Posted in: Zone 14, Edmonton Real Estate
I have sold a property at 342 160 MAGRATH RD in EDMONTON.
Welcome to the largest floor plan in prestigious Magrath Mansion. Uniquely located on 3rd floor of complex with no units below it. This massive 1477 sqft unit boasts 2 bedrooms, 2 full bathrooms, multi-functional den, 9 ft ceilings, and an open concept kitchen, dining and living area. Kitchen is equipped with high end stainless steel appliances and eating bar. Master suite includes private patio doors to balcony, walk-through-closet and grand ensuite featuring a jacuzzi tub. 2nd bedroom is bright with huge walk in closet across the hall is the 2nd full bath with sit down shower. Large laundry room with additional storage space. Never have to scrape your windshield again as the unit comes with 2 titled underground parking stalls. Building boasts steel and concrete construction for both longevity and quietness. Building amenities include exercise room, social/party room, steam room and hot tub. Conveniently located close to shopping, restaurants, walking trails, and transit. Amazing 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.