Posted in: Zone 01, Edmonton Real Estate
I have sold a property at 13303 117 ST in EDMONTON.
Great 3 bedroom bungalow in the community of Kensington with unbelievable lot. Home has been well maintained with several upgrades including new windows in 2008 with 25 year warranty, brand new eaves troughs, and newer appliances. Additional parcel of land goes with property is leased from the city and turns this huge lot into a park. Tonnes of additional/RV parking. Heated double detached garage. Basement is finished and makes a great rec room complete with wet bar and lots of storage space. Close to all amenities, shopping, schools, and transit. A great place to call home.
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.