Posted in: Zone 17, Edmonton Real Estate
I have listed a new property at 8536 75 AVE in Edmonton.
A MUST SEE! Raised bungalow in fantastic Avonmore. Bright, inviting, upgraded in and out. Main floor is open with all hard surface flooring, California Knock Down ceiling, open eat-in kitchen with tons of white cabinets, 2 bedrooms, main 4 piece bath, huge living room and even a formal dining area. Basement is fully finished, lots of natural light, 3rd bedroom, updated 3 piece bath and large laundry/utility room. Need extra storage...two walk in closets in the basement, walk in pantry in the basement, garage attic. Updated windows on the main floor as well as additional insulation blown in 2012. Outside, enjoy the large yard complete with new fence and recent landscaping. Heated oversized (28x21.5) double garage with work bench/shelves plus extra pad for additional or RV parking. Great location close to all amenities, shopping (Bonnie Doon), schools (Donnan), transit including the Valley Line LRT, 1 block to Mill Creek Ravine. 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.