STEPS FROM UBCO! PERFECT FOR STUDENTS & INVESTORS! Live, study, and thrive just steps from UBC Okanagan in this bright, south-facing apartment filled with natural light and sweeping mountain views. Feel at home in a like-minded, welcoming community that balances independence and connection — ideal for students, professionals, or anyone seeking a supportive environment. Enjoy modern comfort with secure parking, pet-friendly living, and unbeatable convenience. With rentals allowed in a prime location that offers easy access to transit, the airport, nearby cafés, shops, Okanagan Lake, and the heart of downtown, this property has it all! Whether seeking a smart investment or a place to call your own, this vibrant Kelowna home offers an unmatched blend of lifestyle, community and opportunity!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator
Heating Type	Forced Air
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed, Tile, Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	Mountain & Valley
Roof	Asphalt, Fibreglass
Structures	Multi Family, Residential Attached

Building Details

Price	$448,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	638
Year Built	2018
Age Of Building	7
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Trash, Maintenance Grounds, Management, Snow Removal
Building Name	U Five
Ownership Type	Freehold Strata
Maintenance Fee	$270.66
Community Features	Adult Oriented, Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Management, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Underground, Guest
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None

Lot & Land

MLS^® #	R3057140
Area	FVREB Out of Town
Neighbourhood	FVREB Out of Town
City	No City Value
Postal Code	V1V 0B4
Gross Taxes	$1,202
Zoning	MF3

Property Timeline

Status	Date	Price
R3057140 / Active	10-10-2025	$448,000

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	12'5 x 12'5 ft
Main Level	Foyer	3'11 x 3'11 ft
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Primary Bedroom	9'8 x 9'8 ft
Main Level	Bedroom	9'8 x 9'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: Royal LePage - Wolstencroft

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Kelowna Secondary School: 9.35 km
Elementary
North Glenmore Elementary School: Average 2.7 km 5.7/10
Middle
Dr. Knox Middle School: 2.71 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Aberdeen Hall Preparatory School: 0.58 km
Secondary
Aberdeen Hall Senior School: 0.44 km

Closest Transit

Bus Stop
Academy Way at Acadia (SB): 0.2 km

Crime Rate

Total Crime Rate: Above Average
Violent Crime Rate: Above Average
Property Crime Rate: High

Demographics

Post-Secondary Education: Below Average 22.2%
No Certificate/Degree: Below Average 11%
Owner Occupied: Below Average 58.6%
Employment Rate: Below Average 42.6%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

54 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FVREB OUT OF TOWN compares

This property

314 DOM

Listed

FVREB Out of Town avg

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No city value avg

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203 725 Academy Way has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% — conditions are balanced. With only 2310 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Estateblock Rent Estimate for 203 725 Academy Way, No city value

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.