Academy Hill

975 / 985 Academy Way

Built - 2013 /2014

Number of Units - 78 Condos

Accommodation - Two / Two Bedroom & Den Condos

Amenities - Shop in Phase 2

Parking - Underground - (Limited Common Property)

Rental Restrictions - Rentals Allowed - minimum Monthly.

Pet Restrictions - Two Cats or One Dog

Usage - Mainly UBCO renters & investor owners.

Views from the complex - Valley Views

Distance from UBCO - 5-minute walk.

Access to Public Transport - Bus from UBCO Campus

Additional Parking Available - No Street Parking, Visitor Parking available.

Zoning C3 - Commercial Community

U One

935 Academy Way

Complex Built - 2015.

Number of Units - 66 Condos

Accommodation - One / Two / Two & Three Bedroom Condos

Amenities - None, due to proximity to UBCO Facilities.

Parking - Underground - (Limited Common Property)

Rental Restrictions - Rentals Allowed - long term only.

Pet Restrictions - 1 Cat or 1 Dog Views from the complex - Valley Views Distance from UBCO - 5-minute walk.

Access to Public Transport - Bus from UBCO Campus

Additional Parking Available - No Street Parking, Visitor Parking available.

Builder - Mission Group Homes

Occupancy - mainly students and investor owners.

Proximity to UBCO - 5 minutes walk from the University Campus.

Strata Fees - are kept low as typically residents have access to the UBCO facilities nearby.

U Two

881 & 833 Academy Way

SAMPLE VIRTUAL TOUR https://youriguide.com/116_883_academy_way_kelowna_bc

Number of Units - 112 units in two 4 Storey buildings

Square Footage - 507 to 1136 sq ft.

Features - Vinyl Plank Flooring, 8-foot Ceilings, Flat Panel Square Edge Cabinetry, Stainless Appliances, Laminate Counter Tops., Secure Front Entry. Appliances - Includes Stove Microwave, Refrigerator & Dishwasher. Space for Washer & Dryer.

Parking - Enclosed underground parking for most homes & Exterior Covered Parking for A, A1, B3 & some B Homes. No additional Road parking.

Bike Racks for most homes.

Amenities - community garden and orchard

Rentals Allowed - Yes longer term only.

Built - 2016/ 2017

Builder - Mission Group

Rental Manager - available

Proximity to UBCO - 5 minutes Walk.

U Three

775 Academy Way

Built - 2017

Builder - Mission Group

Types - 1,2 & 3 Bedroom Suites Number of Floors- 4.

Number of Units - 66

Appliances - Includes Stove Microwave, Refrigerator, Dishwasher, Washer & Dryer.

Parking - A mix of Enclosed underground parking & some exterior parking

Rentals Allowed - Yes - Long Term Only.

U Five

975 Academy Way

Built - 2018

Builder - Mission Group

Number of Units - 72

Fuel - Electricity

Strata Fee includes - Contingency Reserve, Landscaping, Management, Sewer, Snow Removal, Trash Removal, Water

Rentals Allowed - Yes long term only.

Pet Restrictions - Up to two cats or 1 dog weighing max 40lbs and 1 cat or two dogs with max weight each 40 pounds.

BBQ's Allowed - Yes - only Electric.

Proximity to UBCO - 10-15 minutes walk

U Six

695 Academy Way

- Built 2019

- 57-suite condominium building.

- Location - within easy walking distance to UBC Okanagan.

- Designer - Meiklejohn Architects Inc.

- Accommodation - a mix of studio, 2, and 3-bedroom condos

- Exterior Finish Hardie Board

- Flooring Floor Vinyl & Tile

- Appliances Included Dishwasher, Washer, Dryer, Stove - Electric, Refrigerator, Microwave.

U Seven

655 Academy Way

- Built 2019

- Freehold 57 home condo complex

- 1, 2 & 3 Bedroom Units

- 3 Storeys

- Fuel - Electricity

- Heating Cooling - High-efficiency ducted PTAC

- Modern flat-panel square edge cabinetry available in two shades of wood laminate with brushed stainless hardware.

-Contemporary linear and open plan kitchens.

-Bright kitchen lighting includes energy-efficient adjustable halogen track lights.

-Energy Star® stainless steel refrigerator, 18 cu. ft. (except A plans0.

- Ceran top, self-cleaning, free-standing, Stainless Steel Range.

- Over the range Microwave oven and hood fan (except A plans).

- Stainless Steel Dishwasher.

- Durable laminate countertops with easy-care finish.

- Kitchen Cabinets - Stacking bank of drawers, 28” high upper cabinets and full-depth cabinet over the fridge.

- Double bowl stainless steel sink with chrome single-lever pullout spray faucet (except A plans)

- Location - 15 minute Walk to UBC Okanagan Campus or Transit Service to Kelowna / UBCO nearby

U Eight

The Developer is currently selling units in this complex.

Show suite is now available to view.

If you are interested in being representing you in this process, please email or call me!

Final Phase of the U Series Condo Complexes offered by the Mission Group.

It will be within 15 minutes walking distance of UBC Okanagan in Kelowna.

U-Eight offers a variety of contemporary, open-concept studio, one, two, and three-bedroom homes.

Approximate Prices:

Studios from Low $200’s
One Bedroom from Mid $200’s
Two Bedrooms from Mid $300’s
Three Bedrooms from Mid $400’s

Frequently Asked Questions

When will U-Eight be complete?

The estimated completion date is August 2020, prior to the start of the UBC Okanagan school year. All past Mission Group communities in the U-District have been completed on time, allowing students to get settled before the Fall semester.

What will the deposit requirements be?

• Initial Deposit: $10,000 personal cheque or bank draft upon writing the purchase and sale agreement.

• Second Deposit: 10% of the purchase price (less the $10,000 initial deposit) within 7 days of writing the purchase agreement.

• Final Deposit: 5% of the purchase price within 30 days receipt of the Amended Disclosure Statement upon the Developer obtaining construction financing and building permit approval.

What are the estimated monthly strata fees at U-Eight and what is included in the fees?

Estimated strata fees are 33 cents per square foot. Strata fees include heat, water, and Wi-Fi in common study areas.

Can homes at U-Eight be rented?

Yes. Rentals must be for a minimum of 30 days.

What are the rental rates for comparable homes near UBC Okanagan?

As of Spring 2019, average rental rates for comparable homes near UBC Okanagan are estimated to be as follows:

• Studios: $1,250 per month

• One Bedroom: $1,500 per month

• Two Bedrooms: $1,850 per month

• Three Bedrooms: $2,700 per month

Does U-Eight have a financing program in place?

Yes. Mission Group are working with RBC Mortgage Specialists to offer financing options for buyers with the option to lock-in interest rates until completion. Options vary based on the applicant’s personal finances.

How close is U-Eight to the UBC Okanagan campus and public transportation?

U-Eight is about a 15-minute walk from UBC Okanagan campus. Bus stops are 2 minutes away with service to campus every hour.

How close is U-Eight to the Kelowna International Airport (YLW)?

U-Eight is only 3.6 KM or a 7-minute drive to the airport.

What amenities are nearby U-Eight?

U-Eight is a short drive from groceries and dining, shops and services, and health and wellness.

Does Mission Group offer a past purchaser rewards program?

Yes. A $1,000 referral credit is available to Mission Group homeowners who refer a new U-Eight purchaser. The referral reward will be paid upon firming.

Will each home at U-Eight include a parking stall?

Yes. Each home at U-Eight will include a parking stall. Most stalls will be located in the underground parkade. Studio homes will offer surface parking.

Will there be storage lockers available for purchase?

Yes. There will be a limited number of storage lockers available for purchase at U-Eight.

Does U-Eight allow pets?

Yes. U-Eight will allow one dog and one cat, or two cats, with no height restrictions. Restrictions on dog breeds deemed aggressive, such as Pitbulls and Rottweilers, will apply.

Call Trish for more information and if you require assistance with your purchasing needs for this property.