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gA THE OSHAWA TIMES, Mondey, July 31, 1967 La Contessa, Modern Look La Contessa Apartments on Nonquon road reflects the new look so apparent in Oshawa's apartment houses of today. Not only is it one of the most beautiful buildings architectur- ally in the Motor City today, it is as modern as today's space ship. The building was constructed by Windbrooke Investments Ltd., president of which is Mrs, 'Theresa Pantaleo. Her husband, Lew Pantaleo, is general-man- ager. Together they form a hard-working and highly-admin- istrative team that keeps La Contessa in the forefront as one of the finest apartment - house operations in Oshawa and dis- trict today. The utmost comfort for the tenant is of prime concern for the management, The construction of the build- ing was completed in June, 1966. The five-storey apartment has 95 suites and each has one or two bedrooms, balcony and patio. The spacious outdoor swim- ming pool at the north side of the building makes living worthwhile at La Contessa. It also offers a congenial home atmosphere for families during the hot summer months, The management is especial- ly proud of La Contessa's main vestibule and lobby, which was designed "to capture the out- doors in miniature" (to quote Howard Doner, designer of the /i\ PRINCESS ANNE APARTMENTS ON SIMCOE ST. N. fo the foyer proper is made by crossing a moat on a walnut The new 153 - suite Prin- by Valiant Developments cluding the Cavalier, Vis- firm is associated with Jess | bridge. Mr. Doner also designed ess. Anne Apartments. at Ltd. which owns a tolal of pov ge Memon eee yeh ae er ag and Sons Construction | the interior and exterior of the : : : ae : ce ni arylan . e! i i 1221 Simcoe st. n. was built 500 suites in Oshawa (In- apartments). Robert Han Photo by Ireland Studio Sao -- sen Po a E Condominiums Set Up Gives Ownership Pride The condominiums are com- ing. No, it's not a _ religious order, or a political movement. It's a type of ownership of Space with whatever occupies that space. Do you want to live. in an apartment for convenience, but also want pride of ownership? When the Provincial Govern- ment passes the condominium legislation, you will be able to own an individual apartment. Known as Bill 65, this legislation has in the Provincial House now received second reading, ac- cording to news reports. The manner in which this de- sirable new way of living could ,be offered to prospective pur- chasers is somewhat as follows. A private developer applies for the right to build under the Condominium Act on a suitable piece of land. Then he con- structs his building, paying particular attention to the de- sign details in anticipation of potential purchasers require- ments. Individual suites would be offered for sale, and the urchaser could either arrange is own financing on the apart- ment of his choice, or leave it bo the builder. Naturally, the prospective resident would use whichever means of financing that would be most advan- tageous to him. He could pay gash if he so wished. This type of ownership grants the right to use all common areas such as corridors, elevators and lobbies. MANAGEMENT STAFF 'After all apartments are sold, @ committee is elected from and by the residents to organize a r4 t staff of empl The number of employees is de- termined by the needs of the rticular building. Then guide- ines are established that must be followed by everyone, so that mo individual's rights are denied, With the rules and regulations subject to review at regular intervals, this type of self-management is working particularly well in areas which already have condominiums. The monthly charges each resi- dent pays for the upkeep of the building and grounds are mint- mal, . , Condominium (Con - do - min- ium) legislation is now being considered in several provinces such as Alberta and Nova Scotia, and in a few years it will {no doubt be possible to buy- 'under this type of ownership right across the country. More {than 30 states in the United ' States, have already passed en- !abling legislation. In the fast- growing states such as Florida |and California, the swing to | condominium is fantastic, In only two or three years since | condominium started, there have been more multiple family | dwellings built per year under | this new form of housing, than | regular rental units. | Condominium differs from co- | op housing in which a company | is incorporated to own and con- | struct a building and each resi- |resident owns a share. The | big drawback to this is that all | shareholders are rest ible for total mortage and tax payments. If some owners are unable to pay their share, the remaining {residents must increase their | payments to cover the total cost, whereas in condominium, you are responsible mutually only for upkeep. So when the condominium comes, don't be alarmed, it's just the latest type of ownership offered to you by the thriving residential construction indus- try. Colborne Apts. Centrally Located One of the big attractions of the Colborne Apartments, at the corner of Colborne and Mary streets -- aside. from the fact that it is of attractive design and comfort -- is that it is cen- trally located. The Colborne is within short walking distance of the Four Corners. The building was started in January, 1965, and completed the following June for the 29 suites of one and two bedrooms each. The Colborne is most helpful for those families unable to qualify for NHA financing of new homes, nese eee You Sin fom Your Apartment Balcony Into A Beautiful Extra Room With a little bit of imagination and the use of the fine services of Rundle Garden Centre, your balcony can be changed into on. apartment garden, where you will be able to enjoy real outdoor living with apartment conven- For All Your Gardening Needs See RUNDLE GARDEN CENTRE 1015 KING ST. EAST TELEPHONE 725-6551 IN