935 Academy Way Unit# 105, Kelowna, British Columbia

About 935 Academy Way Unit# 105

Three bedrooms, three bathrooms, and a location that keeps renters coming. This 870 square foot condo at U ONE on Academy Way is less than a 10 minute walk from UBCO, in a rental pocket that keeps proving its strength.Even as Kelowna has added plenty of new rental apartment inventory in recent years, the University District has held onto high rents and low vacancy. That's the kind of demand investors like to see. The layout works beautifully for shared living: two bedrooms have private 3-pcs ensuites, and the third has a full 3-pcs path just across the hall. Add in-suite laundry, luxury vinyl plank flooring and a north-facing patio, plus one underground parking stall. Built in 2015, the building is well maintained, with a composite board exterior and brick accents. The suite shows some wear, which gives a new owner the chance to freshen it up over time and add value. Currently tenanted on a fixed term through the school year, it's an income-producing hold from day one. Investors, this is a straightforward addition to a portfolio. Parents, this is a chance to secure a home for your student for next year, without the scramble. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Typically near zero vacancy in the area, a solid cap rate and potential for strong cash-on-cash yield. Google search University District Kelowna to learn more about this fantastic location to invest. (id:6289)

More Info on this University District Apartment MLS® listing

935 Academy Way Unit# 105 is an apartment listing for sale in Kelowna. The MLS® number is 10402872. It was built in 2015, features 3 bedrooms, 3 bathrooms and covers 870 square feet. It's currently listed for $474,900. For more details on MLS® 10402872, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This apartment listing in University District is available now!

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Have a similar home to 935 Academy Way Unit# 105? If you’re thinking about selling your University District apartment property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kelowna property.

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