The Independent, Canadian Statesman Weekender, Bowmanville, Saturday, March 26,1994 29 Local Firm Represented at Builders' Product Night LAWYER Peter E. Heslin, LL.B. Real Estate Wills Mortgages Family Law Pickering-Ajax Bowmanville 1305 Pickering Parkway 36 King St. E. Suite 304 623-5554 Call Toll Free - Region of Durham, and Toronto 1-800-567-3926 The Oshawa-Duiham Home Builders' Association held a "Product Night" on Tuesday, March 22, at the General Sikorski Hall in Oshawa. The evening included a banquet, the official kick-off to New Homes Month and displays from about two dozen companies providing products and services for the local local building trades. Here, John Little, of Rushwood Truss, a Division of Millwoik, is shown at his company's company's display booth. Rushwood Truss is based in Bowmanville. REAL ESTATE LIMITED H ' il 1 19 Scugog Street, Bowmanville 623-4428 Of Non-Profit Housing in Ontario The federal and provincial governments governments today approved the development development of 2,074 non-profit homes to be built in Ontario over the next two years. These homes will be built by 41 non-profit groups in 28 municipalities municipalities under the federal/provincial nonprofit nonprofit housing program. "This is the last year of what has been a very successful partnership with the Province of Ontario to provide provide non-profit housing to local communities. communities. The federal government will continue to look at ways of addressing addressing the wide range of affordable housing needs and promote job creation creation and economic growth in Ontario," Ontario," David Dingwall, Minister responsible responsible for Canada Mortgage and Housing Corporation (CMHC) said. "Non-profit housing provides accessible accessible and affordable housing and create much-needed jobs in construction construction and other related industries," Evelyn Gigantes, Ontario Minister of Housing said. Through this program, municipal, private and co-operative sponsor groups provide affordable housing in their communities for both rent- geared-to-income and market-rent tenants. People eligible for this housing housing include low-income families, senior senior citizens, single persons as well as people with special needs who are able to live independently. Of the 2,074 homes announced today, today, 1,476 rent-geared-to-income units will receive a total of $561 million million subsidies. Sixty per cent is paid by the federal government through CMHC and 40 per cent is paid by the provincial government, through the Ministry of Housing. The remaining 598 homes will be subsidized solely by the province and include both rent-geared-to-income and market- rent units. The subsidies will be spread over a 35-year period. Based on the particular needs of the local community, the housing sponsors determine the appropriate mix of income groups for each individual individual development. Since 1986, more than 26,000 units have been committed under the Federal/Provincial Non-Profit Agreement. Agreement. An additional 10,598 units have been delivered unilaterally by the province in federal/provincial developments. developments. COUNTRY AND CONVENIENCE AT $154,900. Lovely 3 bedroom country side- split located a convenient 15 minutes to Oshawa, on a 100 ft. x 150 ft. lot, near Orono. Upgrades throughout, call to view. '*L REDUCED TO $249,900. Stone House - Built in 1866 In mint condition, authentic pine floors, black walnut staircase, marble fireplace, 4 bedrooms, dining room, heated Florida room, 7 stall horse barn on 2.9 treed acres. v <■ SPACIOUS 3 BEDROOM SEMI detached home in Bowmanville. Basement is completely finished, rec room with wet bar, 4th bedroom, workshop and bathroom. Large pieshaped pieshaped lot, only $119,900. Open Mortgage 5.5% interest. 'v "' s r PRIVATE 3.17 ACRE TREED LOT Excellent location, minutes from Bowmanville£300 ft. frontage. frontage. Asking $80,000. © Real Estate with Betty Smith EASEMENTS and RIGHTS-OF-WAY An Easement may be defined as "the right of one land owner to the partial use of the land of an adjoining owner". This privilege to use another person's property, is obtained for a special purpose or necessary benefit, (such as an entrance way), and not just for the general use or occupation of the land. The most common type of easement is the Right-of-Way. This right of use "runs with the land", meaning it passes from owner to owner at the time of a sale or deed transfer and it binds all subsequent owners. Easements give a mere right to pass and repass over a neighbour's property - but never to obstruct the area. It is therefore not acceptable to park a vehicle in or otherwise block a right-of-way. As Realtors, we know that it's vitally important that easements be accurately identified and described. Proper registerable legal description must be used by us on ALL documents pertaining to your Real Estate transactions, such as Listing Agreements and Offers to Purchase. If you're thinking seriously of about buying or selling, I would welcome the opportunity of working with you. I can be reached at Family Realty 2000 Ltd. (Formerly Family Trust Real Estate), 1 King Street West, Bowmanville. Phone 623-2000 (24 hour pager). © Ü1 NATIONAL REAL ESTATE SERVICE Edvan Realty Ltd. 214 King St. E., 623-4445 Bowmanville 686-0477 85 King St. W., Newcastle 987-4733 FEATURE HOME SUNSET BLVD., NEWCASTLE Murray Paterson* Bette Morrison* Janice Parish* All brick bungalow on huge private lot, partially finished basement, 3 bedrooms, woodstove in rec room. Perfect family home in mature area! Asking $126,500. ctwtfattp fin Wilma Entwisle* Glenda Bedard* Val Aston* Dirk Woudstra* Dorothy Hartford** Bill Finnic Broker/Owner Jill Hills** ©