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 $394,900 Purchase Price $394,900
Buyers 5% down payment $19,745 Buyers 5% down payment $19,745
 Mortgage Insurance premium of 4% $15,006 Mortgage Insurance premium of 2.8% $10,504
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $39,490
You would require a Mortgage of $390,161 You would require a Mortgage of $350,671
Your Monthly payment will be $1,788 Your Monthly payment will be $1,634

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.
Revive A – 21252
62 SPRINGBROOK WYND,Springate,Spruce Grove
$394,900
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Revive A – 21252

62 SPRINGBROOK WYND,Springate,Spruce Grove
 1148 Views

3D Walkthrough

Colourboard

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$394,900

Price

3

Beds

2.5

Baths

1548 Sq. Ft.

$255.10/Sq. Ft.
$1119
Bi Weekly
%

April 21 2023 -May 21 2023

Estimated Construction Completion Date

The Revive is a nicely finished ½ duplex with double attached garage. Open concept main floor. Luxury vinyl plank flooring throughout main floor. Nice foyer with coat closet leading to 1/2 bath with pedestal sink & a large storage closet. Kitchen with corner pantry, peninsula island with flush eating ledge, stainless steel double compartment sink, 30" cabinets, 4" quartz backsplash, Quartz counter tops (throughout home), over the range microwave and pot and pendant lighting.  Great room and nook have large windows and sliding glass patio doors. The upper floor contains a 3 piece main bath, bonus room & laundry room. Master bedroom with walk-in closet and 3 pce ensuite that includes a tub/shower combo. Two good sized secondary bedrooms. Appliance package incl.
Bonus Room
Upstairs Laundry
3-Piece Ensuite

Furniture Planner

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Next Steps

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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

Duplex Home

Garage Stalls

2+

Colourboard Selection

MIAMI MOONLIGHT

Interior Rooms

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

Interior Features

3 Piece Ensuite: Yes
4 Piece Ensuite: No
5 Piece Ensuite: No
Side Entrance: No
Legal Suite: No
Finished Basement: No
Walkout Basement: No
Open to below: No
Condo Fees: No
Railings: No
9 Foot Main Floor: No
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:No
Stand Up Shower:No

Lot Features

Lot Size: 262.50 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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% Sold Prior to Framing Complete
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% Sold Prior to Home Completion
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% 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:June 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.

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Commute Time

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Mortgage amount

$ 0

Monthly payment

$0
Down payment assistance
This home has 2 programs available in assistance. See available programs

* 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:

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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