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Lynnmour South MLS® Listings
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Building Info
Lynnmour South 1947 Purcell Way, North Vancouver, BC V7J 3H4, Canada VAS149. Lynnmour South is located on Purcell Way and Lillooet Road in a convenient neighbourhood of North Vancouver. Built in 1979, Lynnmour South offers 90 homes that are well maintained and professionally managed by Bayside Properties: 604- 432-7774. Maintenance fees include gardening, garbage pickup, heat, hot water, and management. Features of Lynnmour South include in suite laundry, an outdoor pool, and a sauna.
This is a prime location just minutes away from Superstore, Seymours Pub, Capilano University, Westview Pizza, The Pantry, and Paradise Spa & Wellness. It is also nearby to Rice Lake Provincial Park which has many trails for hiking and biking, as well as a beautiful lake with boating and fishing opportunities. Transit and major routes are close by and within walking distance.
This is the third time this month that the big banks have cut their prime lending rate. The Bank of Canada slashed interest rates late last week, saying that “decisive fiscal policy action in Canada” was necessary to “support individuals and businesses and to minimize any permanent damage to the structure of the economy.”
COVID-19: More Support Coming for Canadian Businesses
To help negate some of the impacts Canadians and our economy will face resulting from the effects of the COVID-19 pandemic, the federal government unveiled additional support through a wage subsidy program for businesses on Friday. Earlier in the day, the Bank of Canada lowered its target for the overnight rate to 0.25% in an unscheduled announcement.
COVID-19 is Impacting the Market - Here's What the Bank of Canada is Doing About It
Although winter weather, the rail blockades, and the political climate have also played a role in the first drop. This time, lower oil prices are weighing heavy and contributed to the decision. The Central Bank said the unscheduled rate cut was due to the pandemic and its impact on the economy.
Mortgage rates to go upward until the market reaches a 'new normal'
Canadian mortgage rates will likely climb higher until the market achieves relative stability amid the global COVID-19 outbreak, according to James Laird of Ratehub.ca.
Feds roll out new measures to help small, medium-sized businesses weather COVID-19 storm
The previously-announced wage subsidy – designed to help employers cover their workers’ wages – will be raised from 10 per cent to 75 per cent, said Prime Minister Justin Trudeau, who announced the new measures Friday morning during his daily briefing from outside his Rideau Cottage home in Ottawa.
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