ROYAL LEPAGE has joia
ed with The Royal Trust
Company in launching un
innovative real estate mu?-zal
fund, as part of its inten: to
diversify into new arcas of
business and thereby expand
its earnings base.

The Royal LePaess Com-
mercial Real Estate Fund
combines Roya! LePage's
teal cstate expertise with
Royal Trust's acknowledged
ability in marketing mutual
funds through its extensive
branch network. It offers
investors the opportunity to
participate ir. a quality port-
folio of commercial proper-

(FA

62 - Friday, March 3, 1989 - North “hore News

JN REAL ESTATE
Real estate mutual fund launched

ties through registered
Tetirement savings plans,
registered retirement income
funds and deferred profit
sharing plans.

Two qualities make the
fund unique in Canada:
eit is the only real estate
mutual fund in Canada that
involves the participation of
a real estate services
organization.
* it is the only mutual fund
in Canada that features a

substantial financial com-
mitment by its sponsors
(both Royal LePage and

Royal Trust cach committed
$10 million to establish the

fund).

Royal LePage President
George Cormack said that
the Company's involvement
in the fund fulfills two im-
portant corporate objectives.

“On the one hand, it con-
tinues the Royal LePage
tradition of providing con-
sumers with high quality,
innovative real estate pro-
ducts on a specialized basis.

“And further, our in-
volvement in the develop-
ment and management of
the fund is the latest
achievement in our strategy
to create a growing source of
additional carnings.

SHAKU RASHID

| 922-5078
ESIDE BUY

986-9321

UST LISTED
$158,900

Super clean, 2 bedroom
{ suite, ground floor, lovely

ma ing distance to Ambleside
ws shopping. HURRY before
_@ it's gone. Open by appt.

-sutton.grodp

uy With Confidence —
List For Results

987-6960

SHAKU 922-5078

4

rly Sass Charles Libke

980-3276

JUST LISTED

| ‘Townhouses
'Yorkwood Park|

Three bedrooms — full basement

Pool — sauna — playground

The .Timbers

Three bedrooms — superb view

Open Sunday 2-4
#21-251 West 14th Street

986-9324. .

sutto

west coast realty:

986-9321

Ew!v 7 "
| Large 1 bdrm. - 700 sq.ft. - walk-in closet - Ask-
Ing 383,900.

2667 ¢ FROMME e
NORTH .

ROAD
VANCOUVER

ALL EIGHT CEDAR WyYnpb

townhomes have the amenities for you to enjoy
an elegant lifestyle.

FEATURES INCLUDE

{J Quiet cul-de-sac living — close to shopping &
transportation

[) Private ground floor patios w

{ Tile faced wood burnings ¢

fireplaces

C13 Bedrooms or 2 BR& Den

Cl 6 deluxe appliances |

OO Skylights

(i 2% Bathrooms

CJ Sunken living rooms

ns “seaer ay
(secrete &_
A RARE OPPORTUNITY IN
LYNN VALLEY’S FINEST LOCATION

OPEN HOUSE SAT & SUN 11-5 (2667 Fromme Rd.)

irstrealty  : 925-1441

Master
lamber

SHYAM HIRA
FOR RESULTS CALL ™

986-0654 Home <7Zey
986-9321 Office ~~"

d INVESTMENT, COMMERCIAL & INDUSTRIAL 6 Year

1 2]
7 yr. old bid. - upgraded suite - blinds, mirrors | From new screws to new taps - large 1 bdrm. on
arid lovely large p-a-t-i-o. #103-240 Mahon. Sun. | Quiet side - #313-270 W. 3rd St., Open Sun. §

1-245

2 BORMS.
1 baths & fireplace, top floor, corner unit. Pric- J
ed in $90’s.

west coast realty ©

rte ib