The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

GRAND ue S AL/VAT C OPENING! he vacancy rate in the Toronto TCensus Metropolitan Area (CMA) was 1.8 per cent in April 1994, according to Canada Mortgage and Housing Corporation‘s Rental Market Survey. This is down slightly from the 2.0 per cent recordâ€" ed in October 1993 and the 2.1 per cent observed a year ago. The 1.8 per cent rate means 18 out of every 1,000 privately initiated rental apartments in structures of three or more units were vacant and available for rent. "Strengthening housing demand, combined with a slowing of new rental supply coming on to the marâ€" ket, have contributed to Toronto‘s declining vacancy rate over the past year," said Jeff Brewitt, market anaâ€" lyst at CMHC‘s Toronto branch office. Vacancy rate bolstered by immigration "Even with a large number of CHAMPIONSHIP DESIGNS in OAKVILLE hy yb 0 NEy Nestled close to the fairways of Oakville‘s famous Glen Abbey Golf Course is a unique collection of only 20 Senator homes in a classic country club setting. Choose from luxurious designs with features such as all clay brick, covered 7 entrances, palladianâ€"style windows, cathedral ceilings, gourmet kitchens with pantries, family rooms with dramatic fireplaces, master ensuites and so much more. The homes 2 of Senator‘s Glen Abbey â€" right on course for t lâ€"/‘ today‘s lifestyle â€" and tomorrow‘s. MON. â€" THURS.: 1 P.M. â€" 8 P.M. FRIDAY: CLOSED WEEKENDS HOLIDAYS 11 A.M. â€" 6 P.M. 50‘ Lots renters moving into home ownership, the vacancy rate has actually fallen. Demand for rental housing is being bolstered by immigration into the Toronto area. Furthermore, fewer apartments are being constructed, and it is expected that the vacancy rate will remain below two per cent throughout 1994 and into 1995." The number of rental units under construction in the Toronto CMA has declined. In 1993, rental completions peaked at over 80,000 units. It is expected that completions will numâ€" ber only 4,000 units in 1994 â€" a 50 per cent reduction. Most of the comâ€" pletions have been governmentâ€" assisted nonâ€"profit and coâ€"operative units. In most submarkets within the Toronto CMA, the vacancy rate has remained stable or has fallen slightly. Vacancy rates within Metropolitan DUNDAS ST. The vacancy rate for the Toronto CMA is forecast to remain at 1.8 per cent in October 1994. The vacancy rate for privately initiated apartment structures of three or four units in Canadian Census Metropolitan Areas was 4.6 per cent in April 1994, down from 4.8 per cent in Octcber 1993, and unchanged from a year ago. The lowest vacancy rate was in Outside Metro Toronto, vacancy rates fell in Mississauga, Brampton, Ajax/Pickering, Newmarket, and Aurora. Vacancy rates in Markham (0.1 per cent) and Vaughan (0.2 per cent) continue to be the lowest in the Toronto CMA as well as some of the lowest in the country. _ Toronto range from 1.4 per cent in Scarborough â€" the lowest of the six municipalities â€" to 2.1 per cent in the cities of Toronto and Etobicoke. ith a solid reputation building homes in Oakyville since 1986, Senator Homes continâ€" ues to offer competitively priced, finely designed homes in some of Oakyville‘s best locations. "Championships Designs in Oakville," a 20â€"lot grouping nestled close to the fairways of the Glen Abbey Golf Course, is no excepâ€" tion. Luxurious designs with such features as all clay brick, covered entrances, pallaâ€" dianâ€"style windows, cathedral ceilings, gourmet kitchens with pantries, family rooms with dramatic fireplaces, master en suites and more. These delightful homes located in a growing residential neighborhood north of the QEW west of Third Line are offered for preâ€"sale by Grace Ceresa, a sales representative with Re/Max Aboutowne Realty Corp. who has been marketing Senator Homes in Oakville since 1986. "The builders are very flexible, they‘ll sit down with the client and play with the floor plan to suit their needs," she explains. The builders are very flexible, they‘ll sit down with the client and play with the floor plan to suit their needs," she explains. The builders in question are the father and son team of Angelo and Paul Breda, and their familyâ€"oriented attiâ€" tude has attracted many first, second and thirdâ€"time buyers of Senator Homes, Grace notes. ‘"‘They‘ve won a rating of ‘excellent‘ for after sales service under the Ontario Senator In (Glen Abbey Come join Trevor Boquist â€" General Sales Manager, Randy Browne â€" Director of Fixed Operations of Applewood Chevy Olds â€" (Erin Mills Auto Centre) along with The Ship‘s Counsellor at The City Parent Family Show, June 10, 11 12, 1994 â€" Mississauga International Centre â€" 6900 Airport Rd. Check out the new vessels such as this 1994 Lumina Van and new 1995 models courtesy of the Applewood team. In Ontario, Hamilton‘s vacancy rate remained unchanged, while five Census Metropolitan Areas experiâ€" enced increases â€" Ottawa, St. Vancouver (1.4 per cent) while the highest was recorded in St. John‘s Newfoundland, (10.6 per cent). Catharines/Niagara Falls, London, Sudbury, and Thunder Bay. $1250.+ util. Gorgeous 3â€"bdrm. detached home in the Village of Streetsville. Close to all amenities. Call Jacqueline Allain* for more information. 845â€"8522. New Home Warranty program." Senator Homes is also becoming known for its high standards with such current projects as Bolton Village in Bolton, Governor‘s Lane in Dundas, and Pickering Village in Ajax. The "Championship Designs‘ in Glen Abbey range from 2,000 to 3,300 square feet, and standard features include 12 by 12 ceramic tile through out, and elegant marbleâ€"trimmed gas fireplaces. priced from $249,990. Walkâ€"out lots are available to take advantage of finished basements. Grace invites past Senator Homes buyâ€" * ers to stop in and say hello at the newly opened sales office on Carpenters Circle. She will accept conditional offers and will market the buyer‘s existing property. "It‘s a no risk, no stress way of selling your home." For an appointment, call her at 827â€" 7827, or after hours at 842â€"7000. 239 LAKESHORE RD. 845â€"8522 i)) 1011111 Aeal Eis Sevicns U, Broinc Sales Rep.