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 $677,900 Purchase Price $677,900
Buyers 5% down payment $33,895 Buyers 5% down payment $33,895
 Mortgage Insurance premium of 4% $25,760 Mortgage Insurance premium of 2.8% $18,032
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $67,790
You would require a Mortgage of $669,765 You would require a Mortgage of $601,975
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.

$677,900

Price

4

Beds

3.5

Baths

2413 Sq. Ft.

$280.94/Sq. Ft.
$1119
Bi Weekly
%

October 27 2023 -January 25 2024

Estimated Construction Completion Date

The Atlas home is 2413 sq. ft. This Evolve model has everything you want and need in a home. Double attached garage with 2 ft. added to the width, 9' ceilings on main & lower level, separate side entrance & Luxury Vinyl Plank Flooring throughout the main floor. Inviting foyer with coat closet and from garage door access there is a mudroom and a convenient ½ bath. Down the hallway there is den with a closet for multi-purpose functionality 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, microwave shelf, full height tiled backsplash, chimney style hood fan, and plenty of Thermofoil cabinets with uppers to the ceiling with crown moulding and soft close doors and drawers. There is also a 48" full height cabinet pantry and pendant & SLD recessed lighting. Great room with fireplace and nook have large windows and a garden door to the back yard. There are two primary suites, one with a walk-in closet and a 5-piece ensuite with double sinks, large soaker tub and a walk-in shower w/ glass doors and the other has a walk-in closet and a 3 piece ensuite with a walk-in shower with glass doors. 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 as well as extra side windows on every level are also included.
Mudroom
Den
Bonus Room
Upstairs Laundry
4th Bedroom
5-Piece Ensuite
Side Entrace
9 Foot Main Floor
9 Foot Basement
Luxury Kitchen Package
Basement Rough-Ins Package

Furniture Planner

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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: Yes
Den: Yes
Spice Kitchen: No
Bonus Room: Yes
Upstairs Laundry: Yes
Main Floor Bedroom: No
4th Bedroom: Yes
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: Yes
Side Windows: No
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

Lot Features

Lot Size: 363.99 m2
Lot Location: Interior
Lot Shape: Regular
Walkout: No
Zero Lot: No
Park View: No
Lake View: No
Lot Direction: South

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

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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
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% Sold Prior to Stakeout Complete
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Market Analysis

This home is listed at:

$677,900

GREAT

GOOD

FAIR

ABOVE

This home is priced $13,400  BELOW AVERAGE MARKET VALUE. It is compared to homes currently listed on MLS based on a variety of factors including area of the city, square footage, year built and building type. The average price of comparable homes currently listed on MLS is $691,300.

Estimated construction completion date:August 2023

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.

Are Interest Rates Important?

When buyers ask if now is right time to buy to buy, one of the most compelling reason to buy a home now is the current rate of mortgage interest.

This makes it a fantastic time to start thinking about owning a property. Even if the overall price of a home is slightly higher, the amount you'll save in the interest over the lifetime of your mortgage will more than cover the difference.

Now

Example for illustrative purposes

$350,000

Interest rate: 2.5%

Monthly Payment: $1106

"If" Market Crashes

Example for illustrative purposes

$300,000

Interest rate: 4.5%

Monthly Payment: $1216

Numbers are based on 5% down payment and a 25-year amortization period.

Please note that these prices can change without notice due to architectural controls, stage of construction, exterior elevation requirements, and unforeseen fluctuations in the cost of products, raw materials or labour. We carefully check pricing and product specifications, but occasionally errors can occur, so we reserve the right to change both without notice. Call 780-800-7594 in order to obtain the complete information on each property.

Sterling Homes has been one of Alberta’s favourite home builders for 70 years. As a Canadian family-owned home builder, our goal is to provide our customers with the highest quality homes at the most affordable prices possible. With our decades of experience of building and selling homes in dozens of communities throughout Edmonton, we’re uniquely positioned to provide you with the home of your dreams.

With the Evolve product line, our objective as a company is to provide easier access to homeownership, by building homes at a more affordable price.

To achieve our prices and savings we are passing onto buyers, we plan efficient floor plan designs, we purchase materials in bulk for economies of scale, and we simplify the construction process for efficiencies in timeline.

When you buy an Evolve model you can feel comfortable that we have accounted for every nail, board and piece of trim. In turn, we confidently quote our prices and are upfront about clearly explaining expenses to homeowners – there’s no need for promotions or discounts.

Other builders need to offer constant promotions and discounts to attract customers. At Sterling Homes, we believe in giving you our very best price first. By offering our customers an affordable home without compromising on quality, we create relationships built on trust so it’s even easier to choose Sterling Homes.

We understand that your new home is likely the biggest investment in your future you will ever make. We want to give you the confidence that you’re getting the best value for your home buying dollar. As Alberta’s top home builder, we use our buying power to negotiate with our trades and suppliers and get the lowest price for the best quality materials and finishing for your new home.

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

Programs That Can Help You Out:

  • The First-Time Home Buyers’ Tax Credit
  • Home Buyer’s Plan
  • First Time Homebuyer Incentive

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.

A Home Builder You Can Trust

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Interested in this home?

Give us a call! We can't wait to help you learn more about your community and your new home! Call: 780-800-7594