New property listed in Zone 16, Edmonton

I have listed a new property at 11249 8 AVE in Edmonton.
Loved & maintained, original owner home in Twin Brooks. This 2 Storey is fully finished with recent upgrades including paint, most appliances and central A/C. Walking in you are greeted by an open sitting room, private den/office, then into the living room complete with gas fireplace and massive vaulted ceiling. Kitchen boasts loads of cabinets, large centre island and pantry. There is also main floor laundry and a 1/2 bath. You are lead to the fully fenced/landscaped backyard complete with deck, patio stone and firepit. Upstairs features the primary bedroom with huge custom walk-in closet and ensuite. 2 additional bedrooms serviced by the main Jack and Jill bathroom each with their own sink. The basement is a great place to hang out complete with flex room/gym, wet bar, rec room, mechanical and loads of storage. Property completed by the double garage with 8ft door & floor drain. Hardwired for alarm & rough-in for central vac. Close to schools, parks, rec centre and skating rink. 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.

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