New property listed in Leduc, Leduc

I have listed a new property at 4407 42 AVE in Leduc.
Property sold "as is, where is". Solid bones to work with. Conveniently located on quiet street. Large deck in back yard, 2 fire places, attached double garage. 3 beds up, 1/2 bath ensuite in the primary bedroom, basement has newer carpet & paint, oversized laundry room, basement bathroom requires completing. Sweat equity required but great potential.

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.

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