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 $709,900 Purchase Price $709,900
Buyers 5% down payment $35,495 Buyers 5% down payment $35,495
 Mortgage Insurance premium of 4% $26,976 Mortgage Insurance premium of 2.8% $18,883
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $70,990
You would require a Mortgage of $701,381 You would require a Mortgage of $630,391
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 K3 – 340007

$709,900

Beds

4

Baths

3

SQ FT.

2211

$321.08/Sq. Ft.
$1119
Bi Weekly
%
Guaranteed Possession Date: June 20 2024
The Atlas home is 2211 sq. ft., this Evolve model has everything you want and need in a home. Double attached garage with 2 Ft. added to the width (not shown on floor plan), 9 ft. ceilings on main & basemen levels, 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 full 3 piece bath with walk-in shower. Across the hallway there is a bedroom 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 to the ceiling 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. The primary suite has dual walk-in closets and a 5-piece ensuite with double sinks, large tub and a walk-in shower w/ glass doors. There is a convenient bonus room, rear open to below views, a main 4-piece bath with double sinks bath, a laundry room and two more comfortable bedroom with plenty of closet space. A beautiful appliance package, upgraded railings & rough-in plumbing in the basement are also included.
Please note, while we strive to ensure the accuracy of the information displayed on this page, it is not guaranteed and should be verified. We encourage you to consult with an sales manager for complete and up-to-date details for this home.
Mudroom
Bonus Room
Upstairs Laundry
Main Floor Bedroom
4th Bedroom
5-Piece Ensuite
Side Entrance
Open to Below
Railings
9 Foot Main Floor
9 Foot Basement
Luxury Kitchen Package
Basement Rough-Ins Package
Built Green

This home is BUILT GREEN® Certified:  PLATINUM

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: 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+

Interior Rooms

Mudroom: Yes
Den: No
Spice Kitchen: No
Bonus Room: Yes
Upstairs Laundry: Yes
Main Floor Bedroom: Yes
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: Yes
Condo Fees: No
Railings: Yes
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
Smart Package:No

Appliance

Warranty

+ 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. 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, 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.

At Sterling Homes, we offer a variety of personalization options tailored to suit your preferences and needs. Depending on the stage of construction when you decide to purchase, some options may not be available. Personalization options range adding feature walls to selecting your ideal color palette, or even implementing structural modifications such as integrating a legal suite into the basement. We encourage you to connect with our dedicated team to explore the array of personalization choices available for the specific home you're considering.

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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