WHEN you only plin on using your (rom private gets small planes and duvars
recreational property for a few Vachoss to recreanonal real cos aurrently

; en . i 4 her share :
weekends out of the year, itmakes —— betehU tnd solt tis wa Odher shared tents
: indude mieetor homes. boats, docks, chisstic

little sense to undertake sucha large oy ind conden
purchase. @ bach quarter interests considered tee sim
Tose 't surprising that the newest rend for ple ceeded real estate so owners are free to re
people buying resort accommodation is selion the open market, re finance or leave the
fer interest” condeminiuny. home to other farnily members or vour estate.
oy developers have jumped inte Besides being fully furnished, the homes at
the market in Whistler this spring. offering the Montebello He come completely equipped
ownership of fully-furnished luxury condo with supplies, original artwork, individually
miniums tor 9] days a vear, selected: antiques. and every necessity: righe
The latest: project to be announced is the — dowa te a corkscrew.
Montebello TP by Park Geor: tdevelop. HE Every home is managed, repaired and
ment of 85 three-bedroom, three-bathroom secured by a team af) professional. Weeks
townhouses with cs, steps from Whistler cleaning services. Landscaping, strata tees,
Village. ‘Fhey will all be sold “quarter share.” property: taxey and annual maintenance are
Although the concept is relatively new to included i) monthly ownership tees.
Whistler, shared ownership is the hottest thing & Owners have two private and sccure lockers
in resort property sales in the US, tor their use. One ts located inside the home,
In Park City, Utah, the home of the 2002 for storing such personal effects as compact
Winter Olympics, shared ownership propertics — dises, spices. ete. The ather locker is located in
have become popular even with those who can the garage for storage of skis and snowboards.
afford sule ownersnip of a resort property. EH owners want more, trey can purchase
They've figured out it's better not ta have the more than one quarter incerest. I owners
full cost and responsibility for a home, when want less, they can pool resources with family,
they will only occupy it an average of 21 trends or business associates and collectively
nights a year, says Park City deseloper Brent bay a quarter interest. Since hames have nwo
Fertin, a veteran of 33 shared ownership pro: master suites, they are ideal for sharing.
jectls, @ Under Whistler’ 5 zoning, Montebello L's
The quarter interest concept in Whistler homes may be rented nightly or weekly.
allows owners to have a decd entitling them to Whistler Blackcomb has nearly reached its
25% use of the property they purchase. masimam “build out.” Strict limits currently
ch suite is fully tumished and protes: fix the number of bed units within the resort
sionally managed, ensuring that the property to 52.500. With maximum capacity anticipat-
is always in top condition.” says Park Georgia ed in roughly two years, real estate prices are
cing consultant Vinee Paylor, “quarter expected to rise.
interest ownership provides a worry-iree way The Monrebello His situated on nearly II NEWS photo Paul McGrath

toa perfect: Whistler vacation, phy it makes acres. It's) minutes from) Whistler and i 5 3 ~
good cconomicg sense.” Blickeomb mountains, steps to Whistler winging sensa ion

According, to information supplied by Phe Village, and close to parks and golf courses.

Park Georgia Group: For information about The Montebello Uf, -Yo enthusiast recently demonstrated his “Rock the Cradle” manoeu-

@ Quarter interest ownership is more than a call the Whistler sales office, roll free, at I- vre at the first ever North Shore Yo-Yo Workshop Series and Tournament held dur-
id. Nearly ty imaginable commodity, 800-546-1888. ing Spring Break at Park Royal Shopping Centre.

v Allnornes offer quiet locations ¥ Top floor homes with vaulted ceilings and Grouse Mountain views.

wo Huge windows for maximum natural fight Vv Large covered or open balconies
vw Superior sound proofing and construction # Hardwood and ceramic tile floors. 6 appliances, cozy gas

quality, far above industry standards. fireplaces, and window coverings included.

Worried about leaks?

The Vogue is the only building in British Columbia to be covered by !masco Minerals Third Part
Water Penetration Warranty for an entire 10 year period.

LONSDALE AVE,

Visit us today at the Vogue Presentation Centre.
Open | - 6 Daily (except Friday) 124 West 3rd Street, North Vancouver
or call Cliff Armstrong Pager 623-7215 sutton Group - Express Realty