Posted in: Zone 20, Edmonton Real Estate
I have listed a new property at 918 CHAHLEY CRES in Edmonton.
Charming, air conditioned 4 bedroom bungalow nestled in prestigious Cameron Heights. This well appointed 2+2 Bungalow offers over 2800sqft of living space. The main floor boasts an open design with hardwood flooring, vaulted ceilings, skylight and many windows allowing lots of natural light. A Chef's kitchen with custom cabinetry, built-in-stainless steel appliances, granite counters, large prep island with eating bar open to a dinette with a patio door giving access to the deck and the backyard. The living room features a gas fireplace. The spacious Primary Bedroom can accommodate a full King size bed, boasts a walk in closet, and bright ensuite with soaker tub. The 2nd bedroom, den, 4 piece bath, and main floor laundry complete this level. The finished basement is complete large rec area with gas fire place, 2 large bedrooms, a luxurious bath with a combined enclosed jacuzzi/steam shower and storage and mechanical room (Hot Water Tank 2020). Great community 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.