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 $587,900 Purchase Price $587,900
Buyers 5% down payment $29,395 Buyers 5% down payment $29,395
 Mortgage Insurance premium of 4% $22,340 Mortgage Insurance premium of 2.8% $15,638
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $58,790
You would require a Mortgage of $580,845 You would require a Mortgage of $522,055
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.

Apex P7 – 450004

$587,900

Beds

3

Baths

2.5

SQ FT.

2024 Sq. Ft.

$290.46/Sq. Ft.
$1119
Bi Weekly
%

Estimated Construction Completion Date: February 13 2025 -May 14 2025

The Apex is an Evolve model has everything you want and need in a home Situated on a large pie lot. Double attached garage & separate side entrance & Luxury Vinyl Plank flooring throughout the main floor. Inviting foyer with convenient ½ bath with pocket door off to the side. Open concept nook, great Room & kitchen. The highly functional U-shaped kitchen has quartz counter-tops (throughout home) an island with flush eating ledge, over the range microwave, full height tiled kitchen backsplash, Silgranit sink, Moen "Indie" chrome pull down faucet and plenty of cabinets with soft close door & drawers, a large corner pantry & pendant & SLD recessed lighting. Great room with electric fireplace and kitchen have large windows and a door to the back yard. A den completes the main floor. A bright primary suite offers a 5-piece ensuite with double sinks, a tub and a walk-in shower w/ glass doors. The substantial primary walk-in closet is accessed through the ensuite. There is a convenient bonus room, a main 3-piece bath, a laundry room and two more comfortable bedrooms with plenty of closet space. A beautiful appliance package & rough-in plumbing in the basement are also included.
Den
Bonus Room
Upstairs Laundry
5-Piece Ensuite
Side Entrance
9 Foot Main Floor
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: Pie
Walkout: No
Zero Lot: Yes
Park View: No
Lake View: No
Lot Direction: Southeast

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

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: No
9 Foot Main Floor: Yes
9 Foot Basement: No
Side Windows: No
Previous show home: No
Includes Landscaping: No

Included Upgrades and Options

Luxury Kitchen Pkg:No
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.

+ 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
%
% Sold Prior to Framing Complete
%
% Sold Prior to Home Completion
%
% 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:December 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.

The Colouboard visualizer works best on tablets, laptops, and desktops. Go fullscreen explore all the colourboards for this model.

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 are committed to energy efficient living. When compared to standard building codes, a Sterling home built to our standards will save you on your energy bills. Learn how we calculate energy savings.

Energy Cost Comparison
1 Year
5 Year
10 Year

Sterling Home

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Typical New Home

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COST SAVINGS FOR YEAR

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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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