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Primary Property View
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Tertiary Property View
Exceptional Property

975 Academy Way, Kelowna

$499,000
2 Bedrooms
2 Bathrooms
856 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Apartment

Year Built

2013

Square Footage

856 square feet

Bedrooms

2

Bathrooms

2

Distinguished Features

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Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

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Children going to University? Don't want to pay Rent? This is a great location, 2 beds plus office, 2 full baths, laundry in-suite....and closest walking distance to University. Walk out patio to green space! great for sitting in the sun or if there is a pet. 1 dog or 2 cats allowed. see bylaws. Some commercial on Ground floor adds extra conv...

MLS Number

10332026

Listed By

Royal LePage Kelowna

Last Updated

May 17, 2025, 6:25 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type
Single Family
Architectural Style
Apartment
Year Built
2013
Square Footage
856
Zoning
Unknown

Climate Control & Utilities

Heating System
See remarks
Air Conditioning
Central air conditioning
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

Property image
28
New
MLS# 10356129
List Date
Jul 15, 2025, 11:29 p.m.
List Price
$399,000
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
52
New
MLS# 10335410
List Date
Feb 13, 2025, 7:29 p.m.
List Price
$509,900
Property Type
Sale
Bedrooms
3
Bathrooms
2
Property image
19
New
MLS# 10332026
List Date
Jan 13, 2025, 11:18 p.m.
List Price
$499,000
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
21
New
MLS# 10337481
List Date
Mar 5, 2025, 12:48 a.m.
List Price
$539,800
Property Type
Sale
Bedrooms
2
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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