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HOME OF THE WEEK ONCE IN A LIFETIME Executive storey century stone house on acres completely Workable with barn and drive shed This bedroom homo with hugo living room dining room Family room and fantastic complete with built ins comes to you in showroom condition Vendor will assist In mortgaging 8770104 HALTON HILLS AREA PARADE OF HOMES Study Reveals Higher Lot Prices An examination of the possibility of increased of the system of financing municipal services by local improvement taxes wis a strong recommendation contained in the report of a year study of costs in the residential land development process in Canadi The study Costs in the Land Development Process was unvtiled at the 33rd Annual Conference of the Housing and Urban Development Association of in Ottawa lost month Author of the report Andrrez Derkowski urged the federal government to undertake five other recommendations dealing with the provision of serviced land These recommendations included Explicit recognition of housing supply as one of the concerns of planning controls Creation of a positive force to countenct iTI the restrictive ones in the development control process This be achieved by charging an appropriate provincial department with the responsibility for monitoring the adequacy of the total supply of building lots with powers to intervene in all the planning development controls systems at the provincial and subordinate levels in the interest of lousing production Exercise of some measure of control over local municipal servicing standards and levies in the interests of the housing consumer Elimination of fiscal disincentives to housing production to suburban municipalities by means of a pooling of the resources of the entire metropolitan and or provincial subsidies Redirection of at least a portion of provincial funds and efforts from the acquisition of raw land for land banking to the construction of sewage systems other necessary to open up new areas for development where such ex would have more direct and immediate effects 1TIFS STUDIED The study was undertaken by as a project of the i Research Committee with financial assistance provided by the Manufacturers Council and Central Mortgage and Housing Corporation under National Housing Act Ten Canadian cities were selected as test areas to examine the com ponents which make up the total cost a purchaser pays for the building lot when he or she buys house The cities representing all of Ihe five major geographical regions ore Halifax Montreal Ottawa Toronto Winnipeg Saskatoon Edmonton Calgary and Vancouver The general research method adopted involved the measurement of the increase in the price of single family detached lots in each of the 10 metropolitan areas over a year period and the breakdown of the prices into their seven main parts raw land servicing municipal levies tarrying charges consultants fees overhead and profits This scarcity has tended to drive up new house prices by directly in creasing the price of lots and by creating a situation in which the scarce lots were used for houses for middle and upper income earners leaving none at the lower end of the scale The scarcity has also con tnbuted to increased concentration in the industry and generally restricted competition to the report It states that the scarcity of lots is created partly by the negative em of planning controls which are aimed at the prevention of un desirable development without much regard for housing production These controls usually involve several levels of government plus a large and growing number of cies with diverse and often divergent interests Derkowski said that one group frequently opposing new housing are the local ratepayers who typically are the only public in public participation in the planning process They tend to be established home owners who have no need for new housing and often view it as a disruption of their neighborhoods Prospective purchasers of the new housing are seldom consulted However Derkowski pointed out the overriding problem is a general lack of awareness of the manner in which planning restrictions on land development can drive up housing prices the consequent failure to balance housing production against the multitude of opposing interests in the land development approval study indicates that the existence or absence of a public land bank is not in itself a determinant of lot prices The cities with the highest and lowest lot rices Toronto and Saskatoon both ave public land banks in operation 8770104 ACRES 000 ACTON BRICK BUNGALOW home could be yours LOOK AT THIS Spacious four bedroom back spill on choice lot In Georgetown family room extra two bam throughout to view this superb property Asking tit WO ULTRA MODERN EXECUTIVE LIVING Cathedral ceilings powder room floor toccll ng fireplace shag broadloom Donna Heritage Sandra Nairn Peter Thornlon VI Bonneville DAVID JACKSON GEORGETOWN TORONTO Sandra Hurley Barbara 7731 Colin Carroll Ten a roe en HUNTER REM ESTATE INSURANCE LIMITED 122Guelph Georgetown A Pleasure To Show Brick and aluminum rosed bunga with stone trim and attached garage brig til living room and dining room eat in kitchen bedrooms 7 baths L shaped roc room with bar games room large enough lor pool table utility room Covered patio at rear Well landscaped lol close to schools and shopping Excellent existing percent mortgage A pleasure to show Price feU A Real Family Home Has almost of floor space with largo bedrooms with off master bedroom Largo living room and dining room large eat In kitchen This home Is all brick with attached garage and new paved drive on larger than average lot on east end crescent Good existing percent mortgage For more particulars call this office Immaculate Custom buill bedroom brick bungalow family room on choice corner lot close to schools and shopping Extras include Mono fireplace stove fridge washer and dryer Early possession and excellent terms available OFFICE 877 OR 877 5165 IRENE CURRY 877 LLOYD CRIQHTON HUNTER 877 HUGH HUNTER A AC I APPRAISAL MANAGER 877 ANDERSEN Suite LU Queen Street East Brampton Ontario LAV In Town of Del I storey bedroom home over 1000 HALTON HILLS PRESTIGE HOME spacious bedrooms fireplaces k double garage 1 sere lol Con located only about 7 miles Brampton Shopper World If you look lor a large home r stream call Andy Anderjer 457 NOW MISSISSAUGA AREA bedroom broadloomed thru TOO Coll f home Ask IEVELDPMENTLAND In ihe Village of Erin Ex lor or other type RURAL BRAMPTON COUNTRY Charming bedroom rand countryside Broad thru many other extras k transferred the BEAUTIFUL LAKE JOSEPH hove for sole a year round homo acres th 205 It lake frontage spacious bedrooms large I fl Terraced if to Brochure lablo A VERY LUCRATIVE BUSINESS NATURE LOVERS 10 acres of beautiful lond In Er T ship ponds stream and trees Id Except buy at only Cflll Andersen FOBERT STREET GEORGETOWN ONTARIO 8775213 FOQERT REAL ESTATE LTD REALTOR TORONTO First come first served bedrooms large living room and everything very neat It got be the best deal in town So acre In town Quiet bedrooms family room r arrange suitable financing A RARE COMBINATION Super acre lot soil flowing stream I water foils pond AND brand new home bedrooms garage Superb workmansh throughout Wo be proud to show you j PEACEFUL ERIN Largo roomed t years old terrific shape and room Is really something Look again priced only JOHNSON CARNEY fe GLEN WILLIAMS PINE TREED LOT Relaxing country living on exceptionally beautiful acre with You will appreciate the serenity and comfort this bedroom home Log burn fireplace In family room Excellent percent mortgage Call us for details 8775261 Canada Trust 8779500 TREES TREES TRESS A beautiful A bedroom storey Georgian style home In the heart of an estate In Brampton a near acre of year trees circular drive and portico baths ilreploce percent This Is a very unique property REALISTIC COUNTRY HOME Hurry to have your choice colors and tor this lovely new bedroom bungalow with baths eat In kitchen bright living room walk out basement on lovely lot overlooking bush Five appliances alto Included the price 0 TRANQUILITY PLUS Country living lis best minutes from Georgetown and home features a large Inoround pool plus other attraction for living one A piece bath and 3 piece bath finished rec room on a beautiful Iandscapedoneacrelotwlth215 frontage RETIREMENT PLANS Are you retiring and want peace and quiet Is being on a acre ravine lot with treed lawn nestled In the Terra hills with bedrooms large living room beautiful bright eat In kitchen is all yours for 154 in Mooreliead arauia MSI Connie David Tlnglay Frank Murphy Max Harris Marlon Hamilton Tod WATSON I MA If MAIN ST S GEORGETOWN ONTARIO TORONTO LINE 41 ASK ABOUT OUR BRIDGE LOAN PLAN