Posted in: Zone 55, Edmonton Real Estate
I have sold a property at 2314 BAILEY CRT in EDMONTON.
Beautiful Blackmud Creek, Landmark bungalow with fully developed walkout basement backing to a pond. The main floor offers the master bedroom with ensuite featuring a large soaker tub; den; full bath and laundry room. The main living space has vaulted ceilings with an open concept floor plan that flows from the kitchen with pantry and island through the dining area to the living room with a corner gas fireplace. The lower level offers a full in-law suite with laundry, 2 bedrooms, 4 piece bath and a gas fireplace. The larger bedroom can be used as a 2nd master with sitting area or as an additional family room with the small door access. This home has it all from the deck that doubles as a covered patio to the 20x24 insulated, heated garage with center drain, hot and cold water and phone jack, to the 3 garden sheds, underground sprinkler system, great view and access to the pond! Great lot, home, and community. Close to all amenities, shopping, schools and transit. Motivated Seller.
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.