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8 The Canadian Statesman, Bowmanville, August 14,1991 W. Frank Awards 10K Winner $10,000.00 t ' i - t '■ -, ; \\ i i j: i 1 tj i, i * L On the evening of July 25th, W. Frank Real Estate was pleased to welcome real estate salespeople of many companies from far and wide to their special 10K draw and cocktail party at the Holiday Inn. The people invited were those who had listed or sold properties which had been designated as 10K properties. properties. For each of the 10K properties sold, the selling salesperson was given a 1 in 50 chance to win $10,000.00 (10K). The main event was in the form of an elimination draw with the Guest of Honour, Honour, Hon. Michael Starr, pulling the tickets. The excitement excitement mounted when the remaining participants were reduced to 10 and climaxed when Ray Borrett of REMAX REMAX Genesis had his card pulled, leaving Norma Shaw of W. Frank's Fenelon Falls branch $10,000.00 richer. The 10K concept was im- 19 Scugog St., Bowmanville 623-4428 NEWTONVILLEAREA 158 acres, 120 workable, spring fed stream, mixed bush, 2 road frontages, newer horse barn 63 ft. x 27 ft., century stone house, asking $629,000. OPEN HOUSE SUNDAY, AUGUST18TH 2 to 4 p.m. 240 Andrew Street, Newcastle Just Listed - Newcastle Village 1 year old, 3 bedroom quality bulk Victoria Woods home. Everything you could ask for, location, centra] air, 170 ft. deep backyard, wakout from greenhouse kitchen, $154,900. Price Includes 5 appliances. Directions: 401 to Newcastle, take Mill St. cutoff to Highway No. 2, east to Arthur Street, then to Andrew St., follow signs. "We*re working harder in Bowmanville and area to serve you better" , KFfYSTYNA JONES ; SUPER VALUE | Bright and tidy, 3 bed- I rooms, 2 baths, hardwood floors, Easy commute. NORTH-END BUNGALOW $ 158,500 Recently renovated older bungalow with detached garage - I 200 amp. service - large well treed lot - huge master with skylight and walkout/reno kitchen/woodstove in living room. Call Patricia Lange at 623-4998 to have a tour! i WE' ^ NANCY BARNES ' i Sales Assoc. WORKSHOP 22 x 36 x 16, 200 AMP SERVICE 3 ACRES - BUNGALOW IN COUNTRY New window, skylight; central air, large deck, many more 1 features, call me for details. Nancy Barnes 576-31 1 1 or | 623-6860. GORD BARNES Assoc. Broker COTTAGE OR LOT Winterized 2 bedroom home with full walkout basement, $144,900. or 80 x 211 1 lot. $119,000. on Lake Scugog. Lovely sandy bottom and easy drive. Call Gord Barnes 623-6860 at home or Office 576-3 III. 24 HOUR PAGING 576-3 I I SERVICE 1 1 1 80 Athol Street, Oshawa L; I ft v W S d- ef, f: S' «V; ?" & plemented by W. Frank Real Estate to increase showings of their listing by giving the real estate community an added incentive. Should I Buy A New Home? If you're contemplating buying your first home, do you find yourself continually tom between the pros and cons of home ownership, ready to take the plunge one day and getting "cola feet" the next? Admittedly, owning a home is not for everyone, ■ and you must consider your personal needs very carefully carefully before taking on this large responsibility. But home ownership is, without a doubt, one of the wisest long-term investments you can make - and one of the best ways to provide for your financial well-being. If you feel like you're experiencing experiencing the proverbial "to-buy-or-not-to-buy syndrome," syndrome," maybe you question the true benefits of home ownership and you wonder if the sacrifices you'll have to make are really worth it. If you're like many people, people, you may even think there are better investments than owning a house, and your best bet is to continue renting and invest your money elsewhere. You may be surprised to learn, however, however, that over the long term, one of the best ways to achieve financial security is through home ownership. One of the easiest ways to evaluate your decision to buy is to ask yourself, "If all else were equal, would I rather rent or own my home?" It's safe to say that most of us would opt for home ownership. Your' decision to buy should also include a thorough thorough assessment of your financial financial situation and how well you manage your money. money. You should realize too, that a house, in essence, forces you to save. Each mortgage payment buys you a larger portion of an appreciating appreciating investment. When you've paid off the mortgage, you're left with a sizeable asset. And along the way, you and your family will enjoy enjoy many years of shelter, security and the shared joys only a home can provide. Other Factors , There are two additional and related factors that make home ownership financially financially attractive in comparison comparison to other investments: investments: leverage and capital gains exemption. When a relatively small' amount of your money controls controls a much larger asset, it's called leverage. For 25 per cent, 15 per cent or as little as 10 per cent down, your hard-earned cash can be used to acquire a house worth tens or hundreds of thousands of dollars. The more you are "leveraged," the greater the financial return return on your initial investment investment (down payment) as the value of your house increases. increases. For example, let's say you buy a house for $100,000, with a down payment of $15,000. You house then rises rises three per cent in value for a $3,000 gain, giving you a return of 20 per cent on your initial investment ($3,000 divided by $15,000 = 20 per cent). In real estate, leveraging leveraging is a powerful way to make your money work for your. Few other investments can be purchased with only 10 to 30 per cent of your own money! The increase in a home's value is called a capital gain. When the value of most investments such as stock or term deposits increases, increases, you pay tax on the capital gain. However, the government allows Canadian Canadian taxpayers to be exempted from paying capital gains tax when their principal residence residence increases in value. For example, if you live in a home that increases in value by $50,000 over 10 years, you pay no tax on the $50,000 capital gains when you sell. ,:n. 214 King St. East, Bowmanville 623-4445 eel van 85 King St. West, Newcastle 987-4733 Ajax/Toronto 686-0477 The Small Company that is Big on Service" REALTY LTD. A \=7 V f Edvan Realty is pleased to announce that Murray Paterson and Glenda Bedard were the top selling representatives for the month of July for the Company as a whole (In a tie that was a boost for the Newcastle branch). Congratulations and best wishes for Glonda Bodard continued success. Murray and Glenda would like to thank their clients for making this possible. They may be reached at our Newcastle Office 987-4733 or at their residences - Murray, 987-4628 and Glenda 987-4316. Murray Paterson Norma Shaw of W. Frank Real Estate's Fenelon Falls office is pictured here being being presented with a cheque representing the $10,000.00 she won in W. Frank's 10K draw. Pictured with her are Walter Frank, President of W. Frank Real Estate and the Guest of Honour for the evening, Oshawa's Hon. Michael Starr (former Federal Minister of Labour). HOCKIN REAL ESTATE 123 KING ST. EAST, BOWMANVILLE 623-4115 EXCLUSIVE LOCATION 2.19 acre vacant building lot north of Bowmanville with view for miles. Suitable for home with walkout basement. Agent will help to arrange for builder. Priced to sell at 499,000. WELL LOCATED This beautiful, 3 bedroom, two storey with attached garage is well-built and well-maintained. Has a unique family room, ensuite in master bedroom and much more. Priced to sell at $194,900; . EXECUTIVE HOME Two storey, (our bedroom home In exclusive district of Bowmanville. Beautifully landscaped lot on quiet street. Many extras. Call now lo view. $204,900. VILLAGE SETTING ALMOST NEW Newer, four bedroom, two storey home, all brick to the eaves. Over 1/4 acre ravine lot. Gas fireplaco and largo inground pool. $229,900. MAPLE GROVE 3 + 1 bedroom, brick bungalow with 2-car garage on country-size lot. Largo, main floor family room, fireplace, central air, central vac, built-in microwave oven, screened gazebo and much more. $174,500. MARY LOU MINTZ Sales Representative BOWMANVILLE - COMMERCIAL Corner lot with brick building and lots of parking. Asking $350,000. ' MOVE ON TO THE COURT Beautifully decorated, tour bedroom home on oversized lot In central Bowmanville. Be ready 1er back to school. Ottered at $188,500. MEDICAL OR DENTAL CLINIC!! Commercial building In downtown Bowman- ville has good Income potential lor Its existing existing Cl zoning. Owner can also tenant part ol property, It owner occupied. Vendors anxious. $289,000. Call now 1er an appointment. 1989 Trophy Trailer - all appliances deck, $25,000. Mobile Home - very private location, good starter, $52,800. Mobile Home -14 x 60 with addition, easy commute, $60,900. Solid Brick bungalow - garage with loft, excellent residential area. Asking $149,900. For these and many other properties, Call David Passant** 623-6000 or 623-3408 LET'S MAKE A DEAL Fully renovated semi, min. walk to town, large eat-in kitchen, large 2 car garage with workshop. Only $119,900. Call Paul DeJager* 623-6000 or 623-2712 TRY AN OFFER Beautiful, fully detached 4 level backspfit, a must to see. Only $142,900. 5 LEVEL 3IDESPLIT Four levels finished, Kitchen has many upgrades. Professionally landscaped. A must to see. Call Ellen Bush", Sales Representative, at 623-6000. COUNTRY SETTING! Custom built ranch bungalow with large eat-in country kitchen, kitchen, 3 bedrooms, central air, airtight airtight wood stove, family room, rec room. All this on a nicely landscaped 1.26 acres. Asking $239,900. Rod Doris* 623-6000 or 983-1832 (Res.) 15% DOWNPAYMENT! 3 bedroom detached home with double car garage, large assumable mortgage at 9 3/4% due July 1994. $900. monthly income, tennant would like to remain. Only $165,900. - ■ ryi t , &.V.x • . Wk :ïKls l Beautiful 3 + 1 bedroom backsplit. Lovely landscaping, professionally decorated, 1 - 4 and 1 - 3 pc. baths, handy to all amenities. Asking $174,900. Air conditioning, flexible possession. Call Kay Brown*, 623-6000 or 623-3150 cornerstonereàlty ltd .11 iS! 104 king st. e. /* iikX/tilfe bowmanville 623- 428-1206 (Toronto Line) ** Associate Brokers * Sales Representatives Doug Humphrey** Alf Annis* Kay Brown* ■ u Paul DeJagdr* Shirley Dubroy* Lionel Edmonson** Vinnie Gupta* Carol Hallman* Gord Hooey* «'«Mm JoAnn Jukes* Tony Klompmaker** Linda McLennan Maurice Moon* Paul Pasgas* David Passant* 1 Donna Butler* Rod Doris* k, > I . if' I- OPEN HOUSE 15 ROWE ST., ORONO SUN., AUGUST 18th 1:00-4:00 p.m. Completely renovated 3 bedroom (2 up/1 down) home. New windows, custom built kitchen, 200 amp. service, 2 car attached garage. Asking $159,900. Go along Main St., Orono, to Station St. to Rowe - follow signs. For Further Information, call Linda McLennan* 623-6000 (Bus.) or 786-2440 (Res.) 24-Hr. Pager CUTE AS A BUTTON! KEEP COOL!! Charming 2 bedroom, fully 4 bedrooms, 2 storey de- finished bungalow, 1.5 car tached, fully finished, 16' x garage, fully fenced lot. 38' inground plus sauna. FOR ADDITIONAL INFORMATION, CALL Carol Hallman* 623-6000 (Off.) 623-2706 (Res.) 428-1206 (Tor. Line) OPEN FOR INSPECTION! SUNDAY 1 - 4 p.m. 6 Clinton Court, Bowmanville 4 McAullff, Newcastle Large executive 4 bedroom homes, 3 baths, main floor family room, central air and lots of extras. extras. Anxious vendors want them soldi OPEN HOUSE SATURDAY 1-4 p.m. 7 LAMBS UNE, BOWMANVILLE 3 bedroom plus home with family room, separate dining room and pool too. All for $139,900. For these and other properties call Vinnie Gupta* at 623-6000,24 Hr. Pager or 987-1709 Res. OPEN HOUSE 1611 Brownsville Rd. S., Newcastle SUN., AUGUST 18TH 2 - 4 p.m. Beautifully decorated country bungalow on a large 100' x 150' lot and 24 x 32' garage. Vendor transferred. Reduced $18,000. NOW ONLY $149,900. No. 2 Hwy. east to Brownsville Rd. S. Watch for Remax signs. FOR FURTHER INFORMATION PLEASE CALL Off. 623-6000 DIANNE WARREN* Res. 987-5654 .f ..... OPEN HOUSE SUN., AUG. 18,1 - 4 49 Division St., Orono 3 + 1 bedroom, finished top to bottom, large lot, take the time to see this home. For more Information on these and others Call Gord Hooey* 623-6000 or 623-6217 HOBBY/HORSE FARM 8 stall barn on 4 acres, pad- docks, jogging track, 3 bedroom bedroom bungalow, family room, shows well. Only $214,900. Professionally landscaped, 3 baths, 2 - 4 pc and 1 - 2 pc„ 2 storey detached, 3 bedrooms, finished recreation recreation room, too many other features to mention. Attractive 2 bedroom, finished finished rec room, 1 - 4 pc., 1 - 2 pc. baths, attached garage, garage, large fenced yard and many other appealing features. For additional Information Call Lionel Edmonson** at 623-6000 (Off.), 432-1633 (Res.) - 24-hr. Pager Donna L. Butler* 623-6000 EXECUTIVE DREAM 4 BEDROOM 2 STOREY HOME Large master bedroom with full ensuite. A home that provides many modem day comforts, central air, built-in dishwasher, dishwasher, walkout from kitchen and much, much more. Over 2,300 sq. ft. of living pleasure for only $199,900. For viewing please contact Donna L. Butler* 623-6000 or Res. 987-1848 A REAL BEAUTY $229,900. Large 4 bedrooms, main floor family room and laundry room. 3 baths, large pie-shaped lot. Shows to perfection. REDUCED TO $129,900. TRY AN OFFER Country home in Orono. 1/3 acre, large kitchen with w/s 2 baths, includes 4 appliances. Shows very well. Call Joann Jukes* 623-6000 or 987-3265 BEHIANY Immaculate brick bungalow, decorator) with flair, extra deep lot on quiet dead end village throat. $115,000. Mmm I ■ralsm NEWCASTLE 12 rolling ocros with conlury homo and $60,000. kennel. Torrilic opportunity $219,000 ENNISKILLEN 1 1/2 storey homo plus barn on huge village lot with severance potential. $233,900. BUILDING LOTS $59,900-$64,900 .26 Acres - .6 Acres Town Water Available. $5000. down with Vendor Financing at 10%. ORONO Spacious bungalow, detached garage, over 2 acre lot with woods and stream. $101,000. BOWMANVILLE Ralsod bungalow, only 3 years old, family room, two four pc, baths and nppllnncos, $120,000, For Information on these properties or a current market evaluation of your property without cost or obligation, please call us CALL DOUG HUMPHREY or SALLY STAPLES broker/owner 623-6000 associate broker .... , ' • ' ' 1 ». ■ . - . v. ••■■■■*■ ■ »