Marginal increase in vacancy rates

METROPOLITAN VAN- market analyst. at CMHC's Annual rent jncreases
COUVER'S apartment Vancouver office. ‘Demand were also up moderately
vacancy rate inereased for rental accommodation — over the past 12 months.
slightly in April to 2%, up remains strong, which will
from the 1.6% rare recorded allow vacancy rates to The average rental rate
in October 1992, according — decrease by year end.” for one-bedroom apartment
to Canada Mortgage and The highest vacancy rates units increased by 3.7%
Housing Corporation's in the Vancouver metropali- from) Aprit, 1992 to April
(CMHC) semi-annual Rent- tan area were recorded in 1993, while two-bedroom
al Market Survey Report Delta and the East Hastings uaite increased by 1.6%,
released recently, area at) 3.7% and) 3.6% © Three-hedroom units, which
“The modest increase is respective The lowest are fewer in number and
due mostly to the seasonal vacaney rate vas, once — therefore in greater demand,
movement of students in the again, found in White experienced a somewhat
cily’s universities and cole Rock, unchanged from the higher 2.6% increase in
feges,"* suid Ray Toscani, — previous survey at 0.7%, average rent.

ROGER JUNG
657-0645

“OPEN” BY APPOINTMENT

Pa

“LYNN VALLEY
BEAUTY”
3200 BERMON PL.
Uniquely foated with “greenbelt”
on 2 sides of home and on cul-
de-sac. 3 bdrm., family rm. on
main floor, loads of privacy in this
1818 jamily tome. Fully finished
basement fexcellent storage
aréz) for all the “extra” space,
bedroom, rec room, ote. etc. A
must see 41 £338,000.
ROGER JUNG
NEWS photo Brad tedwitge 857-0645, 986-9321
MATT ROBLEY, of Salt Spring island, demonstrates the art of sheep shaaring to
over 100 spectators recently in the new barn at Maplewood Farms in North
Vancouver.

WINN
CHUNG
671-8260 (Cell.)

ROY
CHEN
623-7263 (Pgr.)
| 980-4338 (Res.)

PECTACULAR VI F HARBOUR & CITY

1970 H 5 : : moe This very private executive home,
aro i f located in central Sentinel Hill on
: i : : : ! a large lot 121'x116; boasis a
, A: Pry panoramic view of Stanley Park,
A) Sk B : . : i ch Lions Gate & Downtown. 3500
Ci Hi ‘ fi ei ;: > : a ory heen ae sq.ft., 5 bedrooms, 3.5 bathrooms
Ome Onie 0 : 5 ag : a ke aeiads th (full ensuite in the master bdrm.)
‘ 3 ° j ‘ ; y The tiving joo opens onto a large
V/ 4 P, y b i ‘ 4 an : i balcony & patio where you can
' ancouver § Secret ’avadise A) Of j ; ‘ ; Bore { barbecue or just take in the city
; ; lights, In addition there is a pent-
* i house apariment suile which is
great for guests or extended fami-
2 ; wes ee . akg eerie ly & many extras! Don't pass u
West of Denman, extremely peaceful , “ee i fea this fabulous pppotiunity. P

1/2 block to the park and lagoon 876 Keith Road, West Van.
Luxuriously and spaciously appointed suites
2 suites per floor — 1.5 in total
2 bedroom (1152 sq.ft.) at $299,600, or
2 bedroom plus den/three bedroom (1459 to 1500 sq.ft.) y ee vo
The ultimate penthouse (2,679 sq.ft.) . : apy CHRIS CHUANG
]| bes be : Bus: 738-1060
Open Sat. & Sun. a ae PNT : SPA: i Cell: 649-1839
2-4 p.m. or shown .
by appointment

<3 2 3 2 x
Exclusive Marketing Per an D te Bel ae f} og samcensme b ; 3) 849 CLEMENTS AVE.
Agent Reg = Bee | i 3 A ie % (CANYON HEIGHTS)
ari . ” Ae re as | ok Pa i : $419,000
Anne Marie Chan , I 11 So ee 6 oe 1 8 at ey or ‘ 2 “this 4 yr young 8 bedroom §
263-1911 be 8 it is : : Be a ide] home is a winner! Features high §
5 oat i Oly rae ceiling entrance & living space, f
gas marble fireplace in tiving &
family room, kitchen with island §
a. Eg a | : i ‘ ke : : counter, adjacent family room.
c bad 1h Papen EAB o| 8 oe sae eo selective & expensive light
; fixture, well colored coordinate
wallpaper throughout, Bil}
vacuurr & single garage, full
jandscape level backyard. Hurry!