

$479,000

2 bed2 bath1 parking944 sqftBuilt 2013
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Stories
1
Lot size
1 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$452/mo
Annual property tax
$2,572.89

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump
Cooling / A/C
Central air conditioning
Fireplace
None

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

RoomLevelDimensions
FoyerMain level7' x 7'6''
BedroomMain level9'4'' x 12'6''
DenMain level8'3'' x 9'4''
Full bathroomMain level6'9'' x 5'8''
4pc Ensuite bathMain level7' x 9'
Primary BedroomMain level10' x 11'
Living roomMain level13' x 17'
KitchenMain level10' x 11'

Listing Information

MLS®
10386769
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

BRIGHT CORNER UNIT - COMES FULLY FURNISHED! Second floor corner unit. Convenient walk out to sidewalk or patio access. Larger than many other 2bed plus den plans. Large windows for plenty of natural light. Closest building to the university for walking convenience! This 2 bedroom, 2 bathroom plus den (presently used as a 3rd bedroom) corner unit has plenty of room with its open concept living room and kitchen. Head out to the balcony to relax and take in nature., Stainless steel appliances and the in unit stacking washer & dryer, Academy Hill is located next to UBCO which makes it a great location for students or a great investment property to rent to students. 15 minutes walk from the condo to University Centre, This building even has a convenience store, liquor store, restaurants on the main floor, Plenty of parking for visitors. There is secure underground parking and a storage locker, Pets are welcome. Breed restrictions. Please see bylaws. (id:63159)

Values & Trends

This listing

$507/sqft

Building average

No other active listings in this building

University District average

$516/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

26

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 ElementaryElementary2.8 km
Dr Knox Middle SchoolMiddle2.9 km
Ellison ElementaryElementary3.3 km
Pearson Road ElementaryElementary4.1 km
Rutland Middle SchoolMiddle4.3 km
Watson Road ElementaryElementary4.4 km
Rutland Senior SecondaryElementary4.4 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 (5+)

  • Sunshine479 m
  • Rocket527 m
  • Fusion Express682 m
  • Koi Sushi688 m
  • Picnic708 m

Cafes (4)

  • Tim Hortons · 3287 University Way575 m
  • Starbucks610 m
  • Comma631 m
  • J's Cafe and Bistro697 m

Parks (1)

  • Central Courtyard519 m

Gyms (1)

  • Hangar Fitness and Wellness Centre378 m

Banks & ATMs (1)

  • RBC676 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,200.00
Periodic payment — Principal & Interest (monthly)$2,472.28
Additional monthly expenses (strata, tax, utilities, etc.)$713.01
Total monthly cost$3,185.28
Interest paid over 5-yr term$109,826.22
Balance at end of term$344,689.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,499.18

Cash Needed at Closing

Minimum down payment$23,950
Estimated BC PTT$7,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,030

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.

Request more information