DALY Co-Operative INC.

Officially opened in October 1983, and it consists of 88 units in South Ottawa. We are located on Southvale Cres. at Russel Rd.

Our building is an accessible, seven story apartment building. Designed from the start with  wheelchair accessibility in mind, our building offers a freedom of movement to members of all abilities. There are bachelors, 1, 2, and 3 bedroom units. All units have refrigerators and stoves, and they have balconies or patios. Parking is available for a monthly fee.

The Co-op Solution

Daly Co-op is a non-profit corporation. When you become a member of the Co-op, you also become a member of the corporation. Members decide on the rules and regulations, vote on housing charge increase amount, and control the maintenance and upkeep of our homes.

This provides an affordable alternative to regular rental housing. A federal government grant provides a certain amount of housing charge assistance for members in need, this is determined by a members' income and availability of funds.

The Co-Op Advantages

Co-Operative housing is an alternative to renting or buying. There are no superintendents or landlords. We are members in a non-profit co-operative venture. We perform the tasks of landlords and superintendents ourselves, sharing the work and keeping down expenses.

As a member of a co-op, you will have an equal voice in the decisions that affect your home. One member, one vote. A co-op is run democratically, and members participate in all decisions. You will know how and why money is spent.

Co-Operative housing provides an enjoyable, supportive atmosphere as you work with other members to manage your housing, make decisions, and plan activities. In Daly Co-Op, you become part of a community in the South/East of Ottawa.

Is a Co-op Similar to A Condominium?

No, it is not. With a condominium, individuals purchase units and pay a joint fee for its services. A co-operative is not an investment; you cannot build equity or sell your unit.

Co-operatives are registered, non-profit companies, and therefore are not affected by market values. This helps keep monthly housing charges low with little fluctuation, as charges are not based on market speculation and profit motives.