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Real Estate:The Oakville Beaver, Wednesday, Jan. 26, :1994 â€" 2 o o o o o o 0 o o 0o 0 o 0 0 o o 0 o o o 0 0 0 o o 0 o o o o 0 0 0o o © # e € a 418â€"2 North Semvicera. £. _ §WB 2 $ 842â€"7000 "@ : © @ €% Independently owned and operated @ LOADS OF LIVING SPACE GREAT Aâ€"level backâ€"split on huge 75 x 140 lot. Inâ€" BUILDING law suite with separate entrance. 5 car 15 unit bldg., Burlington paved driveway. $231,900. Please call lTocation. Wailking KRIS SARIC 842â€"7000. distance to lake. Low vacancy rate. $775,000. For full details .please colh KRIS SARIC 842â€" CALIFORNIA DREAM BIG HOUSE, Forget those winter blues in this very cozy BIG LOT warm Alterra built home. Very unique New 3,200 sq. ft. design, California shutters; Florida ceiling Senator on 50‘x147‘ skylight. Not to be missed. Call MARK ;ré%gdecli?f' Ci?gsr:ic;s ERICE $42â€"7000; hrdwd. firs., gas FP, _ MARK uest : ensuite. MARK PRICE RICE 842â€"7000. SalesRep. o o o o o 0o o 0o 0o 0o 0o 0 0 0o 0o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0o 0 o POWER OF SALE Executive 4â€"bdrm., 3â€"beath, F/R, W/O on quiet crt. ‘ © Great area. $259,200.â€"Calll. ; RALPH SNELGROVE _ 842â€"7000. AT THIS PRICE â€" WHY RENT! Take advantage of this great buy plus low interest rates to own" your own place. Whether you are just starting P out or empty nesters wanting to take it easy â€" this is it â€" 2 bdrms., den, 4â€"pce. bath, sunken L/R with FP. Call now to view. LAURICE LAURICE KOSSOWSKI KOSSOWSKI Associate Broker Assoc. Broker 842â€"7000, 842â€"3539 On the Money with Gordon Pape PAPE‘S TIP: "Beware of unexpected taxes if you buy a U.S. vacation property." Sunbelt properties: Are they worth it? Spending a couple of weeks in the sun every year is one thing. Buying a property south of the border is something else. Unless you‘re planning to live there several months a year, it‘s usually not a good idea. PITFALLS Minimal appreciation: Few sunbelt properties appreciate in value. High turnover means supply When all the costs are added _ ;. usually exceeds demand _ upâ€"mortgage, taxes, maintenance e and keeps prices down. _ cheaper and less trouble to rent rather than buy. Hard to sell. Oversupply Tax considerations means your ‘For Sale‘ 1. Local snowbird taxes: Some communities have sign may be up for higher property taxes for absentee owners. Ask. months or even years. 2. Federal estate taxes: If your property is worth more than U.S.$60,000 , U.S. estate taxes apply. Mortgage headaches. Your heirs may have to pay duties up to 55%! U.S. banks do not like to _| 3+ U.S. income taxes: Rent from vacation property lend money to nonâ€"U.S. is liable for U.S. income tax. 30% of gross rental residents. Some good . income must be withheld by property manager. news: Cahada Trust will 4. No help from Revenue Canada: Sunbelt homes now érrange mortgage don‘t qualify as deductible rental property if used financing for snowbirds. by owners for extended periods. CAROLYN LOFQUIST Assoc. Broker HALL OF FAME I 418â€"2 North Service Rd. E. GLEN ABBEY â€" NEW LISTING «8â€"bdrm., 3. bath. Link home recently redecorated on main floor. Large eatâ€"in kitchen with w/o to fenced garden. Single garage. CAROLYN LOFQUIST 842â€"7000. WEST OAKVILLE Beautiful 3â€"bdrm. home in excellent condition. Large ensulte bathroom dressing room, fam. rm. with FP, central air garage. Mature lot. Close to amenities. Across from greenbelt. CAROLYN LOFQUIST 842â€"7000. JUST LISTED! WEST OAKVILLE Detached 3 + 1â€"bdrms., 4â€"level sideâ€"split. Large corner lot, heated inground pool. WO to cedar deck, spac. fam. room with FP, central air central vac, hardwood floors, double garage. CAROLYN LOFQUIST 842â€"7000. ENCHANTED WOODLAND ESTATE This 3â€"bdrm. detached bungalow sits on over 2 acres. Open concept, skylights, cathedral cellings, 2 FPs, w/o to deck. Dream home. A must to see! CAROLYN LOFQUIST 842â€"7000. PRIVACY PLUS! Charming 4â€"level on private treed lot. Inground pool, 6â€"person spa, intercom, security system, central vac., central air, as FP, 4â€"bdm.. w/o from fam. rm., inished bsmt.., more. CAROLYN LOFQUIST 842â€"7000. LARGE LOT Detached 3â€"level split, updated kitchen, large ~rec. room.. hardwood floors. In‘re'rloc|k walk patio, private yard. Lot 150‘%x81‘. CAROLYN LOFQUIST 842â€"7000. NEW LISTING â€" EAST 2â€"storey, 4â€"bdrm. upgraded home. Top of the line broadloom. Upgraded ceramics. Freshly painted. Shows like model. Quiet street. Good size lot. A must see. CAROLYN LOFQUIST 842â€"7000. o o o o o o o o 06 0 0 00 60 6. 0 6 o o o‘e w n n v un % t p k sn n c un c T. n n 7 c n t To T t n on t ul e ce o Tt o h ie c l t o c db d B B M A PB B 3 2004 3 4 40. I 4# } J j i 1