Posted in: Zone 12, Edmonton Real Estate
I have listed a new property at 711 11307 99 AVE.
Amazing River Valley Location. Spectacular SE view of river valley, golf course and downtown. Recent upgrades include paint, flooring, and kitchen cabinets (brand new). Appliances are in like new condition. Rooms are large and functional. Balcony is large enough to enjoy the view. The unit comes with 1 titled underground parking stall. Condo Fee includes all utilities, access to all amenities including exercise room, social room, pool, billiards room, river valley view patio and laundry. Close to all amenities, shopping, transit, LRT, Macewan/NAIT, Legislature and walking trails. A must see!
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.