TheStrataBrochure
By StrataReports
Kelowna, BC
U-ONE
935 Academy Way
Unit 118
3
Bedrooms
2
Bathrooms
875
Sq Ft
Yes
Parking
No
Storage
$454.54/mo
$515,000
Year 2026
$2,300
Tax Year 2026
Listed by Coldwell Banker Horizon Realty
Why This Building Stands Out
Key highlights from the reviewed strata documents
Proactive Building Maintenance
Recent documented capital work completed across 3 major building systems: fire safety, mechanical, and security. Most recent: 2025.
Favourable Insurance Deductibles
4 insurance deductibles in line with or lower than typical for City of Kelowna - e.g. earthquake deductible (minimum) of $50,000 vs. ~$100,000.
Building Systems Confidence
Windows are in good condition. Windows compares better than many for buildings in City of Kelowna.
EV & Future-Readiness
Moderate EV readiness - better than most for buildings in City of Kelowna, with shared chargers in place.
EV Charging Readiness
Compared with buildings in City of Kelowna
Some EV readiness in place
42%
Planning stage
32%
No evidence of EV plans
26%
One shared ChargePoint EV charger on common property; $1–$3/hr usage fee; no owner install policy mentioned.
Pets Allowed
Pet allowances for this building
Dogs max
Cats max
Up to 2 dogs (max 40 lbs each, or 1 dog up to 80 lbs for units with a grassed yard) and/or up to 2 cats permitted, with additional allowances for small caged mammals, birds, and aquarium tanks.
Day-to-Day Policies
Rules that shape everyday living in this building
Short-Term Rental
RestrictedRentals of less than 30 days are explicitly prohibited by bylaw.
City of Kelowna policy split
Recent Major Upgrades
Significant capital work completed in recent years
Recent Security Work
2025Parkade security rule updated restricting stall rentals to building residents only.
Recent Fire safety Work
2024Three failed CO sensors replaced and Category 1 Safety Test completed building-wide.
Recent Mechanical Work
2024Dryer vent cleaning and bird guard installation on exterior vents completed.
Building Systems
Status of major building systems based on reviewed documents
Windows
Vinyl-framed windows in good condition with 21 years of remaining life.
Condition of City of Kelowna
61%
in worse condition
33%
similar to
this building
6%
in better condition
Roof
Torch-on membrane in average condition with 16 years of remaining life.
Condition of Central Okanagan Regional District
33%
in worse condition
57%
similar to
this building
10%
in better condition
Piping
Plumbing system has 61 years remaining life with proactive maintenance underway.
Condition of Central Okanagan Regional District
24%
in worse condition
57%
similar to
this building
19%
in better condition
Elevators
Electric elevator in average condition with 31 years before modernization needed.
Condition of City of Kelowna
7%
in worse condition
61%
similar to
this building
32%
in better condition
Building Envelope
Multiple cladding types in average condition with scheduled maintenance planned.
Condition of City of Kelowna
13%
in worse condition
61%
similar to
this building
26%
in better condition
Water Damage Deductible
(2025-2026)$20,000
Typical in City of Kelowna: $25,000
Great - lower than most
Flood Deductible
(2025-2026)$25,000
Typical in City of Kelowna: $50,000
Great - lower than most
Earthquake Deductible
(2025-2026)$50,000
minimum
10%
of insured value
Typical in City of Kelowna: $100,000
Good - lower than average
Typical risk profile for City of Kelowna
Typical rate is around 2.7 incidents per 100 units per year.
Based on 47 buildings in City of Kelowna.