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 $674,900 Purchase Price $674,900
Buyers 5% down payment $33,745 Buyers 5% down payment $33,745
 Mortgage Insurance premium of 4% $25,646 Mortgage Insurance premium of 2.8% $17,952
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $67,490
You would require a Mortgage of $666,801 You would require a Mortgage of $599,311
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.

Atlas B – 110009

$674,900

Beds

4

Baths

2.5

SQ FT.

2413

$279.69/Sq. Ft.
$1119
Bi Weekly
%
Guaranteed Possession Date: Move In Ready!
The Atlas home is 2413 sq. ft. This Evolve model has everything you want and need in a home. Double attached garage, 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 42” uppers 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
5th Bedroom
5-Piece Ensuite
Side Entrace
9 Foot Main Floor
9 Foot Basement
Side Windows
Luxury Kitchen Package
Basement Rough-Ins Package
Built Green

This home is BUILT GREEN® Certified:  GOLD

This home is Built Green® certified! As the homeowner of a house certified through Built Green Canada, you will enjoy a healthier, more durable home with a lower environmental impact. These homes are affordable with a reduction in monthly operating costs and improved resale value, and more. Preserving natural resources means leaving more for future generations to enjoy. Learn More

Mortgage Rebate for BUILT GREEN® Homeowners

Single family new homes certified BUILT GREEN® Gold, BUILT GREEN® Platinum, or have under 11.4 tonnes per year of greenhouse gas emissions are eligible for a partial mortgage loan insurance premium refund of 25%. Learn More & calculate the savings.

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Lot Features

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

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

NEW YORK AFTER DARK

Interior Rooms

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