NEWS photo Neil Lucente

Sunshine Giri

NINETEEN-YEAR-OLD Kathryn enjoys reading the
novels of V.C. Andrews. A favorite hobby is scuba
diving and she is planning to pursue a career as

an architect.

ANN MARIF SWEENEY,

B.A, M.S.W. , LL.B
BARRISTER & SOLICITOR

.« WILLS, ESTATES & TRUSTS
* FAMILY LAW & MEDIATION
¢ POWER OF ATTORNEY -

* REAL ESTATE & MORTGAGES
* SEPARATION & DIVORCE
* COMMITTEESHIP

922-0131

#201 - 1590 BELLEVUE AVENUE WEST VANCOUVER V7¥V 1A7

Since 1976

2 on

Digg

CLUTCH SPECIAL

*199°*

Regular $259.95
Includes clutch disc, ftelease bearing
and tabour (pressure piate extra charge).
Most 4,6,8 cylinder cars.

f OW). CHANGE SPECIAL

| 26° see |

on oil change, fitter & iube,
23 Pia ethane includes Bans and FaLOUr

{Across trom ICBC

” Where the Parking is Easy”

97 CAMRY'S

ae)

iain, Centre}

$10.00 off Tune-Up with Coupon
Includes Basic Parts & Labour

4 Cyt. 6 CYL. 8 CYL.

‘North Vancouver }

|BRAKE SPECIAL |

R SAVE 4 00 cen BRAKE PKG.

From page 3

But, says Aghtai, ‘‘North Van-
couver is way behind in both de-
velopment and appreciation.”’

It used to be that anything
below Keith Road was considered
undesirable. It was a bad area,
more industrial. But it is water-
front and waterfront is a limited
and valuable commodity.

Prior to January 1988, prices as
high as $260 to $290 per square
foot were being asked for new
luxury developments on the North
Shor

But the high interest rates of the
past two years have resulted in
prices dropping drastically to $190
to $220 per square foot.

Developers believe that these
prices will not jump back up as
quickly as they fell.

Victoria Place on 123 East
Keith Rd. was ready for market-
ing a few months prior to The
Sailview at 125 West 2nd St.

Being first on the market and
being on Keith Road — the
psychological boundary between
upper and lower Lonsdale — the
project sold quickly. Ninety per
cent of the units in The Sailview
sold within six months, primarily
to North Shore residents. -

The Olympic, marketed six
months after the Sailview, is 50%
sold and has been selling primarily
to downtown residents.

The tallest building in North
Vancouver was developed by
Cressey Development and is ap-
Propriately named The Obser-
vatory.

Located at 120 West 2nd St.,
the 29-storey tower has three,
two-bedroom suites per floor, all
with large balconies ranging from
200 to 350 square feet.

There are two penthouses, each
with 1,000-square-foot sundecks.

The Sovereign, on Eastern

VANCOUVER
CANTATA

SINGERS Pera

q

Director: James Fankhauser

Cantata Singers

at the Ballroom
SUNDAY, NOVEMBER 3. 8PM
HOTEL VANCOUVER BALLROOM
with duo pianists

Markham and Broadway
in Brahms’ Liebeslieder Walizes

and

The Winds of Vancouver
ina new work by

Ramona Luengen

Sponsored by Hotel Vancouver

TICKETMASTER OUTLETS: 280-3311
INFORMATION: 921-8568

‘964-3638 |

sg
ONLY Reg $198.98

2 disc & 2 drum WIT-4 THIS COUPON FF

| Brake job includes machine turn 2 rotors, &

2 drums, heavy duty brake pads & shoes,

m repack wheel bearings (metallic pads extra).

NO OTHER SPECIAL WILL APPLY WITH
THIS OFFER
FREE BRAKE INSPECTION

Friday, November 1, 1991 —- North Shore News — 44

N. Shore condo market surplus
expected to dry up in two years

Avenue (near 17th and Lonsdale),
is the only new highrise develop-
ment in central Lonsdale.

All 53 two-bedroom units were
sold in less than six months for
$200,000 to $400,000.

McLean Management, the de-
velopment company behind the
project, attributes the fast sales to
the location — cluse to banks,
Lions Gate Hospital and recCen-
tre Lonsdale.

The building was sold primarily
to North Vancouver residents, in-
cluding some first-time buyers,
mostly in their "30s and °40s.

On the upper end of the scale
are two towers in West Van-
couver, Les Terraces and The
Westroyal.

Les Terraces at 2250 Bellevue
Ave. in West Vancouver is
perhaps the most unique tower on
the North Shore.

With the exception of a two-
storey penthouse, each three-
bedroom residence occupies an
entire floor and has water and
mountain views and plenty of
deck space (210 to 410 square
feet).

The second floor is devoted to
an indoor pool and health spa.

There are three parking stalls
per suite, two in a private garage.

Grant
Botto

=
Realty

‘You deserve the best...

CALL 984-SALE

Additional guest parking is pro-
vided.

The building is being marketed
locally through the Sussex Group,
and to date, three of the units
have been sold — all to Van-
couver residents, .

Developed by Viam Holdings,
The Westroyal, at 320 Taylor
Way, has 101, two- and three-
bedroom suites, each with
solarium, large balconies, eight
appliances and two parking stalls.

The tower has an indoor pool,
health club and exquisite land-
scaping.

In addition to the tower, there
are 10, three-bedroom
townhouses; to date, the tower is
40% sold

According to the district plan-
ning departments for North and
West Vancouver, no new devel-
opment permits have been issued
for residential towers which means.
there will be no new construction:
beginning for at least a year.

There is currently a supply ©
surplus of luxury condos in the
North Shore market that will dry
up over the next two years. North
Shore real estate agents concur
that by the time the next group of
buildings is complete, there will be
a demand market again.

Mr. Frank Wolle, President at
Wolfe Chevrolet Oldsmobile Lit

is pleased to annguace ine ne ap
pointment of Mr. )
Sepehrt as a Sales cong
Kiu brings with him 18 years of
automobile experience, and in-
vites all his North Shore
customers to contact him.

WOLFE CHEV OLDS
293-1311 1550 BOUNDARY RD.

(DEAD BATTERY?

WE DO JUMP STARTS

North Shore Taxi

a

Cali 987-7171 or 986-4111

OMT STRINGS ATTIRED

a
ON Surioay Cone ENIby BRustyt
An ove senventy HARIUST PQ

//A-Ay.

~L2EM.

MlSo, WERE oF E/N Nonny

AbiEMBER IT FOR. y
Been Alp Dulce.

He MARINE DBEIVE re

M: Veal

G2- 9 E3E