Y &
NEWS photo Noi! Lucente

MORE HOUSES are being constructed in the Tempe Heights subdivision in the City ef
North Vancouver. These homes are now undergoing the final stages of construction.

Commercial morigages in demand

From page 54
Three-vear terms are becom-
ing increasingly popular and
pow represent about 25) per
cent of mortgage disperse-
ments.

“The trend toward three:
year terms is quite unusual.
It may signify that a growing
percentage of consumers are
unsure of the direction of
mortgage rates. They may
not want to lock in for five

years in case rates vo down:
however, they are unwilling
to gamble that rates will
decline in the short term,”
said Juroack.

Demand for commercial
mortgages remains strong,
notes William Anderson,
Royal LePage’s conmercial
mortgage spokesman.

“Commercial mortgage
rates have not fluctuated
greatly and are sul quite ae-

ceptable to most borrowers
In Ontario, there has beer
litde slackening of commer-
cith borrowing activity.”
said Anderson.

The Canadian Mortgage
Market: Bulletin is based) on
information from Royal
LePage’s residential and
commercial real estate man-
agers across the country who
are in daily contact: with the
Canadian money market.

NEWS photo Stuart Davis

REG WOZNIAK of Straight Line Constr iction Ltd. measures a wall in a new horse
under construction on Marine Drive in Vest Vancouver. The house features the sew
Nascor insulation system — seen in the background.

59 - Friday, July 17. 1987 - North Shore News

PACIFIC REAL ESTATE LTD.
#203-250 15th St.
West Vancouver

4 LUXURY HOMES ON “THE DALE”
PRESTIGIOUS TIDLEY COVE LOCATION

* LARGE LOTS
12,006-14.75G SOFT,

© ONLY 660 FT. TO THE
OCE 4

° PRICES
MID 3369's

© ONE OF WEST VANCOUVER S MOST APPEALING &
HISTORIC LOCATIONS

or
PLANTS TO GROW?

You'll love the farge lot that
comes with this Pemberton
Heights character home. Private
& well maintained.
1314 W. 22nd St.
Asking $139,500.

1 AM VERY NICE!
106-241 ST. ANDREWS

2 bdrm south facing corner suite
with new carpets, ceramic tile,
paint & wallpaper all in neutral
tones. Large living rm & master
bdrm plus endless storage. Cen-
tral location close to shopping &
seabus. Priced right at $69,000.

~——-.

SEEING [S
BELIEVING!

You too will believe Vancouver is
a gem among cities when you
see the view from this gorgeous
Caulfeild home. Even the shower
has a view.
5024 Pinetree Cres.
Asking $425,000.

SO CLEAN IT
SQUEAKS!

Except. of course the hardwood tloors
under the carpet! 3 bdims, 2% baths.
1968 sad. finished ures. Youll rove the
orivate backyard of this solid, well main-
tained home and... it has a city view! Price
$149,500.

724 E, 29th

SPACIOUS 2 BEDROOM
104-341 WEST 3rd ST.

Over 1000 sq.ft. of gracious liv-
ing. Features 1/2 baths including
2 pe. ensuite, gas fireplace, large
living room & dining room. Well
kept building. Offers to $78,900.
Easy to view!

( CTHER AREAS )

MOTIVATED VENDOR
SOUTH GRANVILLE
14th & ALDER

Deluxe 2 bdrm, 2 bath townizome’ in ex-
cellent location on quiet street. Like new
throughout with numerous attractive
features inctuding 6 apptiances. drapes,
secured parking, etc. Asking $108,500.

EXCELLENT BUY!

#210-2333 TRIUMPH, VANC.
Immaculate 1 bedroom apt. with
huge 260 sq.ft. patio. Totally
renovated in the last 2 yrs. Im-
peccably kept bidg. in central
location. Priced to selt at
$58,900.

ACREAGES
PEMBERTON VALLEY & ANDERSON LAKE

.6 Ac. Riverfront

* 9 Ac. level, cleared
% 21 Ac. Rivertront

x7 $26,000
x 7.5 Ac. Hwy. frontage $32,000

$42,000
$80,000

* 84 Ac. 1250 sq.ft. house $112,500

LAURIE
WILSON
986-1901

GEOFF
CAMPBELL

KOBASEW

RALPH
BENNETSEN

980-9640

VADIM
986-19C1

ES ath A RAs a Pat ik RAs Ee iat