Posted in: Zone 35, Edmonton Real Estate
I have listed a new property at 137 RIVER PT.
Affordable family home in northeast Edmonton within walking distance to the river valley! No through traffic in this quaint and private community. The HOA provides additional road care and snow removal from the roads and ally. This roomy 5 level split is finished and updated on 4 levels. The shingles and furnace have been done in the last 2 years. Newer flooring and lighting throughout. From the front entrance there is a usable living room, open and functional kitchen (appliances included) combined with the dining area. Upstairs there are 3 good sized bedrooms and 4 piece bath. On the 3rd level enjoy a massive family room complete with wood burning fire place, full 3 piece bath and doors out to the covered patio. The fourth level was just finished featuring the 4th bedroom and a small open area for that would make a great computer area. The fifth level is unfinished and makes a great storage area or shop for now. Simple landscaping and parking for at least 3 cars at the rear of the property. Great 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.