309 - 985 Academy Way, Kelowna, BC | $549,900
Walk to campus in 5 minutes or less.
Are you or your child attending UBCO or Aberdeen Hall Preparatory School? Or are you looking for a great rental property? For students, living at Academy Hill means getting much of the benefit of living on campus without the drawbacks. Not to mention there simply is not enough space so less than 20% of UBCO students can be housed on campus (generally only 1st year students get accepted in residence).
On site restaurants and shops, and fantastic amenities nearby.
Academy Hill is the only building at University District Kelowna with on-site restaurants, a craft brewpub, a convenience store, liquor store, and medical office. You can also easily access on campus amenities; have a workout at The Hangar Fitness and Wellness Centre or the enjoy a coffee while studying at Starbucks. It’s just a short drive to the Rutland YMCA, arena, sport fields, and about 20-minutes to the beach at Okanagan Lake. There are numerous restaurants at the nearby Airport Village and a few right here on “the hill” within walking distance. Feel like getting active outdoors? Try riding your bike down to the Okanagan Rail Trail or go for a walk along one of several neighbourhood trails.
Fully equipped kitchen and in-suite laundry.
Let’s face it, food is expensive and… campus food is even more expensive. With a condo like this you can easily come home between classes and enjoy a healthy lunch or have some friends over for a dinner party and cook the best meal you’ve had since leaving home. This home has an abundance of cabinet and closet space, and even has in-suite laundry too. Upgrade from dorm life with your own condo at Academy Hill.
It’s more than just a home. It’s an investment.
Whether you’re a student/parent looking for the perfect apartment to call home while studying at UBCO or you’re looking to invest in a rental property, you’ll love this top-floor, 2-bedroom plus den, 2-bathroom apartment-style condo residence. It’s got style and function and everything you or your future tenant is looking for. It’s not just a home though, purchasing real estate here is a sound way to build a financial future.
The perfect layout for student life.
This condo residence features 2 bedrooms plus a den spacious enough for to accommodate 3 students, each with their own bed and study desk. The primary bedroom benefits from natural light through a large window and an 4-pcs ensuite while second bedroom is right across the hall from the 4-pcs. shared bathroom. The kitchen, dining area, and living room, flow one into the other in an open concept layout allowing you to stay connected with your roommates or guests while preparing meals, dining, and socializing. Compared to 3-bedroom homes in the “U buildings”, this floor plan offers a considerably roomier feel in those shared spaces which are also enhanced by the addition of a built-in desk space and a kitchen island. There is also generously sized balcony so you can experience Okanagan patio-life.
Get all the details on this condo residence.
Property Information
Bedrooms: 2 + den
Bathrooms: 2
Living Space: 856 SF
Patio: YES
Heating: Forced Air Furnace
Cooling: Central A/C
Year Built: 2013
Construction Type: Wood frame
Foundation: Concrete
Parking: Underground parking stall
Storeys: 3, above parkade
Exterior: Stucco and brick with timber accents
About The complex
Academy Hill was the first condominium complex built on Academy Way, by developer Highline Buildings and completed in 2014. it features 78 apartment-style condo residences in two buildings. Residences include 1-bedroom plus den (sleeps up to 2) and 2-bedroom plus den (sleeps up to 3) layouts and are sought after for their views of the surrounding Okanagan Valley and proximity to UBCO. One of the building also has a commercial level before the residential units which bring a variety of amenities to the community.
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Property Location
Viewing the property in person
Once you’re ready to take the next step towards a purchase you can schedule a live and in person viewing of this condo residence. It is important that we know in advance so to properly notify the current tenants. To book, please use our form to the right or have your preferred real estate professional contact Joshua Elliott of RE/MAX Kelowna at 250-212-2732.
Have more questions?
Keep scrolling for additional information and frequently asked questions. If you still have questions, would like us to send you specific information, or are ready to make an offer to purchase, please get in touch.
Listing REALTOR®: Joshua Elliott
Listing Brokerage: RE/MAX Kelowna
MLS#
Telephone: 250-212-2732
Email: joshua@universitydistrictkelowna.com
Regardless of why you are purchasing it makes dollars and sense.
For Investors
A solid investment opportunity awaits. University District Kelowna experiences near-zero vacancy throughout the academic year and many students will sign a 12-month lease due to the demand conditions. There are now more than 12,000 students enrolled at UBCO and only about 2,100 beds on campus. Current rental rates for 2-bedroom plus den apartments in the area range from about $2,700-$2,900/month. Build equity quickly with tenants paying down the principal! Get a complete sample investment analysis on this property.
For Students / Parents
What better way to add to the future you’re building than to build equity while attending university. With the low supply of off-campus housing that is within walking distance to UBCO, the alternative is paying thousands of dollars in rent and still possibly having to commute from other parts of the city. Purchase a condo residence, find a roommate, and when you’ve graduated you’ll have paid down tens of thousands of dollars in principal. For students it’s also a great way to start building credit. Get a complete analysis comparing a purchase here vs. renting a similar condo or shared apartment.
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F.A.Q.
How long does it take to walk to the UBCO Campus?
It's about 1000-1200m to the various UBCO buildings or about a 15-20 minute walk.
How long does it take to get to the beach?
It's about a 12km drive to Kelowna's City Park and Waterfront Park beaches. It takes about 15-25 minutes by car (depending on time of day), about 60 minutes by bus, and about 60 minutes by bicycle.
Is public transportation available from the area?
Yes! There is a bus stop just down the street and also the UBCO Bus Exchange is only about a 10-minute walk from Academy Hill.
What parking is available at Academy Hill?
This condo residence includes 1 parking stall in the underground parking garage. There is also street parking and the complex has several visitor parking stalls on site for guests.
Are pets allowed at Academy Hill?
Strata bylaws (subject to change) do allow many different types of pets including cats and dogs; however, there are restrictions. Please contact us to inquire specifically about your pet.