46 - Friday, February 20, 1986 - North Shore News

SPACE WITH GRACE

$189,900

— 3 bed., split level
~—— double carport, large yard
large, large rooms

private, quiet street

1555 RENA CRES.
W.VAN.

LONSDALE QUAY is nearing completion, with an official opening date

HEWS photo tan Smith

set for April 12. The development of the exclusive waterfront property
includes condominiums, a public market, a new hotel and a public park.

SUNNY S.EAST SUITE

$58,900

— 1 bedroom & balcony
— swimming pool & sauna
— close to city & shopping
— faces Vanc. Harbour

#1408 - 2016 FULLERTON
WOODCROFT

EXECUTIVE

$199,000

— beautiful interior staircase
— kitchen with sep. eating area
— view forever/close to beach
— luxury plus: ‘'The Mermaid’

#1003-1485 DUCHESS AVE.
W.VAN.

Real
estate
| market
booming

[lOCS real estime market is
booming. as reflected: in se-
cond mortgage statistics
released os the Ministry of
Lands, Parks and Heusing.

Phe ministers projects a 23
per cent increase of BoC. se-
cond mortirages issued in the
JOSS RO fiscal veur. ut en
expected cost of S41 million
Tor $300 mortuages,

Last vear, gaverniment se-
cond wortgages toratied
4.88), ar a value of $38.7
milhon

“These firtres indicate
thar inere people chan ever
are emtering the real estate
market, many for the first
Hime a healthy economic
indicator and a sign at
sound housing paticies,* a
MInistey spokesman said.

Vhe provincial seeand
MOrtpaye progriny is desien-
ed for people who need ad-
diugonal financing ino busing
a madestly-priced home.

Government Joans of up
to $10,000 are available,

To qualify, the price of
the home must be within set
limits, currently $85,000,
The mortgages are available
only 10 qualified B.C. resi-
dents who have never before
received a provincial gov-
ernment) grant or second
mortgage.

ELEGANCE