Available Programs

You could be eligible for 2 programs. Fill out the form to see what programs may be available to you.

Program #1: First Time Home Buyer Incentive Program is a Government of Canada plan intended to help first time buyers purchase a home, by making it more affordable by reducing their monthly mortgage payment without increasing their down payment.

Buying New Build Home WITHOUT Incentive Buying New Build Home WITH First Time Home Buyer Incentive Program
Purchase Price $743,900 Purchase Price $743,900
Buyers 5% down payment $37,195 Buyers 5% down payment $37,195
 Mortgage Insurance premium of 4% $28,268 Mortgage Insurance premium of 2.8% $19,788
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $74,390
You would require a Mortgage of $734,973 You would require a Mortgage of $660,583
Your Monthly payment will be Your Monthly payment will be

Program #2: The Home Buyers’ Plan allows you to take funds out of your Registered Retirement Savings Plan, known as your RRSPs. This means you can borrow up to $25,000 for your downpayment tax-free. What’s more, if you and your partner both have RRSPs, you are each entitled to withdraw this same amount for a total of $50,000

Fill out this form to find available programs.

Accolade A – 360001

1659 12 STREET NW,Aster,South East Edmonton

$743,900

Beds

5

Baths

3

SQ FT.

2477 Sq. Ft.

$300.32/Sq. Ft.
$1119
Bi Weekly
%

Estimated Construction Completion Date: November 23 2024 -February 21 2025

The Accolade is a 2477 sq. ft. This Evolve model has everything you want and need in a home. Double attached garage with 2 ft added to the width, separate side entrance & 9' ceilings on the main and lower floors & Luxury Vinyl Plank Flooring throughout the main floor. Inviting foyer with large coat closet and from garage door access there is another walk-in closet and a convenient full 3 piece bath. Down the hallway there is bedroom with a walk-in closet and from there it opens up to the open concept Nook, Great Room & Kitchen. The highly functional kitchen has generous quartz counter-tops (throughout home) an island with flush eating ledge, Silgranit sink with a Moen “Indie” black matte pull down faucet, a microwave shelf, chimney style hood fan, full height tiled backsplash and plenty of Thermofoil cabinets with Upper to the ceiling & crown moulding and soft close doors and drawers. There is also a large corner pantry and SLD recessed & pendant lighting. Off the kitchen there is a full spice kitchen. Great room with fireplace and nook have large windows and a garden door to the back yard. A bright primary suite offers a walk-in closet and 5-piece ensuite with double sinks, a tub and a walk-in shower w/ glass doors. There is a convenient bonus room, a main 3-piece bath, a laundry area and three more comfortable bedrooms with plenty of closet space. A beautiful appliance package, upgraded railings, rough-in plumbing in the basement & extra side windows are also included.
Spice Kitchen
Bonus Room
Upstairs Laundry
Main Floor Bedroom
4th Bedroom
5th Bedroom
5-Piece Ensuite
Side Entrance
Railings
9 Foot Main Floor
9 Foot Basement
Side Windows
Luxury Kitchen Package
Basement Rough-Ins Package
See how your furniture fits and explore all this floor plan has to offer!
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Lot Features

Lot Location: Interior
Lot Shape: Regular
Walkout: No
Zero Lot: No
Park View: Yes
Lake View: No
Lot Direction: West

The information provided for all properties displayed on this website is believed to be accurate but is not guaranteed and should be verified. Call 780-800-7594 in order to obtain the complete information on each property.

Building Type

Front Attached Garage Home

Garage Stalls

2+

Colourboard Selection

CHOOSE YOUR COLOURBOARD

Interior Rooms

Mudroom: No
Den: No
Spice Kitchen: Yes
Bonus Room: Yes
Upstairs Laundry: Yes
Main Floor Bedroom: Yes
4th Bedroom: Yes
5th Bedroom: Yes

Interior Features

3 Piece Ensuite: No
4 Piece Ensuite: No
5 Piece Ensuite: Yes
Side Entrance: Yes
Legal Suite: No
Finished Basement: No
Walkout Basement: No
Open to below: No
Condo Fees: No
Railings: Yes
9 Foot Main Floor: Yes
9 Foot Basement: Yes
Side Windows: Yes
Previous show home: No
Includes Landscaping: No

Included Upgrades and Options

Luxury Kitchen Pkg:Yes
Luxury Garage Pkg:No
Basement Rough-Ins Pkg:Yes
Stand Up Shower:No
Smart Package:No

Appliance

This home includes a standard appliance package which contains a fridge, free-standing range, over-the-range microwave, dishwasher, and washer/dryer. Depending on the stage of the home, buyers can upgrade select appliances.

Warranty

All Sterling homes are covered by the Alberta New Home Warranty Program (ANHWP).Under the ANHWP, your home is covered for one year on materials (the flooring, fixtures, baseboards etc.), two years on the heating, plumbing and electrical systems, five years on building envelope (the roof and exterior walls) and ten years on all the structural components.

+ Click to view standard specifications

+ Additional Resources

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1. Available For Purchase

2. Blueprints Started

3. Blueprints Completed

4. Materials Purchased

5. Stake in the Ground

6. Foundation Complete

7. Framing

8. Electrical Complete

9. Insulation Complete

10. Cabinets

11. Painting Complete

12. Home Complete

1. Available For Purchase

2. Blueprints Started

3. Blueprints Completed

4. Materials Purchased

5. Stake in the Ground

6. Foundation Complete

7. Framing

8. Electrical Complete

9. Insulation Complete

10. Cabinets

11. Painting Complete

12. Home Complete

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% Sold Prior to Drafting Complete
%
% Sold Prior to Stakeout Complete
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% Sold Prior to Framing Complete
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% Sold Prior to Home Completion
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% Sold Prior to Drafting Complete
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% Sold Prior to Stakeout Complete
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% Sold Prior to Framing Complete
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% Sold Prior to Home Completion
Likelihood to sell analysis
Based on the historical sales data for this home model, the probability of this home selling in the next 90 days is
%

Estimated construction completion date:November 2024

Build times can vary greatly, due to circumstances that we can’t always control. The estimated construction timelines are estimated, and consist of averages. Please be aware that timeline can change during the construction. Call 780-800-7594 in order to obtain the complete information on each property.

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Commute Time

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Mortgage amount

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Monthly payment

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* Mortgage Calculator and Bi-Weekly payments are for illustrative purposes only. This calculator does not qualify you for a mortgage or loan. Information such as interest rates, pricing, and payments are estimates intended for comparison only. Consult a financial professional.

At Sterling Homes, we strongly believe in building homes that are not only beautiful and comfortable but are also environmentally friendly and sustainable. BUILT GREEN® Canada is a national non-profit industry-driven organization that promotes, encourages, and supports the construction of environmentally responsible homes. Homes certified BUILT GREEN® Gold or Platinum qualify for a 25% mortgage insurance rebate.

At Sterling Homes, we strongly believe in building homes that are not only beautiful and comfortable but are also environmentally friendly and sustainable. BUILT GREEN® Canada is a national non-profit industry-driven organization that promotes, encourages, and supports the construction of environmentally responsible homes. Every single home Sterling builds is certified BUILT GREEN®, and is then tiered within their program. Homes certified BUILT GREEN® Gold or Platinum qualify for a 25% mortgage insurance rebate.

The price of a home with Sterling Homes encompasses the home itself, the lot the home is built on, the GST, an appliance package, and enrollment in the Alberta New Home Warranty Program.

All Sterling homes are covered by the Alberta New Home Warranty Program (ANHWP).Under the ANHWP, your home is covered for one year on materials (the flooring, fixtures, baseboards etc.), two years on the heating, plumbing and electrical systems, five years on building envelope (the roof and exterior walls) and ten years on all the structural components.

The minimum amount you can put down is 5% of the home’s value, as long as the home costs $500,000 or less. If the cost of the home is over $500,000, the minimum you’ll need to pay is 5% on the first $500,000 and 10% on the remaining balance.
So for example, if your home costs $600,000 the minimum down payment would be:

5% of $500,00 = $25,000
10% of $100,000 = $10,000
Total minimum down payment = $35,000

Have more questions? Check out our blog and our knowledge base, where we answer over 400 questions for homebuyers like you and provide tips for buying or selling a home in Edmonton.

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