Posted in: Zone 17, Edmonton Real Estate
I have listed a new property at 6751 88 ST.
Build your dream home! This desirable 50x110 vacant lot is situated facing a massive green space complete with a children's park, soccer and baseball field, as well as easy access directly in front of the property (approximately 200 metres) to the trails of the Mill Creek Ravine and river valley. From the roof top balcony shown is this print you would be able to enjoy the city centre skyline. These prints are currently at the City of Edmonton for development permits and are included with the purchase of the lot. Outstanding location close to all amenities, Argyll Community Centre, Argyll Sports Centre, downtown and Whyte Avenue. A must see.
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.