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Best Edmonton Home

WELCOME TO LUXURY IN MILLCREEK RAVINE! This stunning 3-storey boasts over 2412 sqft, 4+2bdrms, 2 dgatt. You are welcomed in by herringbone Chicago Brick/ hardwood floors, dbl fireplace, den, dining room & a fully upgraded CHEF’S kitchen. This kitchen flaunts a France imported AGA Stove ($10k), carbon fiber taps, prep sink, pot filler over stove, Graggenau grill, Sub Zero fridge/freezer, Commercial glass fridge, butler FOOD ELEVATOR & is packed with custom cabinetry and countertops. 4 Bdrms & laundry room await you on the 2nd floor with a breath-taking view of Millcreek ravine from the master bdrm. 3rd floor offers spacious bonus rm w/ wet bar, dbl storage rms, an entire wall of Nano doors that open to the rooftop patio w/ Hot Tub overlooking the

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Did you know you can defer monthly mortgage payments for up to six months? Unpaid interest will get added to your principal and accumulate more interest (potentially lengthening your amortization), but it’s a great option.

According to recent media reports, the Canadian Mortgage & Housing Corporation (CMHC) is currently buying mortgages from Canadian banks, paying them hard cash to keep them in the black. It’s looking like a very Canadian way of saying, “Hey, we’re all in this together and the CMHC is standing behind Canadian real estate and the financial industry.” What does this mean for you and your mortgage at one of Canada’s major banks? In most cases, absolutely nothing. You’ll still visit your local branch – not a CMHC office -- to renew

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Downtown Edmonton is loved by residents and visitors alike for its forests, pathways and parks along the banks of the North Saskatchewan River.

Most downtown Edmonton condo properties come in under $1 Million, with some entry level units in older buildings in the low six figures. Living here, you’ll find quick access to exciting night spots, world class cuisine, coffee shops and bars galore, arts, fashion, culture and more.

There are five districts in the zone: Commercial Core, Government Centre, Warehouse District, McKay Avenue and Rice Howard Way.

There’s also an exciting new arrival on the skyline: The Pearl. It’s topped by a condo with this description: “On the market at $2,295,000, this 3,476-square-foot Edmonton penthouse is situated at

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Keep watching the news for updates on Canada’s mortgage regulations.

On February 18, Bill Morneau, Canada’s Minister of Finance, unveiled changes to the “stress test” that were scheduled to come into effect on April 6. “The new benchmark rate will be the weekly median 5-year fixed insured mortgage rate from mortgage insurance applications, plus 2%,” he announced at the time. These changes are now on hold, pending further review as a result of the current COVID-19 situation.

Industry experts had recently suggested the “stress test rate” be adjusted to make it easier for people qualifying for mortgages. The Canadian government heard them and had initially acted on their recommendations. The basic idea behind the stress test? Even if interest rates

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Upscale by downsizing
Selling a single family home and moving to a condo can give you a whole new lease on life! When the hectic years of raising a family flow into the tranquility of retired or semi-retired empty-nesting-for-two, your equity can go a long way. And this switch to condo ownership can work for all generations, not just retirees. Downsizing to a cozy and secure condo can free up money while simultaneously upgrading your lifestyle.

Minimal maintenance – No shovel required
In condo land, there’s no grass to cut and no exterior maintenance. As a condo owner, you can watch the work happen while you continue with what you do for a living. Also, the work you actually do yourself (cleaning and minor repairs) isn’t going to take as long as it

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Residential Unit Sales Down 2.6% from this time last year. Edmonton, April 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for March 2020 decreased 2.59% compared to March 2019 and increased 10.31% from February 2020. The number of new residential listings is down year over year, decreasing 14.01% from March 2019. New residential listings are up month over month, increasing 7.72% from February 2020. Overall inventory in the Edmonton CMA fell 12.66% from March of last year but increased 5.75% from February 2020. For the month of March, single family home unit sales are down 2.02% from March 2019 and up 13.59% from February 2020. Condo unit sales decreased 2.04% from March 2019 and increased 1.41%

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Is great access to the Edmonton International Airport important to you? Do you want to live near the edge of the city in an attractive, single-family home neighbourhood (about 10 percent is duplexes)?

If so, take a look at Rutherford in south Edmonton. This community, named after Alberta's first premier, Alexander Cameron Rutherford, used to be farmland. It will soon be surrounded on all sides by quality residential development, with easy access to Anthony Henday Drive (Edmonton’s Ring Road) and Highway 2 (Queen Elizabeth II Highway, running south to Calgary).

Rutherford hasn’t lost its connection to the natural habitat, preserving it with a series of tranquil parks -- including the Virginia Park Woodland -- that dot the neighborhood.

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