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 $480,900 Purchase Price $480,900
Buyers 5% down payment $24,045 Buyers 5% down payment $24,045
 Mortgage Insurance premium of 4% $18,274 Mortgage Insurance premium of 2.8% $12,792
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $48,090
You would require a Mortgage of $475,129 You would require a Mortgage of $427,039
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.

Sansa D – 352012

177 SUNLAND WAY,Summerwood,Sherwood Park

$480,900

Beds

3

Baths

2.5

SQ FT.

1477 Sq. Ft.

$325.59/Sq. Ft.
$1119
Bi Weekly
%

November 27 2024 -February 25 2025

Estimated Construction Completion Date

The Sansa is where comfort, beauty and efficiency come together in this Evolve home. Luxury Vinyl Plank Flooring throughout the main floor. Inviting foyer with convenient coat closet leads to cozy great room with lots of natural light through the large front window and an open concept dining area. The highly functional L shaped kitchen located at the rear of the home has quartz counter-tops (throughout home), an over the range microwave, 4" quartz backsplash, an island with flush eating ledge, a Silgranit sink with views out the window above and plenty of Thermofoil cabinets with soft close doors & drawers, for storage including a pantry & pendant & SLD recessed lighting. The 1/2 bath is located near the rear entry and leads to a surprisingly spacious back yard and parking pad (with an option for a detached two-car garage). The upper floor has an open loft area and upper floor laundry area. A bright master suite offers a substantial walk-in closet and a 3 piece ensuite with a stand up shower. The main 3 piece bath and comfortable second and third bedrooms with plenty of closet space complete the upper floor. Appliance package & 9 foot main floor ceilings are included.
Bonus Room
Upstairs Laundry
3-Piece Ensuite
9 Foot Main Floor
Please note: This home may have undergone adjustments, including changes to window placement, garage size, and/or other modifications, which are not reflected in the provided floorplan below. Exact floorplans for this project are pending and will be made available upon completion. Please consult with our Area Sales Manager for further details.
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Lot Features

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