Posted in: Zone 20, Edmonton Real Estate
I have sold a property at 429 9704 174 ST in EDMONTON.
Immaculate top floor condo, bright, open with 14' ceilings and west facing with view of courtyard and plenty of natural light. Beautiful maple hardwood flooring throughout living room and dining area. Open concept kitchen with loads of cupboards and counter space. Spacious master bedroom with 4 piece ensuite. Good size second bedroom just a few steps from main bath. Like new appliances, insuite laundry, storage room and central air. Underground heated parking, car wash bay, extra storage unit, party room and exercise room. Wall mounted flat screen TV included in sale. 18+ only complex.
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.