Oakville Beaver, 29 Dec 1993, p. 27

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L596 , 536 *‘) &g’ ____ 418â€"2 Notth Service Rd.E «+ 842â€"7000 BMR ENE Y EAa monmextsenmentartientextips As a general rule, a vacancy rate reaching 3% proâ€" vides renters with a reasonable choice. Persistently high vacancy rates in many metropolitan areas are forecast to moderate in 1994, according to the latest results of Canada Mortgage and Housing Corâ€" poration‘s October 1993 vacancy surâ€" vey. In October 1993, 18 of 26 cenâ€" tres had a vacancy rate of 3% or more, about the same number as a year earlier. Vacancy rates should drop in ©94:CMHC h 5@&5 Wiches f o "% R 7;67%/%& 4 a / Aiy : armP Seasor!lâ€" & To all my o/?%g&g 04‘/?//(/& and ao/éa;«é:? may 1994 bo a tegpy (habthg ind : f//(we(y, DORIANA MALLIA ., Sales Rep. REMAX ABOUTOWNE REALTY CORP 842â€"7000 Prosperous Jear. CMHC‘s foreâ€" cast shows that vacancy rates will moderate during the next year in many centres. "The improvement in vacancy rates will be widespread, but will not be large," said Greg Goy, CMHC‘s manager of Local Market Analysis. The averâ€" age vacancy rate of all major centres combined is foreâ€" When rates exceed 5% for a prolonged period, choice gets better, but new rental construction is discouraged. High vacancies have persisted in many centres in 1993 for two main reasons. Slow ecoâ€" nomic growth and high unemployâ€" cast to decline to 4.6% in October 1994 from 4.8% in October 1993. ment have reduced demand for rental units. In addition, low interest rates, a large supply of affordable homes for sale and two popular â€" federal housing programs have allowed many renters to become homeowners, thereâ€" by, freeing up rental units. In 1994, a slowly improving econoâ€" my and relatively stronger consumer confidence should strengthen the deâ€" mand for rental accommodation. & YVONNE LITTLE 338â€"9000 @ o 0 o o o o o 0o 0 o 0 0 0o o o o o 6 o o o o o o o o <#338â€"9000 Almost new is better, especially backing onto greenbelt for privacy! This delightful 3â€"badrm. semi gives you lots of extras! Only $169,200. East Oakville, raised bungolow with eatâ€"in kitchen, walkâ€"out to deck and inground pool Private mature lot. Extras include family room with fg(efiloce, sauna and much more! $234,800. Walk to shops, parks and GO. Fabulous 2‘/2 s?ocelhome on the banks of Sixteen Mile Creek, with riparian nghts to have your own boat dock! Asking $795,000. Turn of the century oflglnal Duke Estates gatehouse; 5 bdrms., 4 baths, a fabulous unique blend of country charm with today‘s updates. $379,000. Luxurious lifestyle can be yours in this lovely 2â€" bdrm., 2â€"bath condo. Eatâ€"In kitchen with views of Toronto skyline. Sep. dining room, family room. Wonderful rec. facilities and spectacular Lake Ontarilo views. Asking $284,900. OLDE OAKVILLE â€" WATERFRON LAKEFRONT CONDO! LOCATION & PRIVACY YVONNE LITTLE 338â€"29000 YVONNE LITTLE 338â€"9000 LOOKING FOR NEW?? YVONNE LITTLE 338â€"29000 YVONNE LITTLE 338â€"9000 "THE GATEKHOUSE" Associate Broke

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