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 $795,900 Purchase Price $795,900
Buyers 5% down payment $39,795 Buyers 5% down payment $39,795
 Mortgage Insurance premium of 4% $30,244 Mortgage Insurance premium of 2.8% $21,171
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $79,590
You would require a Mortgage of $786,349 You would require a Mortgage of $706,759
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.

Jannat B – 360002

1651 12 STREET NW,Aster,South East Edmonton

$795,900

Price

5

Beds

4

Baths

2635 Sq. Ft.

$302.05/Sq. Ft.
$1119
Bi Weekly
%

June 19 2024 -September 17 2024

Estimated Construction Completion Date

The Jannat by Sterling Homes. Beautiful single family home with 9' ceilings on Main & Basement level. Luxury vinyl plank through out the main floor. Attached double car garage. Large foyer leading to an 11'x 11' sitting room that is open to above. Mud room with access to separate side entrance. Spice kitchen accesses the kitchen. Kitchen has plenty of cabinets that have 42" uppers and crown moulding for lots of storage, an island with flush eating ledge, quartz counter tops (throughout home), full height tiled backsplash, Silgranit sink, modern stainless steel hood fan, microwave shelf and SLD recessed lighting & pendant lighting. Great room and nook have large windows and sliding glass patio doors with transom windows above. Main floor bedroom with access to main floor 3 piece bath including a walk in shower. Bonus room with coffered ceiling, main 3 piece bathroom & secondary 3 piece bathroom, and laundry on the upper floors. Large walk-in closet and 5 piece master ensuite with double sinks, a walk-in shower and a soaker tub. Master bedroom also has coffered ceiling. Four more bedrooms make up the upper floor. Appliance allowance included.
Mudroom
Spice Kitchen
Bonus Room
Upstairs Laundry
Main Floor Bedroom
4th Bedroom
5th Bedroom
5-Piece Ensuite
Side Entrace
9 Foot Main Floor
9 Foot Basement

Furniture Planner

See how your furniture fits and explore all this floor plan has to offer!
The furniture planner works best on tablets, laptops, and desktops.

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: 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: 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:No
Luxury Garage Pkg:No
Basement Rough-Ins Pkg:No
Stand Up Shower:No

Lot Features

Lot Size: 385.00 m2
Lot Location: Interior
Lot Shape: Regular
Walkout: No
Zero Lot: No
Park View: Yes
Lake View: No
Lot Direction: West

Appliance

This home includes a $3,000 appliance allowance in the purchase price to be used at supplier designated by Sterling Homes. Depending on the stage of the home, buyers can upgrade to a pre-selected appliance package.

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

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

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

Commute Time

-

$
%
Years
$
%

Mortgage amount

$ 0

Monthly payment

$0

* 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.

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

$ 0

Typical New Home

$0

COST SAVINGS FOR YEAR

$0

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.

A Home Builder You Can Trust

  Fill out the form

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