REA

Renovation spending on rise

RENOVATION SPEND-
ING is projected to increase
3.5% in 1994, according to
Canada Mortgage and
Housing Corp.'s (CMHC)
National. Renovation Mar-
kets report.

Renovation spending — is
expected ‘to reach $17.5
billion in 1994, up from
$16.8 billion projected for
this year.

“Projected increases in

renovation market because
many intprovement projects
are done shortly before, or
immediately after a house is
sold,’* he added.

Regionally, B.C. will have
the highest increase in
renovation and repair
spending this year, up 51%
to $2.2 billion, and a 4.5%
increase next year to $2.3
billion.

The province will benefit
from strong housing mar-

latest
and

Statistics Canada's
Housing Repaic
Renovation Survey.
Renovation spending by
homeowners in 1991 totalled
$11.5 billion, of nearly 70%
of the total renovation
spending mat year, Among
homeowners who reported
some renovation work, the
average spent was $2,621.

Homeowner renovations
fall into five categories of

Friday, December 17, 1993 - North Shore News -

AY CITY RE

me Sp

SPIINGHIMLE PLACE
140 EAST 14TH ST. NORTH VANCOUVER

- FANTASTIC VIEWS!

SPRINGHILL
PLACE

EON RST

9 LYNN VALLEY @

“104
NC. sony
= NOTH VANCOUVER
panna (AT LYNN
— VALLEY CENTRE}

housing starts and sales of
existing houses next year
will help spur activity in the
renovation market,’ said
Gilles Proulx, CMHC’'s
chief economist. ‘Home
sales tend to boast the

kets and a solid economic
recovery that fuels employ-
ment and income growth,
The report also highlights
1991 spending patterns by
homeowners

spending: renovations and
alterations, structural addi-
tions, repairs and
maintenance, replacement of
equipment and new installa-

based on tions.

| JEFF DENNIS
623-5788 pager

| DHOREA ORPHAN

* Open Daily

is a 12 storey concrete Hi-Rise
and extravagantly planned com-
plex. Well designed 1 bdrm. 1
bdrm and Den, 2 Bdrms, and
penthouses will take your breath
away. Built in the heart of
Lonsdale near all amenities offer-
ing the utmost in luxury, lifestyle
and Investment potential. -

- Floor to ceiling bay windows

- Glass block, ceramic tile, gas
lireplaces, window coverings

-Fully applianced including in-
suite laundry

- Secured underground parking

- Video intercom

+ Luxury throughout!

- Choose your finishes now!

1-5

* Sat. 10-5

ni

arita Rathnow — Norma Sunderbruch — Shelley Baker

986-4371 (24 hrs)

NASSER'FAZL

Res: 926-1785

Pager: 623-5779

WATERFRONT IN DUNDARAVE

RR
$1,495,000

2636 BELLEVUE AVE., WEST VANCOUVER |. OPEN BY APPT. — F
B One of the best waterfront properties in Dundarave. Spectacular city and ocean views. Build your &§
® dream home amongst most expensive waterfront homes or occupy the very unique,charming two |
f bedroom and den home. Featuring good tioor pian. Bring your decorating ideas. Walk to
1 Dundarave Village and all amenities. Perfect place to live in West Vancouver. New listing to the

‘market. MLS. ‘

REDUCED TO $134,900
1 BDRM. AMBLESIDE

Spacious with lovely treed outiook, Mirrors,
new carpet, upgraded kitchen, enclosed bal-
cony make this the best in West Van. Move

right in and enjoy. #409-1425 Esquimalt,

REDUCED TO $189,900
2 BDRM. LONSDALE

Unbelievable suite in North Vancouver. Quiet
convenient location, mountain/treed outlook,
mirror, California kitchen, special wallpapers
and woodburning fireplace.

#204-145 East 12th St.

SUPER BUSINESS OPPORTUNITY

A partnership or a family could buy this prosperous natural food store and lunch counter operating
for 23 years. Call for intormation on how to get yourself into this business. Price has been sst for

quick sale — $65,000.

623-7302 par.

28487042

EM

CREPE

enayeprones
Se ee
ae we.

BDRM

2 updated one bedroom apartment on the 9th
and 10th floor of Lillooet Bldg, with mountain &
easterly city view. Terrific recreation facilities in
the building. Please call for viewing.

Se
ake as

Tees

“WOODCROFT”
2 BORM. - 2 BATHRM.

' Discover the comfort and the
view of an updated 932 sq.ft. apt.
in Lillooet Bldg. This 14th floor
apartment facing south with view

~. Of city, bridge, water and sunset
every afternoon. Terrific recre-
= ation facilities in the building.

. Don't miss it! Call tor viewing.
#1411-2016 FULLERTON AVE.

NORTH VANCOUVER

“WOODCROFT"
"BACHELOR SUITE” - UPDATED

Excellent south-facing bachelor suite in
‘Pemberton Building with outstanding view of
city, bridge and garden. Good for first-time buy-
ers or investors. Please call for details.

TREAT YOURSELF TO
QUALITY AT WOODCROFT §
my Discover the comfort and the &
Mga view of an updated 2 bdrm, 1-1/2 @
SS bathroom apt. This 8th floor apt. }
“_. , catches Vancouver's beauty, fac-
; 2: as ing south on the Pemberton Bldg.
. Work on your health in the fully 8

equipped rec facilities in the bidg.
Don't let this chance pass you by!

Call for viewing.