56 - Friday, November 24, 1989 - North Shore News NEWS photo Mike Wakefield A PIDGEON surveys the passing scene from the network of girders on the bridge cross- ing the Capilanc River on Marine Drive in West Vancouver. “CAPE COD WITH VIEW” 6260 NELSON AVE. OPEN SUN.1-4 Lovely 4 bdrm. farnity home with a suile for the grandparents. Liv- ing room, family tcom, dining area, kitchen plus three bdrms., all tace this water and mountain view. En- joy the sundeck overiogsing an lish garden Just minutes to ¥y & Hey. #1, schoo, eic SANDRA JOHNSON 645-5480, 988-1175 $257,500 OPEN BY ns APPOINTMENT 1240 WEST 23RD STREET Fomberton Heights. 3 tbdims , Po baths, 2 flreplaces, Jarge sunny tiv: ing icom. Total i765 sqtt fin olus sue potential dows. $257,500 NICK STOBBART 985-3793, 984-1175 SUCCESSFUL REAL ESTATE SALES MITTEN REALTY fakes pode ints sales trarmoag pragnim: #acd management guidance tor nee and cuiently licensed salespeople During ot 24 years of operator we have beeu successful in tralong and managing many of fie in- dustry’s top producers ASk about out Generous commission schedule: and benefits For confidentalintervigw cali GEORGE WHYTE 988-1175 KEN CIEWOLD 922-9355 Pacific Rim THE ANTICIPATED dom. inance of the Pacific Rim in the 2ist century represents unprecedented opportunities for growth within the Cana- dian real estate market, forecasts George B. Soteroff, president, Royal LePage Asia Ltd. “It is likely that Canada stands to benefit from Asia's propensity to build wealth through expat activity and through the broadening and expansion of trade and in- vestment ties with North America, its largest and most important trading partner,’* predicts Soteroff, a featured writer in the 1990 Royal LePage Market Survey. The survey, released nationally recently, is a to make market impact comprehensive analysis and forecast of residential and commercial real estate mar- kets in Canada. Soteroff suggests that in- vestment in Canadian real estate from the Asia Pacific region will be mainly derived from Japan, Hong Kong and Taiwan, A proportionately lesser amount of investment will be sourced from Korea, Singapore and Thailand. In many instances, Asian investors will be attracted to Canada as a result of its: vast storehouse of natural resources; stable democratic government; strong economy; and, enlightened immigration policy which welcomes wealthy en- trepreneurs. “Equally important, Ca- nadian residential and com- mercial real estate offers off- shore investors the oppur- tunity for access to North American investments as part of their concerted in- ternational diversification Program,’’ stresses Soteroff. These qualities not- withstanding, Canada must be prepared to aggressively push for its fair share of Asian trade and investment opportunities. “At present, Japanese capital investment in the United States represents ap- proximately 4G per cent of Japan’s international ia- vestment. Canada enjoys barely two per cent,’’ notes Soteroff. Environment to affect real estate AWARENESS OF, and concern for, environmental issues in the 1990s will be responsible fer the creation of a whole new business discipline in the real estate sector, predicts David G. Elfis, vice-president and manager, Royal LePage Real Estate Consulting Services. “The squandering of the Earth’s resources and the fouling of our land, air and water will become less toler- ated in the 1990s with the result. that envizonmental management will einerge as the global business theme of the next decade,’’ forecasts Ellis, a featured author in the 1990 Royal LePage Market Survey. The survey, { released recently, is a com- prehensive analysis and forecast of residential and commercial rea! estate mar- kets in Canada. Ellis notes that users of busitiess accommodation al- ready are aware of the adverse effects of asbestos, PCBs, indoor air pollutants, computer screen glare and CRT emissions. Continued cencern over these. issues will place additional importance on the effective design and mianagement of commercial buildings. Additionally, says Elis, user demand for energy effi- cient commercial and resi- dential buildings will be a driving force within the real estate design and develop- is needed t Upper level renovaied ment marketplace. “This will Gecur, not so much as the result of energy costs as was the case in the early 1980s, but more out of concern for the impacts of nuclear generated power and the abhorrence for fossil fuels-induced acid rain,’’ he noves. With the trend toward redevelopment of older in- dustrial sites, tomorrow’s deveiopers will also have to pay more attention to soils testing, says Ellis. He adds that an inability to cope with ever increasiug mountains of waste will also dictate the need for new design measures and processes to facilitate the re-utilization or recycling of resources. | $249,000 | “ELBOW GREASE” oO finish up the basement. is a lovely 2 bdrm., nicely horne. Come and make some money. Contact 007 ... KEVIN LYNCH 988-1175, 984-9831 LINC KEVINEENCH 988-1175/984.9631 [ si03.000 ] “DESIRABLE UPPER LONSDALE” Very solid two level home with inc red: bie large and matute yard. Some cosmenc work afd this two level house is home. Only $303,000, To view, call LYNCH ... KEVIN LYNCH, 984-9631/988-1175 The best buy o yout Christmas | Thies oneis bot! { 1915 Glowalra L.. KEVIN LYNCH 988.1175 {e n a <5 ih nm th by the gorgeous gis 2 [ $239,000 | ee GREAT VALUE! Ho the entre Month Shore? Eayoy bobictays vai ane AEN HEHE replace Melae and enuy! Hight! Ploe Call tee erates cfd. Orive. Contact on? 984-9831 $174,500 | ths fhe lowest paced Gung fett oon the Math hore! 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