Zibi - Kanaal in Ottawa

Name: Sales in Zibi - Kanaal started!
Start: 2020-10-20T07:48:16.692583+00:00
End: 2023-12-31T23:59:59+0000
Location: Zibi - Kanaal

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Project info

Object ID: 9939

Finished at	August 2020
Price, m²	From 6000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 92.00 m²
Floors	6
Apartments	71
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

552,000$

Net profit

9,376$

Payback period

47.0 years

Avg property value increase per year

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About the project

Welcome to Kanaal, Zibi’s first Ottawa residences designed by Barry J. Hobin & Associates Architects Inc. At 6-stories high, Kanaal rises from the shore of the Ottawa River’s Buchanan Channel, providing rarely-seen upscale island living with the convenience of downtown amenities.

Inspired by the Dutch architecture of canal homes in Amsterdam, Kanaal condos combine European style with modern, urban finishes. Expansive windows and outdoor terraces spoil you with streaming natural light and stunning vistas. Combined with an island-living feel, Kanaal is the city’s most unique and previously untapped address and Ottawa’s most desired destination for connoisseurs of design and taste.