Mahogany in Ottawa

Name: Sales in Mahogany started!
Start: 2020-09-25T08:37:57.906467+00:00
End: 2023-12-31T23:59:59+0000
Location: Mahogany

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Construction

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Project info

Object ID: 9534

Finished at	December 2020
Price, m²	From 3430$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 180.00 m²
Floors	2
Apartments	195
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

617,400$

Net profit

9,376$

Payback period

52.5 years

Avg property value increase per year

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About the project

Contemporary living meets historical village charm in Mahogany, Manotick. Mahogany is Minto Communities’ most unique collection of Bungalows, and Bungalow Townhomes, Single Family Homes for sale in Manotick — master-planned around natural features, with family friendly streetscapes. Phase Two of Mahogany brings even more parks, paths, and green spaces to Manotick.

Developer

It all started with a simple belief: no matter who you are, where you're from, or where you're going, we're proudly building better places t…
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