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Real Estate

B.C. considers
R. E. foundation

CONSUMER AND Corporate Affairs Minister
Jim Hewitt has announced he will introduce legisla-
tion in the upcoming session to establish a B.C.

Real Estate Foundation.

The Foundation would
fund projects and programs
relating to real estate matters,
such as public and profes-
sional education, real estate
law reform and research.

The organization would be
wholly financed by interest
on general trust accounts of

real estate agents, Hewitt
said.
“Currently, the interest

earned on these accounts is
held by banks and other
financial institutions. My in-
tention is to amend the Real

' Estate Act to activate these:

funds in the public interest
and for the betterment of real
the
province,”

Learn

TAX TIPS for Seniors will be
given at a series of three free
afternoon public lectures on
the North Shore on “The In-
come Tax Puzzle - am 1 get-
ting all my tax deductions.’’
. The first lecture will be
Tuesday, Feb. 12 at 1:30
p.m, at the North Shore
Neighbour House,: 225 East
2nd St., North Vancouver by
senior, counsellors Joyce

=

$199,000

$149,000

Blvd. area.

921-7474

: ahouse “o name in real estate

This is a home I’m excited about. |m-
agine 3500 sq.ft. of pure luxury,
beautiful. finishing, 2. years old,
superb grounds, 88x150 ft. fot, miles
of granite, oak, brick and marbie.

Altamont — gracious little rancher
resting on a nice view lot. Drive by
3070 Mathers, 2 bdrms. and quiet.

Large corner lot (93 by 132), massive
sundeck, 2 car garage, 5 bdrms.,
new rool, fully fenced and Seymour

Hewitt said the Founda-
tion is expected to have ac-
cess to $500,000 - $1 million
per year, depending on activi-
ty in the real estate market.

The organization would be
administered by a five-
member board consisting of
the Minister of Consurner
and Corporate Affairs or his
appointee; a person (other
than a real estate licensee) ap-
pointed by the Minister; and
one representative from each
of the following grouns: the
Real Estate Association, the
Real Estate Council, and the
Real Estate Institute.

Hewitt said that projects
undertaken by the Founda-
tion would be selected on the

basis of their ‘‘contribution
to the public good."

The British Columbia Reat
Estate Association (BCREA)
applauded the announcement
by Hewitt.

Ina public statement
BCREA president Herman
Wiebe said, ‘‘Our assocvia-
tion, and other organizations
in the real estate industry
have teen pressing for the
formation of this Foundation
for several years. Mr.
Hewitt's announcement is in-
deed welcome news.”

“The B.C. Real Estate
Association commends the
Government of British Col-
umbia on its attention to this
significant matter,’’ said
Wiebe, ‘tand we look for-
ward to an amendment to the
Real Estate Act allowing
these funds to be activated in
the public interest and put 10
worthwhile goals.”

about tax

Schmalz and Joan Blair.
The second will be at the
West Vancouver Senior Ac-
tivity Centre at 695-2Ist
Street on Friday, Feb. 15.

Silver Harbor Centre, 144
East 22nd Street, North Van-
couver will host the third lec-
ture on Wednesday, Feb. 20.

Seniors are advised ‘to’ br-
ing their tax forms and phone

a $232,000 5

Upper Brit. Prop. overlooking golf

course! Truly immac.,. with formal

LR, family rm., 3 bdrms. and beautiful
2 bdrm, suite down.

the centre of their choice to
register: North Shore
Neighbour House'- 987-8133;
West Vancouver Senior Cen-
tre - 926-4375; or Silver Har-
bour Centre - 980-2474,

A question period is plann- .

ed. Tea and coffee will be

served.

.For further information
call 985-7138. ‘

$199,000

“The Architect Designed’* — close
in location on Kings, 3 years, 4
bdrms., 2450 sq.ft., unfinished bsmt.

Lot.

1045 MILLSTREAM

VIEW

Vendor will carry

149,000

926-7831.

17 - Friday, February 8, 1985 - North Shore News

[DOREEN R

eats

GLADYS
¢ va Rd

CANYON HEIGHTS $170's
Contemporary 3 jevel, 10 yrs. old, 4 bdrm., 3
fip’s, fam. tm. oft kitchen. Suite potential in
bem Greenbelt all around. Easy to show!

ifers :

NORGATE RANCHER
On a pretty lot with fenced and private rear
garden! 3 bdrms., plus family rooma‘nd an §
easy walk to shops, schools, etc.

7 *

VIEW LOT — WEST VAN
Holding property close to Park Royal presently
f rented. Overiooks Ambleside Park and view.

NEW VIEW HOME AMBLESIDE
UNDER $200,000!
Four bedrooms, family room with f/place, etc.

RENTA
$650 per mo., Duplex, 3 bdrms.,
| garage ;
$750 per mo., House, 3 bdrms., pool
$850 per mo., House, 3 bdrms., fam. |
rm. - at
PHONE QUICKLY!

POINT GREY
Two level character oldie on quiet
Street close to everything! mortgage
helper in basement. See it soon. Ask-
ing $140's.

£0" SUN 2-4--$129,000

- > 430 SOMERSET

Stroll around the verandahs, admire
the vastness of: the. LR and DA,
wander thru its -4 bdrms., pause in. .
the bsmit. enjoy the view.

$210,000

‘Looking for close-in location, loads of
accommodation and smashing view.
A home with a taste of uniqueness.

$156,900
Moving to Victoria. Not just another
pretty face, this one is 3 beautiful
Starter close in, near school, cosy
and comfy.

ne
$175,000
Well designed 4 bedroom family
home on easy care corner fot. Some
view, family room off kitchen and 18
_ years new.

ey we ay ho:
“O” SUN, 2-4-——$139,000
6783 MARINE
Just a short walk to world famous
Copper Cove beach, Just a short run
to Whytecliff Park. Easy care lot, nice
home. 3 bdems., farms. and games rm.

Beautiful and gracious townhouse.
Multi-levets, 4 years old, one of 4 in
the complex, 1300 sq.ft, and a large
spacious deck.

bell realty