Posted in: Zone 30, Edmonton Real Estate
I have listed a new property at 15 3010 33 AVE in EDMONTON.
Bank Foreclosure. Stacked bi level townhouse with over 1200sq. ft. of living space. Offers good size living room with gas fireplace, abundant kitchen with plenty of counter space and cupboards. 2 PC main floor bath, fully finished second level(lower)with large master bedroom with 4 piece en suite bath and walk in closet, second bedroom has large closet and is very spacious. Four piece bathroom, laundry and furnace room. TWO parking stalls footsteps from your front door. Close to amenities, transit and Anthony Henday. Quick possession is available. Low condo fees. Property needs some work.
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.