Halton Hills Newspapers

Acton Free Press (Acton, ON), August 9, 1978, p. 31

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Roal Estate Show Placo Aug Toronto housing demand expected to break records In list year s survey it was predicted 1977 would be ihc year of tie home thai salts would strong were same for compared to built in 1976 ably from 1UG50 suites limit in Apartment i IJTII I facto of According to researches A I Metro loronlo residential red transactions processed through registry reathtd on increase of J or r mil the trans it lions recorded for all of 1H7I disc figures reflect all residential salts which in tlud private and 1 sales is probably in the most position experienced lost few years due to supply This means a grralcr selection w ilhin affordable personal limil plus an excellent supply of financing available at 1974 mortgage rales time of writing there- were approximately toil homes on the Toronto Heal stale Hoard Multiple I Service and approl matt 4000 pletcd homes on Warranty program in Hit Watershed irea The breakdown of homes according Association is If ion dominiums semi detached and AW family dwellings Thus he homebuyer has about 41 homes to from I construction in Metro reached units in expected to Im tJTti figure of nulls constructed as building department show I units were tunstniilitl in he first nine months I lust figures do nut down llie of the guidelines Thus average annual rent increase granltd is almost double the limit because tan justify their increases on cost basis Average rents to Rage Housing figures are for a for a one hedrooin lor a Iwu lied room and J or bit the ship or pub Ittivuur sour building deparli lb it almost hall ire reniit I bus the rental pitture does not look encouraging One of strongest reasons for rental there islbt flluJIJpJi Unit it i personal Also Ihis reduced of construction in the renfal sector dots not appear to he positive contribution to Metros already dinger low apartment vatanc factor of 1 per tent low availability of rental units with an intreasinR net migration factor of about Hi people i sear into Metro area place in creased pressure on rtnls with rent control ii i fail lhal maximum dovvnpaymtnt of IKki or belter three and four bedroom or cm be purchased or Kill or a month more Ihnn the average rent of a three includes interest inxes and common fees allows the purchase r to possess some equity the properly Also a recreation room mil two appliances art basic in man projects Condominiums still prove to be a very viable invest mtnl especially by the first mi ho me buyer and their increase in worth has risen faster on the average than the single lathed home Hi statistics show the Im average price of an ip mere istd per tent to Ihe row increased 4 tent to i4 from ITU i ml single home mire per tint to ion from t It ill ilions based on ac I inns processed through the re in 1I7 or this total figure there were 7 il homes will the- bung resales A breakdown by type of duelling shows this figure contained single semi detached home ales 7fj7 row condominium sales and apartmenl condominiums Thus he total condominium ownership ales represented parable to adding Ihe entire and semidetached homes population of to because have atcumu lll population through condominium projections it clear that ownership loronto still will remain the Metropolitan Toronto number one growth Planning ixpects business the of million will into re 4 millionth and excellent for present t the and future properly owners is I because as population re It million grows toiitinutddtmand will tain of iltlv on the housing and prices should stars Or it would be toll I lav checked heater ItRish I rent In fact his pressure already has mounted as evidenced by the average rent increase Rranted by he Ontario Kent in Metro Toronto of 12 J per tent The limit granted each year before October was previously per cent and has since been reduced to per in accordance with I Wage Increase should be flushed from itevtrj month Near he bottom of the lank tin re is i valve just or this purpose Use it to drain scural buckets of lank the stdimcnl will keep the healer efficiently A clean air r helps j our run efficiently Check the ir filter In jour tar engine sales Another interesting factor hi during Ihe past jears condominiums owners regularly Dirt in the litter to the engine gasoline Are jou thinking installing central air con ditiomng this tar he advantages of a heal pump system This device uses outside air In heating and cooling and tan cut annual heating and cooling energy costs as much as GO per cent if you have resistance heat News from the Canadian domain at Metro Toronto Zoo Spring sprung up all over in the Canadian Animal Domain til Metro Toronto Zoo this year Almost every in the valley boasted offspring There were 11 valuable sheep lambs and the Zoos first antelope was born lo a mother painstakingly handreared in the home of Overseer As a young ster the mother had broken her leg and Herb and his wife Mabel nursed her possible odds Now shes a successful mother enjoy ing her huge wilderness paddock in the River Valley arc capable of running at up 100 kilometres per hour and are native to the prairies The Zoos first born possibly also the first to be bom east of the Miss A herd of rare wood bison were placed the Domain by ihc federal government for winter and now there arc three calves Theres a pup existing happily with Ms parents and two bears m a compound near Station There are innumerable fawns black laded and white lailed deer and Zoos four Arctic wolf Toronto Zoo moves silently past a herd of pups The ride ihc Rouge River Valley is free with admission and a highlight of any Zoo visit The irain is air conditioned in summer heated in winter The valley provides a virtually undisturbed forest selling for the large the Zoo is S3 for 50 for seniors and cent 12 children and under are under free There are many facilities eluding a Family for nursing and diapering your baby and snackbars wheelchairs and strollers Special discounts for groups free guides when available Please book at least 14 days in advance The Zoo guide book for is a worthwhile purchase II describes several Zoo trails eval uating each with regard lo weather and the amount lime you have For further information call 416 284 recorded 284 8181 Write Melro Toronto Zoo Box Weal Hill Ontario M1E4R5 cacocvfsmAvscKVA i Hi t Like a house on lire lull Ml IUW Willi It Id weUher f often emit he 111 ike whiel easts tin spud IK is- tires led It ariotis parts tit the litnl listless xpostdl I floors over Ml over unbilled hi the step toward nit lit- s the ftt Of and I wills mil fit do this or ry I liy It of I run irlmem tit 1 run Mines ind lies lilt he lie J I in Ihisis ivul insulation in

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