Posted in: Zone 08, Edmonton Real Estate
I have listed a new property at 106 10611 117 ST in Edmonton.
Great central location close to all amenities, shopping, transit, MacEwan, NAIT and the downtown core. This functional unit features modern décor, upgraded tile and laminate flooring, 9 foot ceilings, stainless steel appliances, open concept kitchen with tile back splash and eating bar, small pantry, insuite laundry/storage and 1 underground titled parking stall. There is a main 4 piece bath, good size living room leading to the absolutely massive private/maintenance free patio. The master is inviting, complete with walk through closet and 3 piece ensuite. Great location and amazing value here.
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.