New property listed in Zone 56, Edmonton

I have listed a new property at 117 2588 ANDERSON WAY in Edmonton.
Time to quit renting! Don't miss this like new, 1 bedroom starter condo in the Ion in Ambleside. A cozy place to call home with 9 foot ceilings large kitchen and eating bar complete with stainless steel appliances, bright living room, built-in-computer desk and usable patio. The unit also boasts laminate flooring throughout, large bedroom featuring a walk-in closet, 4 piece bath, extra storage and in-suite laundry. Topped off with your own Titled parking stall. Great location close to all amenities, shopping, schools and transit. 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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