Posted in: Zone 29, Edmonton Real Estate
I have sold a property at 1344 56 ST in EDMONTON.
A solid 1121 square foot bungalow on good sized lot in Sakaw. Lots already upgraded in this home just needs you to take it over the finish line. Recent upgrades include brand new kitchen, new furnace, new flooring, and a new tub as well as sink in main bath. Basement is relatively unspoiled but has 3 piece bath, a 4th bedroom, storage space, laundry and large space for potential rec/family room. Oversized double detached garage, large deck with spot for a hot tub, as well as two storage sheds. Close to all amenities, shopping, schools, transit and the Anthony Henday. Not afraid of putting in some sweat equity this home may be perfect for you. An amazing value, priced well below the assessed 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.