116-883 Academy Way

Reid's Corner | No City Value

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Sold for $545,000

Listed $559,000

Apr 10, 2023

39 days on market
3 bed
3 bath
962 sqft
1 parking
$567/mo strata fees
Condominium
to see sold details

Description

INVESTOR ALERT!! Great revenue potential with this 3 bedroom, 3 bathroom condo just 7 minutes from campus at the sought after U Two building. Well laid out for 3 students, each with their own bedroom and bathroom, 2 bedrooms with their own private 3 piece en suites. Upgraded full size washer and dryer purchased in 2021. Walking distance to UBCO Campus, restaurants, shopping and transit make this a highly sought after location for students. Close to Kelowna International Airport, golf courses and beaches. Rentals currently achieving some of the highest rates in Kelowna with near zero vacancy rates. Fantastic opportunity to rent this year round. All interior furnishings included.

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MLS#
R2756693
Property Taxes
$2,345 per year / $195 per month
Strata Fees
$567 per month
Basement
None
Windows Facing
-
Year Built
2016
Type
Condominium
Bedrooms
3 Full
Bathrooms
3 Full
Pet Rules
Size Limit | Cats OK
Parking Spots
1
Parking Types
-
Floor
-
Storeys (Above Ground)
One
Outdoor Area
-
Balcony
Balcony (Terrace)
Pool
-
External Material
Wood Siding | Brick | Other
Roof Type
Asphalt
Lot Frontage
-
Lot Depth
-
Internal Area
962 sqft
Cooling System
Central Air
Heating System
Electric
Laundry
In Unit
Has Fireplace
No
Locker
None
Flooring
-

Building amenities

  1. Elevator(s)

Room dimensions

Note: Furniture shown for scale. Room dimensions provided by listing brokerage.

Main Level

Kitchen
14.9 x 12.2 ft
Kitchen
Stove
Living Room
11.6 x 13.2 ft
Living Room
3-person sofa (7ft)
Primary Bedroom
9.9 x 9.7 ft
Master Bedroom
Queen Bed
Bedroom
9.9 x 9.6 ft
Bedroom
Queen Bed
Bedroom
9.4 x 12.7 ft
Bedroom
Queen Bed
Other
21.8 x 6.8 ft
Other
Desk
See more home facts

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116-883 Academy Way | Reid's Corner

Demographics

Population

9,298

Population change

27.6%

Density (per km²)

278.8

Ownership type

Age

Family type

Commute time

North Glenmore Elementary
125 Snowsell St North Kelowna Bc V1V 2E3
Kindergarten - Elementary
Grade JK - 5
50 min walk 2.7km away
Dr Knox Middle School
121 Drysdale Blvd Kelowna Bc V1V 2X9
Middle - Secondary
Grade 6 - 12
51 min walk 2.7km away
Aberdeen Hall Preparatory School
950 Academy Way Kelowna Bc V1V 3A4
Kindergarten - Elementary
Grade JK - 5
2 min walk 0.1km away
Studio 9 Independent School of the Arts
1180 Houghton Rd Kelowna Bc V1X 2C9
Kindergarten - Secondary
Grade JK - 12
88 min walk 4.7km away
Okanagan Montessori Elementary School
3439 East Kelowna Rd Kelowna Bc V1W 4H1
Kindergarten - Elementary
Grade JK - 5
139 min walk 7.4km away
St Joseph Elementary School
839 Sutherland Ave Kelowna Bc V1Y 5X4
Kindergarten - Middle
Grade JK - 8
159 min walk 8.5km away
KLEOS Open Learning (DL)
205-251 Lawrence Ave Kelowna Bc V1Y 6L2
Kindergarten - Secondary
Grade JK - 12
165 min walk 8.8km away
MLS® Listing
R2756693
Brokerage
FaithWilson Christies International Real Estate