U Five

U Five was completed in summer 2018 and stands as one of the most popular buildings on Academy Way for buyers who prioritize lifestyle alongside investment returns. The three-storey, 72-unit building features something unique on the street: direct trail access right from the property, connecting residents to the network of hiking and biking trails surrounding the UBCO campus.

Underground parking — a relatively rare feature among Academy Way condos — adds practical value and protects vehicles from Kelowna's summer heat and winter snow. Valley views from upper floor units, combined with the trail connection, give U Five a distinctly outdoor-oriented feel that sets it apart from the more urban character of buildings further up the street.

For investors, U Five's lifestyle credentials translate directly into tenant appeal. UBCO attracts a student and faculty base that values walkability and access to the outdoors, and U Five delivers both. The building has maintained strong occupancy rates since completion, and its relatively compact 72-unit size creates a more intimate strata community than the larger buildings on the street.