Posted in: Sherwood Park, Sherwood Park Real Estate
I have listed a new property at 121 GREAT OAKS in Sherwood Park.
Fantastic end unit location with views of the golf course and lake. This 2 bedroom, 2 and half bath unit is large and bright. Main floor is open and inviting with the functional kitchen, living room complete with built-in-cabinetry and a half bath. Upstairs boasts 2 large rooms including the over-sized master, serviced by the main bath complete with Jacuzzi tub. Basement is developed with wet bar, rec area, full bath and laundry/utility area. Easy to enjoy the nature and golf course setting on the huge deck. Conveniently located close to all amenities and includes an assigned, serviced parking stall. Additional stalls can be rented if available. Building has newer shingles, eaves, all underground water lines, windows and doors. Well managed complex. Unit has tons of potential and a great 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.