Driven by the success of the University of British Columbia-Okanagan, one of Kelowna’s fastest-growing neighbourhoods is the University District. The area is the ideal place for students seeking the ultimate off-campus living experience. University District encompasses a two-hundred-lot single-family home development, a collection of rental complexes, one townhome development, and multiple condominium complexes. Within the District, Academy Way alone is home to more than four hundred apartment homes all within walking distance of the University of British Columbia-Okanagan campus.
Homes in the University District include housing options for homebuyers in all seasons of life. You can find studios, one-bedroom, two-bedroom, three-bedroom, and shared roommate homes in the University District. Because of the diversity of housing options and the area’s proximity to the UBCO campus, there is a relatively low vacancy rate in the University District. This makes the neighbourhood an ideal place to invest in rental properties. Whether seeking long-term capital accumulation in the form of building equity, or desiring to generate income, University District real estate is worth your consideration.
The buildings on Academy Way include a two-structure condo encompassing seventy-eight homes known as Academy Hill, and a series of condos named U One, U Two, and so on. U One is a three-storey building with sixty-six homes offering valley views, while U Two is two-storey and features one hundred and twelve residences. Similarly, U Three is four-storey with eighty-seven University District homes, and U Five is also four-storey with seventy-two University District residences (there is no U Four building). In contrast, U Six and U Seven are brand new three-storey buildings with fifty-four and fifty-seven residences that all feature a bathroom for every bedroom, in-suite laundry, and a full kitchen. Last but not least, the newest condo is U Eight, which encompasses ninety University District units. If you would like more specific information about the currently available properties in the University District of Kelowna, British Columbia, please connect with us as soon as you can so we can assist you with your University District home search.
My website features the best University District real estate search for homes, condos, land and foreclosure properties available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes.
You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. My Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
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