Graham Ogden

B Comm and Realtor®

Direct: 1 780 908-1224 |

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I have listed a new property at 205 6220 134 AVE in Edmonton.
Attention Investors and first time home buyer's! Clean turn Key rental with existing tenant or make it your own. Various possession dates possible. Concrete building, 2 UNDERGROUND PARKING STALLS with storage lockers. Excellent two bedroom condo located on the second floor of the Holland Garden complex. This unit boasts a bright and open floor plan. The kitchen with maple cabinets and breakfast bar overlooks the dining area and living room which both have easy care for laminate flooring. Access to the south facing balcony from the garden doors off the living room area. The two bedrooms are a good size and both rooms are carpeted. The master bedroom features a walk thru closet and a 4 piece ensuite. The three piece bathroom (with shower) and in suite laundry complete the unit. Added features are the natural gas BBQ hook up on the deck and exercise room. Condo fee includes all utilities. Great value!

Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

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