Condo
$474,900
935 Academy Way Unit# 105
University District, Kelownalisted today
3 bd3 ba870 sq ft
MLS® 104028721 / 19
$424,900
1875 Country Club Drive Unit# 1316
University District, Kelowna · MLS® 10392121
2 bed · 2 bath · 1,055 sq ft · 1 parking
Condo · Single Family · built 2008 · 110 days on market
Listed by Pawan Kang, RE/MAX Performance Realty
Realtor's description
PINNACLE POINTE - This 2 bedroom, 2 bathroom unit is a rare find. A spacious living area, opening to a large walkout backyard with beautiful mountain views, located on third floor with quick access to the meeting office, fitness gym and outdoor pool/hot tub amenities. A well maintained unit, fully furnished, great for a turn key rental. Updated flooring, paint and appliances. Great location, close to transit, UBC Okanagan Campus, airport, shopping, restaurants, parks, trails, golf course and more. All furniture, bedding & towels included! One underground parking stall. Bike storage room. Excellent place for investors, students, and golfers.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,055 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,248 / yr
- Strata fee
- $683 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed, Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 110
- MLS®
- 10392121
Features
- Balcony
- Pets Allowed
- Pet Restrictions
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
Monthly cost
$2,722/mo
Mortgage $1,851 · Tax $187 · Strata $683
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,098/mo
- After all costs
- −$826/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $1,851 · tax $187 · strata $683 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
University District, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Ellison Elementaryhomes in this catchment
3.7 km away · 3735 Parkdale Rd, Kelowna · 250-870-5140
- Middle Rutland Middlehomes in this catchment
6.4 km away · 715 Rutland Rd N, Kelowna · 250-870-5109
- Secondary Rutland Secondaryhomes in this catchment
6.4 km away · 715 Rutland Rd N, Kelowna · 250-870-5109
From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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