203 725 Academy Way, No City Value, BC, MLS® R3057140

$448,000
Est. Mortgage /mo

NEW

$448,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 270.66 Maint. Fee
638 sqft
2018 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

203 725 Academy Way, No City Value, BC | MLS® R3057140 Property Details

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!

General Info

Price $448,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 638
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2018
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Trash, Maintenance Grounds, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3057140
Area FVREB Out of Town
Neighbourhood FVREB Out of Town
City No City Value
Gross Taxes $1,202
Ownership Type Freehold Strata
Maintenance Fee $270.66
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Forced Air
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Underground, Guest
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning MF3
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Mixed, Tile, Vinyl, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View 1
View Description Mountain & Valley
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt, Fibreglass

Property History

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Status Date Price
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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.

Neighborhood Info

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

Kelowna
Academy Way at Acadia (SB)
0.2 km
Skytrain
West Coast Express @ Mission City Station
227.53 km

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

As we walk through the vibrant community surrounding 203 725 Academy Way, you'll notice the excellent educational opportunities available to families. We're serviced by North Glenmore Elementary School, which boasts a 5.7/10 rating and is conveniently located just 2.7 km from our home with MLS® R3057140. This school is a top choice for many families, and for good reason – its commitment to academic excellence and well-rounded education is truly impressive.

In addition to North Glenmore Elementary School, we're also served by Kelowna Secondary School, which is situated 9.35 km from our property with MLS® R3057140. While it may be a bit farther away, this school offers a comprehensive education that prepares students for success in all aspects of life.

For families who prefer private education, we're fortunate to have Aberdeen Hall Preparatory School and Aberdeen Hall Senior School, both of which are independent schools with a strong focus on academic achievement and character development. These schools are located just 0.58 km and 0.44 km from our home with MLS® R3057140, making them easily accessible for those who choose to send their children there.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an overall crime rate of 12,529.51, which is considered Above Average compared to other Canadian cities. However, it's worth noting that the crime rate in this area has actually decreased by 8.71% over the past year, indicating a trend towards safer communities.

In terms of specific crime types, we have a High drug crime rate, with 1,040 illegal substances lawbreaking disturbances reported in 2020. However, it's worth noting that this rate has increased by 31.89% over the past year, which may be a cause for concern.

On a more positive note, property crimes in our neighborhood are considered High, but the rate has actually decreased by 21.39% over the past year. This suggests that our community is taking proactive steps to reduce crime and improve safety.

As we explore the local amenities, you'll notice that we have a Bus station conveniently located just 0.2 km away from our home with MLS® R3057140. This makes it easy to get around the city without a car, and there are plenty of other transportation options available as well.

Now, let's talk about demographics. Our neighborhood has a high percentage of university-educated residents, with 22.2% of the population holding a university certificate or degree. This is Above Average compared to other BC neighborhoods, and suggests a highly educated and skilled community.

In terms of income, the median household income in our area is $91,750, which is Above Average compared to other BC neighborhoods. The median personal income is also Above Average at $41,139.

According to the latest data, the unemployment rate in our area is 6.7%, which is Below Average compared to other province neighborhoods. This suggests a strong economy with plenty of job opportunities.

As we look at the growth trends in our community, we see that the population has increased by 14% between 2011 and 2016, which is High compared to average growth rate of this region.

In terms of family dynamics, our neighborhood has an average family size of 2.6, which is Low compared to the whole region. However, 42.6% of families in our area have children, which is Low compared to other neighborhoods. On the other hand, 66.7% of residents are married or living common law, which is High compared to other areas.

The average age of our population is 43.5, which is Above Average compared to other BC cities.

In terms of real estate, the average value of dwellings in our neighborhood is $625,188, which is High compared to other areas in British Columbia. Average owner payments are also Above Average at $1,514, while tenants are paying $1,248, which is also Above Average.

Finally, 23.9% of our population are renters, which is Average compared to other BC cities and areas.

As we conclude our tour of the community surrounding 203 725 Academy Way, MLS® R3057140, we hope you've gained a better understanding of the excellent educational opportunities, safety features, and demographic trends that make this area so desirable. Whether you're a family or an individual, our neighborhood has something to offer everyone.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $448,000
No city value No comparables
FVREB Out of Town No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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