New property listed in Zone 13, Edmonton

I have listed a new property at 406 9028 JASPER AVE in Edmonton.
Bank foreclosure sold "as is , where is". Optimally located close to downtown with views of the river valley. This 2 bedroom unit requires a full renovation. The complex has an on-site manger, underground parking and on-site laundry room. $638.64/month condo fee includes all utilities and parking. Amazing 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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