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 $476,900 Purchase Price $476,900
Buyers 5% down payment $23,845 Buyers 5% down payment $23,845
 Mortgage Insurance premium of 4% $18,122 Mortgage Insurance premium of 2.8% $12,686
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $47,690
You would require a Mortgage of $471,177 You would require a Mortgage of $423,487
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.

Stellar D – 352013

181 SUNLAND WAY,Summerwood,Sherwood Park

$476,900

Beds

3

Baths

2.5

SQ FT.

1410 Sq. Ft.

$338.23/Sq. Ft.
$1119
Bi Weekly
%

Estimated Construction Completion Date: December 07 2024 -March 07 2025

The Stellar 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. The highly functional centrally located kitchen has quartz counter-tops (throughout home), 4" quartz backsplash, Silgranite sink, an island with a flush eating ledge, plenty of Thermofoil cabinets with 36 inch uppers and soft close doors and drawers and the spacious pantry is concealed behind bi-fold doors. pendant & SLD recessed lighting. At the rear of the home you have the dining area that has large windows looking out into the back yard, the 1/2 bath and the rear entry that 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, a bright primary suite with a walk-in closet and a 3-piece ensuite with a tub/shower combo, a main 3-piece bath, a laundry closet for a stackable washer/dryer and comfortable second and third bedrooms with plenty of closet space. Appliance package & 9 ft. ceilings on main level are 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.
Bonus Room
Upstairs Laundry
3-Piece Ensuite
9 Foot Main Floor
See how your furniture fits and explore all this floor plan has to offer!
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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

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

Detached Garage Home

Garage Stalls

2+ Parking Pad

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: Yes
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
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

%
% Sold Prior to Drafting Complete
%
% Sold Prior to Stakeout Complete
%
% Sold Prior to Framing Complete
%
% Sold Prior to Home Completion
%
% Sold Prior to Drafting Complete
%
% Sold Prior to Stakeout Complete
%
% Sold Prior to Framing Complete
%
% 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:January 2025

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

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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.

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

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COST SAVINGS FOR YEAR

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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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