NEWS photo Stuart Davis

SIFTING AROUND after dinner and watching the sunset at Ambleside is not a pleasure
restricted solely to humans. A couple of seagulls appear to join two tadies in taking in

the view.

June house prices
up over ’84 levels

IN THE LATEST survey
published by one of
Canada’s leading residential
real estate companies, house
prices at the end of June
showed signficant increases
over a year ago.

Price increases averaged
about 5% on an «annual
basis. A’ Cross Canada
Home Price Survey showed
that larger or ‘executive’
type homes recorded the
largest increases as com-
pared to June 1984.

In the past, the survey on-
ly tracked changes in prices
over the latest four month
period. Starting with this
survey, price changes’ will
now be measured on an an-

nual basis, covering the
latest twelve month period.
The survey will continue to
be published three times a
year,

John B. Erickson, Vice
President of Rea! Estate
Services for The Permanent,
commented that; ‘‘the mar-
ket continues to be strong.
With lower mortgage rates
now available compared to a
year ago, more people are
upgrading their housing.
Thus it is not surprising that
the more expensive homes
have recorded the best in-
creases.””

Eastern Canada continued
to show the largest increases
while Western Canadian
markets continued to im-

CATHY
CHARABIN
Res. 872-0940

coast ‘Reatty.,

prove. Prices continued
Jower in Edmonton but in
Calgary prices were rela-
tively stable over the past
iwelve months. In British
Columbia prices were down
slightly but they have tended
to level off in the last few
months.

Erickson stated, ‘‘overall
price increases are in line
with our forecasts of 5-10%
made earlier this year for
Canada’’. Looking to the
future, he commented, ‘‘the
continued stability of mor-
tgage rates and the absence
of any speculative buying
suggests that current market
activity should continue
through the year.”*

1 & 2 BEDROOM CONDOMINIUMS

WOODCROFT

BEST DEALS! PRICED FOR IMMEDIATE SALE
2 BEDROOM SW CORNER

Bright spacious corner suite with west facing balcony. 1% baths. Asking
80,000’s. Some view to city.

f Just $40,000 dn. takes this cute little 10 suiter
near Queens Park in New West. Full price only

§ tire balance at just 9% for 3 years.

2 BEDROOM CORNER
Large quiet corner suite with west facing balcony. 1% baths. Asking $79,900.

Popular Lillooet Building.
1 BEDROOM

Very bright, clean suite with view to Grouse & Burnaby Mountains. Overlooks
Woodcroft grounds. Asking mid 50,000's.

CALL NOW — VIEW EXCLUSIVELY
with Cathy Charabin 986-9321

37 - Friday, August 2, 1985 - North Shore News

¢9 Montreal Trust

_657 MARINE DRIVE * WEST VANCOUVER * 926.5424
NORTH VANCOUVER WEST VANCOUVER

191 17 STEVENS DRIVE
OPEN SUNDAY 2-4
See this one for sure if you need large spacious
rooms, 4-5 bedrooms, city and mountain view:
schools near by; prime British Properties, close-
in location and only $239,000!
LOIS DOWNING 922-3466
MLS

"GHOICE WESTLYNN!
$162,500

Immaculate contemporary 3 bdrm. family home
on quiet CUL-DE-SAC. Gourmet kitchen and
loads of living space. Detuxe broadloom
throughout and a woodsy Jot with tranquility! For
appt. to view, cait
MARGARET DOMINA 926-5424
MLS

NORTH VANCOUVER

WONDERFUL WESTERLY VIEW
2 BEDS ~— $89,500

immaculately maintained, professionally
& tastefully decorated, S00 sq. ft. 2 f
bdrm., 2 bathroom apartment in con-
crete highrise. 5th floor. Corner suite.
Laundry on each floor; common exer-
cise & rec rooms. A special apt. at an ex-
cellent price. Suite 503-540 Lonsdale.
Please call

CAROLYN STENSON 928-5424

667-3071

GEORGE WEINHAUPL
922-1111 (res.) 986-9321 (off.)

That’s pineapple with a “W"!
124 units sold since Xmas

TWO PENTHOUSES PLUS. . :
15 stes. in this exceptionally’ clean, well kept block in New West. 1st time offered - so don't delay!

$110,000 takes all with owner carrying entire balance al 10% over 5 yrs. Best looking block in the

RETIREMENT S

Beautifully renovated trom top to bottom. Ter-

tific cash flow from hand-picked tenants. No &
children, dogs or cats. Gross $36,700, net

$26,000. F.P. $239,000. Try $60,000 to 10.5%
financing. Within walking distance to Pattisons §
new 40 store shopping centre in downtown &
Squamish. :

W.V.’s LOWEST
SUPERB CONDO
LOWEST PRICE IN WEST VAN. :
3rd floor clean, ready to move in and eat off the g
| white carpet. Exceptionally bright, sunny, sliding §
F door to balcony. F.P. only $58,900. MLS

$325,000 and imagine this — owner carries en-

DRAMATIC PRICE REDUCTION “
To alow $710,009. Owner still willing to take locat property as down pmt — carries entire balance.
Just consider this: 24 beautiful 2 bdrm. suites. All air conditioned & double glazav. Parklike setting
large enough to build another 24 units. Gross inc. $103,000 net $71,000 — wit! be a minimum of B
$83,000 within 7 year. 4