Posted in: Zone 12, Edmonton Real Estate
I have listed a new property at 501 10504 99 AVE in Edmonton.
Outstanding location, walk to everything from this pristine one bedroom suite located in the Omega; a well maintained and managed high-rise. The open floor plan offers a kitchen with ample work and storage space including a corner pantry and breakfast bar. The large living area offers numerous windows that fill the suite with an abundance of natural light and present views of the city and river valley. Big enough for a king size bed, the master suite boasts a spacious walk-in closet and is just steps to a modern four piece bath. Enjoy the convenience of in-suite laundry, the beautiful morning sun from your east facing private balcony just off the main living area as well as a titled underground, heated parking stall and exercise room situated right in the building. Amazing 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.