Posted in: Zone 19, Edmonton Real Estate
I have sold a property at 9911 82 ST in EDMONTON.
Gorgeous fully renovated bungalow in Forest Heights with suite potential if desired. Massive 50' x 146' lot on quite tree lined street. Upgrades include new windows, paint, hardwood floors, 100 Amp electrical and authentic wood burning stove. The kitchen has been redone with new cabinets and concrete counter tops, 2 good sized bedrooms on the main floor as well as a den/office/3rd bedroom and a new bathroom with concrete counter top and upgraded faucet. The basement is fully finished with 2 additional bedrooms, 3 piece bath, large family/rec room with space and hook-ups if a suite was desired. Huge back yard is fenced and has a doubled detached garage with a new roof. Property is close to all amenities, parks, river valley, downtown, shopping, transit and schools. Nothing to do except move in!
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.