Posted in: Zone 12, Edmonton Real Estate
I have listed a new property at 104 10165 113 ST in Edmonton.
Perfect unit for students, investors and first time buyers. Upgraded condo in the heart of Oliver! Slate & hardwood flooring throughout. Loads or room in this 879sqft unit. The Bedroom is massive and can accommodate any sized bedroom set. The living room is bright and spacious as well. The kitchen boasts stainless steel appliances & granite counter tops. Main bathroom is larger and upgraded as well. This unit is complete with in suite laundry and one assigned parking stall! The complex is professionally managed, well run with all new windows in 2020. Great location and 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.