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f 12 The Canadian Statesman, Bowmanvilie, Wednesday, May 11,1994 Real Estate Deadlines and Policies Deadline for Wednesday Publication is Monday at 12:00 Noon. Any compensation for mors or omissions by The Canadian Statesman will be limited to the value of the space occupied by the error in the advertisement. ^ Please phone 623-3303 and ask for the Real Estate Sales Department J 40th Year for Real Estate Board The Oshawa and District Real Estate Estate Board (ODREB) is celebrating its 40th Anniversary this year. The Oshawa and District Real Estate Estate Board is a professional trade association association which represents over 800 Realtors in the Durham Region. Realtors Realtors is a registered certification mark which identifies real estate professionals professionals in Canada who are members of The Canadian Real Estate Association, Association, their provincial real estate association association and their local real estate board and as such subscribe to a very high standard of professional conduct and adhere to a strict code of ethics and standards of business practice. The Region of Durham, along with all local municipalities in the area, have proclaimed the month of May 'REALTORS MONTH' in honor honor of this occasion. ODREB President, Anita Witty says the goal of REALTORS MONTH is to inform the public about the benefits and many advantages advantages of dealing with an agent who is a member of die local board which she adds will soon be renamed Durham Durham Region Real Estate Board, once the Ministry of Consumer and Corporate Corporate Affairs gives its final approval. To celebrate the name change the Board is conducting a logo contest with the top prize of a computer going going to the winner. The deadline for entries is May 13th, 1994. "Our agents live and work in the area and many arc very active in the community. They're also knowledgeable knowledgeable about the workings of the different different levels of government in Durham," Durham," says Anita. "The result is they've become familiar with the local local zoning bylaws, planning department department activities and future real estate developments." She says board members attend many educational seminars and take various courses to stay on the cutting edge of this very exciting industry making them the highly trained people people ihat the home buyers and sellers in Durham have come to expect. "We are very pleased and excited about our 40th Anniversary celebrations," celebrations," says Anita. "It marks an important important milestone for our organization organization and promises to be an exciting time to see where we've been and where we are going in the future. The major event planned for REALTORS REALTORS MONTH will be the KENDAL - WHITES RD. - 132 ACRES Beautiful treed and open parcel. Over 3000 ft. road frontage, 2 streams, new survey. Older house - needs complete renovation or demolish and rebuild. LAND VALUE ONLY! OPEN TO A REASONABLE OFFER! Call Lois Wideman Gormley Group Realty Ltd. 1-905-883-3095 Evenings after 5 p.m. 1 -905-887-5488 TïfUCTOk* Mill OPEN HOUSE 240 Andrew Street, Newcastle Saturday, May 14th and Sunday, May 15th, 1:30 - 4:30 p.m. East from the traffic lights to Arthur, North to Andrew. Do not miss this one!!! Move-in condition, stretched single car garage, separate dining room plus, plus, plus. Asking $139,900. Lucien Lambler, Broker. WHEN IT COUNTS, CALL FLETCH SOLD IN ONE DAY FOR 96% OF LIST PRICE. Donna Fletcher CALL DONNA FLETCHER, SALES REPRESENTATIVE, Lucien Lambler, Realty 697-0992 / 623-6128 © PETER KOWAL Real Estate Limited Broker 52 King St. W., Bowmanvilie 623-2453 s/7/i v.vr; howm ia i //././: and area since ivss The Little Office That's Big on Service IT'S TIME TO BUILD: LOT -118 feet frontage x 362 feet Drilled well-Trees NOW JUST $59,900. LOT - Bowmanvilie building lot backing onto parkland. 95 ft. frontage - severance available. Call for details. Can't be duplicated! Michael Oxenham Sales Representative * LISTINGS INVITED FOR THE SPRING MARKET * DON'T HAVE YOUR LISTING GET LOST IN A BIG CATALOGUE! Seniors -- Commission Rates Negotiable CALL FOR CONFIDENTIAL "KOWALITY" SERVICE. © Real EÜ wmkm Estate with Betty Smith EXPROPRIATION Expropriation may be defined as the taking of private property for public use (such ns the building or expansion of a highway) without the consent of the owner. Historically, since land was granted by the crown, it can be taken by the government or any "expropriating authority" empowered by law (such as die Ministry of Transportation). Tite authority will serve expropriation notices to all registered land owners and it is a real shock when you're informed dial part or all of your properly is to be taken. Relax and act rntlonallyl Your property will lie taken if the expropriation is "fair, sound and reasonably necessary." You must, however, bo compensated at "fair market value" plus damages attributed to disturbance, loss of income, relocation costs, legal costs and any other provable expenses that may be incurred because of die expropriation. This is where things may get a little complicated. There are, however, a number of legal avenues for appeals and negotiations extending all die way up to die Supreme Court of Canada, Contact your solicitor for advise and assislnncel You could win a 1994 Pontiac Grand Am SB by listing or selling through me in 1994. Please eall for details. I can ho readied at Family Realty 2000 Ltd., 1 King Street West, Ilowmanvillo 623-2000 (24 lir- P»8«r)- © "40th Anniversary Civic Night" it be held Thursday, May 26th 1994 with guest speaker Brian Cassidy, president of CIBC Mortgage Corporation Corporation who'll be speaking on the economic economic trends and forecasts that will affect the real estate industry, certainly certainly an exciting topic. This event will be held at the General General Sikorski Polish Veteran's Hall on Stevenson Road in Oshawa. Durham Durham Region Chairman Gary Harre- ma, all of the local mayors, area councillors as well as MP's and MPP's from the Durham Area as well as the President of the Ontario Real Estate Association, Mr. A.R. Godsoe, have been invited to this very special evening. Anyone interested interested in attending call the Board Office Office at 723-8184. Crimestoppers Needs Help to Solve Robbery Crime Stoppers and the Durham Regional Police are asking for the Public's help in solving a Robbery which occurred in Oshawa on Sunday, Sunday, April 24th. AT 7:10 p.m. a lone male entered the Subway Sandwich store at 600 King Street East after he was seen hanging around the front of the store. The robber approached the counter by the till and asked the clerk if she could change a $20.00 bill. The cash register was opened and then the suspect suspect showed the victim that he might have a weapon in his jacket pocket and pointed it at her. The robber demanded demanded money and then ran from the store. The suspect ran west through the lot and then south across King Street towards Bob Phillips video store. The suspect is described as male, Central.South American, tanned complexion, mid 20's, 5'10" tall, broad shoulders and he might have had a moustache. He had short dark hair, shorter on the sides than the top and the top was curly. He was wearing wearing a 3/4 length greyish-green jacket and blue jeans. Crime Stoppers is asking anyone with information on this robbery or any other serious crime to call. As a caller you will not be asked to identify identify yourself or have to go to Court. A Cash Reward of up to $1000 is being offered if your information leads to an arrest. The Crime Stoppers phone num- 436-8477 that's 436-TIPS. FRANK More Than 33,000 Houses Purchased Using 5% Down In a surge of activity, over 33,000 houses were purchased by first-time buyers in the first quarter of 1994, the Honourable David C. Dingwall, Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced today. Since its inception in February 1992, over 174,000 Canadian households households have bought their first home with a minimum five per cent down- payment, on a federally-insured mortgage, mortgage, under CMHC's First Home Loan Insurance program (FHLI). "The first quarter activity represents represents almost half of the total units purchased under the FHLI program in its first year of operation," said Mr. Dingwall. "The program's success lies in the fact that it has increased access to ho- meownership without added cost to the government and enabled more Canadians to invest in a home to build equity," said Mr. Dingwall. Of the 33,086 houses purchased, representing $3.3 billion of loans insured insured by CMHC, 26,426 were resale units ($2.5 billion), and 6,600 were newly constructed units (over $700 million). Purchases of newly constructed units showed a marked increase. The first quarter's 6,660 new units represents represents 54% of the number of new units insured in all of 1993 and 86% of those insured in 1992. According to CMHC, consumers may have sped up their decision to buy, based on a combination of almost almost ideal homebuying conditions. On a national basis, house prices are stable across the country. Mortgage interest rates were at the lowest they have been in almost 30 years. The five year mortgage interest rate dipped to 7.25% during the first quarter. quarter. This rate has not been this low since 1965. Another possible factor may have been the uncertainty regarding the continuation of Revenue Canada's popular Home Buyers Plan, where homebuyers could use up to $20,000 each of their RRSP funds as equity for the purchase of a primary residence. residence. As was announced in the federal government's budget speech on February February 22, 1994, the Home Buyers Plan was continued, but participant eligibility was changed to first time home buyers only. The change in the Home Buyers Plan, in concert with FHLI and relatively low mortgage interest rates will most likely continue continue to provide great opportunities for first-time buyers. CANADIAN MENTAL HEALTH ASSOCIATION L'ASSOCIATION CANADIENNE POUR LA SANTÉ Depression Help can make a difference mentale For a free brochure about depression, call 1-800-268-0999 Marg Bain Rat Marjerrison Rob Perkin Jack Ricard Hockin's Home of the Week Al Beard Bill Whyte CHARMING AND LOVELY - $129,900. Extremely attractive 2 + 1 bedroom home. Large country kitchen with bay window overlooking matured fenced lot. Hardwood floor in living and dining rooms, cozy rec room with woodburning stove. Schools and park nearby. OPEN HOUSE - SUNDAY, MAY 15,1 - 4 p.m. 16 Park St., Bowmanvilie - Liberty St. S., between McCutcheon's Garage and Memorial Park Brad Hockin Hockin Ken Hockin Real Estate Ltd. Realtor 123 King Street East, Bowmanvilie ' George Wallace 623-4115 , REALTOR W FRANK REAL ESTATE LIMITED ANNOQNG It MOI Over 30 Years Quality Real Estate Service 234 King Street East Bowmanvilie 623-3393 w Management and Staff of W. Frank Real Estate Limited, Bowmanvilie, are pleased to announce and • welcome LEONARD WELLS to our Sates Team. LEN has dedicated his career to a full time Real Estate Profession and is committed to ideals of integrity and high ethical standards within the Real Estate business. LEN invites all his friends and acquaintances to call him for professional, competent service. You can reach Lcn at the Bowmanvilie Office 623-3393 or at his residence 623-7817. Charlie Reid* John Shewchuk* Doreen Tillson* Terry Witherspoon* JUST LISTED - ORONO Super home - 3 bedrooms, separate dining and living rooms, completely finished. Shows like a doll house. Must be seen. $132,900. Charlie Reid*, 623-3393 or 983-5914. 100 YEAR GRIST MILL - BLACKSTOCK Gorgeous lot with stream. 3 bedrooms, original floors, family room, living room, 2 baths. One In a million. $164,900. Charlie Reid*, 623-3393 or 983-5914. ORONO REFORESTATION 10 acres. Ranch bungalow with finished basement, 6 stall horse barn. Super location. $279,900. Charlie Reid*, 623-3393 or 983-5914. Ann Van Dyk* 623-3393 OVER 1 ACRE .DING QÏ In area of prestigious homes - scenic Kendal Hills. $54,900. Ann Van Dyk*, 623-3393 or 623-4638. BEE ™smb] EXECUTIVE BUILDING LOT Bowmanville's best neighborhood. neighborhood. 1.3 acres. Just 2 minutes to downtown. Excellent value, $89,900. John Shewchuk*, 623-3393 or 623-5927. PRIME RETAIL OR PROFESSIONAL SPACE Bowmanvilie. King Street plaza, parking, air conditioning, first class all the way, Ideal for lawyer, chiropractor, business office, gift shop, you name it. $1,800. Net. John Shewchuk*, 623-3393 or 623-5927. John Shewchuk' 623-3393 CHEAP OFFICE SPACE Excellent parking, clean modern offices from $300 per month. Includes utilities, you can't afford to miss it. Bowmanvilie. John Shewchuk*, 623-3393 or 623-5927. OPEN HOUSE - SAT., MAY 14 2 - 4 p.m. 39 Mill Street, Orono Contury boauly, 4 bedrooms, 1 1/2 storey, 2 baths, main floor family room. Lot 60'X 161'. $139,900. Charlie field* 623-3393. i'IlliWlilltiill lll OPEN HOUSE - SUN., MAY IS, 1 6130 Boot Rd„ Orono A Capo Cod Beauty. $359,900. 10 Acros, absolutely gorgeous Inside and out. 2901 sq, It. with 5 bedrooms, hardwood floors, Como and see. One of the finest properties In the area, Charlie Reid* will be there to greet you, 623-3393. OPEN HOUSE - SUN., MAY 15, 1 - 4 p.m. Beautiful 3 bedroom family homo on almost 1 acre. Main floor family room,, kitchen with walkout to deck, separate dining room and many more features, Just listed. $184,900. 1 mile east of Newcastle on Hwy. #2. Ann Van Dyk*, 623-3393 or 623-4638. © miasm