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Two Acton subdivisions attract new home buyers Acton has two subdivisions under construction at northern and southern ends of the town which are attracting much attention as well as swelling population figures The Corporation Ltd 318 home Acton Meadows project is aimed at buyers who can afford homes in the ItissituatedontheformerScynuckfarm Kmgtiam Hill Estates townhouse development is restricted to families earning between and per year Houses sell from and with down payments starting at 196 Although unrelated both projects are attracting buyers from an area encompassing Mississauga Toronto and Acton and district interested in saving several thousand dollars over prices closer to Toronto Big Savings Tony Shanley construction supervisor at the clean looking subdivision estimates home buyers from the Toronto area save from to by buying a house in Acton The most expensive model in the Acton subdivision the Ashbrook sells for 250 He estimates a similar house In Toronto would be priced at of the homes in the first phase of the Acton Meadows project have been sold and four families are living in them although It is only three months since construction started a world wide construction firm has more than building projects in Britain France Australia and Asia The Acton subdivision Is the company first venture into the home building field in North America but it will shortly be lined by new projects in Markham Barne and What induces prospective purchasers to consider buying a home In Acton the Free Press asked Tony Shanley this week It is within easy commuting distance from Toronto and the combined rural town atmosphere lends a special charm he said He also agrees with subcon tractor Chris Duiker present for the interview the fact children do not have to cross busy Highway to go to school was a contributing factor Second phase of the Acton Meadows project homes Is almost ready to begin The sub division agreement has been signed and it is expected construction will continue through the winter months The company expects to begin phase three in the spring and continue until the homes are finished Our problem is getting them completed fast enough for says In a soft Irish brogue The second phase of the project will extend as far as REELECT William A McLean ERIN TOWNSHIP COUNCIL Vote Dee Continued Good Representation Acton Boulevard on the Mill St side of the subdivision which extends from Wallace St to Churchill Road uncluttered look of the Acton Meadows subdivision is assisted by underground telephone and hydro services Sidewalk curbs and paved roads are already Installed in the first phase Much favorable comment has been generated by the planned look of the subdivision Natural features such as the tiny creek have been landscaped and add to the genera appearance Good cooperation Bovis is pleased with the co operation of municipal officials in Acton Although the company has no more land In the area Tony says he would not be surprised if additional building acres were purchased when they become available project has also provided local tradesmen with of work and district people are used whenever possible and others come from Burlington and Toronto homes come In three and four bedroom models both bungalows and split levels All have garages and luxury features Gas fired heating is used heating is one of the features at the Kingham Hills which have been attracting local and district buyers We wanted people in Acton and the surrounding district to get first chance to buy a house in the development said Berry ofAlteo Forty of the houses in the first phase have been sold Berry sees them as an out standing value which will increase over the years Similar townhouscs in George town which sold for to last year are now reselling for he claims Both Berry and his partner Smit point out similar houses in are selling from to So far say the company has been able to absorb large price increases in building products since the project was started but they are wondering how much longer they can keep prices down especially in the house second phase of the development fhcre has been a 30 to per cent increase in lumber prices since got their Main Street South development above ground Delays In construction starts which originated in the bureaucratic jungle surrounding house building also cost the company about 60 which Alf Berry says would have been passed on to the buyer Monthly payments for the units range from to 171 The mortgage interest rate Is tailored to the income of the purchaser by Central Mortgage and Housing Corporation Amortization period of the mortgage loan that Is the length of time required to pay It off also varies For those In lower income brockets it Is extended to years from the years usually associated with a mortgage Owners of condominium development such as the King ham Hills Estates hold title to the unit they occupy and own jointly with other purchasers common elements such as land parking areas and playgrounds A management company looks after mowing lawns shovelling snow and exterior maintenance on houses Owners elect a board of directors which looks after management Alf Berry the Acton development will be one of the most attractive townhouse developments in Ontario when It is completed All services are underground and the land contours in that part of Acton lend much to the appearance of thi project Many of the houses are ready for occupancy and owners are finding they can move In with not one Hunt to buy There is also a complete basement for recreation purposes since no heating units clutter up cellars Preferred interest rates and extended repayment periods put the units within reach of wage tamers who could never hope to own a home under present conditions There may be a difference of 15 years it would take two purchasers to pay off a mortgage One in the lowest wage bracket of per year could pay for his home over 40 years at the preferred rate of i per cent A neighbor with an income of would pay his mortgage off years at per int crest Both purchasers would make a down payment of 106 on the PRICES EFFECTIVE THROUGH SATURDAY DECEMBER GREY CUP FEATURE 01 WON RETURNABLE A COCA COLA OUR MONEY BACK GUARANTEE TO YOU Our policy offer you Low Everyday Price PLUS Weekly Advertised Special We guarantee that our advert special arc priced lower than our competition and we w II back up guarantee with a Cash Refund to you for the d in price upon proof that any of our adverloed may be purchased at a lower price elsewhere in the shopping area GRADE A LARGE EGGS ROBIN HOOD FLOUR DROWN GOOD FOODS OZ LOAF BREAD GARDEN COCKTAIL SUNLIGHT LIQUID DETERGENT MAXWELL HOUSE INST COFFEE GRANULATED SUGAR 69 lift chicken DINNERS Of STORE HOURS MOM THURltAM- TO CHRISTIE PKG OF I HOT DOS ROLLS FAST FREE DELIVERY OPEN SUNDAY 900 AM 600 PM H Coles Photo MODEL HOMES at the Bovis Corporation Acton Meadows of the project is completion with homes sold The subdivision are situated on Wallace SL providing picturesque company intends to build frontage for building on the former Seynuck farm First phase Ninety Eighth Year No ACTON ONTARIO WEDNESDAY NOVEMBER 1972 Second Section UNIT PHASE of Kingham Hill Estates on Acton Construction will soon submit plans for the second phase southern boundaries is partially ready for occupancy Forty of H Coles PI the condominium town houses are sold and developers Alteo leaving Sib 503 to repay on one mortgage Monthly at the top of the scale would be at the bottom which includes taxes and the expenses shared in common All houses have three and full basements sliding doors to rear patios on stairs parquet storms and screens It is estimated that when the projected houses in both the and developments are Alton population will ruth people a figure 50 per cent the present figure Flood exercise by Halton Peel Valley Conservation Authority and Emergency Mea Organizations from and Peel Counties staged a communications exercise With potential flooding during a regional storm or flooding as a theme the idea was to find how well public agencies Involved would react Ron Beattie EMO and Doug Peel co ordinated the exercise using the administrative offices of the Credit Valley Conservation Authority as an operations centre About 60 volunteer radio operators from the Lake Ontario Citizens Band Radio Club and REACT also assisted Authority staff advised on the flood prone areas of the Watershed and the type of flooding situation which can be expected should flooding occur Problems were encountered with communications and lack of familiarity with the Watershed However an action plan will be prepared as a result of the drill to meet possible future flood problems Report theft Ihe Maui St laundromat reported to police loss of about in dimes from their dryers GRAND OPENING SALE CONTINUES J Swivel Rocker SPECIAL NOT EXACTLY AS ILLUSTRATED COMPLETE LINE OF FURNITURE APPLIANCES TVs STEREOS OPEN EVERY DAY TIL CHRISTMAS 9 am to HALTON FURNITURE and APPLIANCE 352 QUEEN ST E ACTON 8530211