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 $527,900 Purchase Price $527,900
Buyers 5% down payment $26,395 Buyers 5% down payment $26,395
 Mortgage Insurance premium of 4% $20,060 Mortgage Insurance premium of 2.8% $14,042
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $52,790
You would require a Mortgage of $521,565 You would require a Mortgage of $468,775
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.

Sylvan B – 362037

1236 14 AVENUE NW,Aster,South East Edmonton

$527,900

Beds

4

Baths

3

SQ FT.

1582 Sq. Ft.

$333.69/Sq. Ft.
$1119
Bi Weekly
%

Estimated Construction Completion Date: March 22 2025 -June 20 2025

The Sylvan is where comfort, beauty and efficiency come together. Luxury Vinyl Plank Flooring throughout the main floor, inviting foyer with convenient large walk-in coat closet leads to cozy great room with lots of natural light through the large front window. The highly functional kitchen has quartz counter-tops (throughout home), 4" quartz backsplash, an island with a flush eating ledge, a Silgrante sink, Moen “Indie” chrome pull down faucet and plenty of Thermofoil cabinets with 36” uppers and soft close doors and drawers. There is a spacious panty with bi-fold doors tucked around the staircase, an over the range microwave and a SLD recessed lighting. The nook is located at the rear of the home with large windows looking out to the backyard, also located at the rear you have a main floor bedroom, a full 3 piece bath and a garden door giving accesses to the back yard that is surprisingly spacious. This home comes with a parking pad (with an option for a detached two-car garage). The upper floor has 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 and comfortable second and third bedrooms with plenty of closet space. Appliance package, 9 ft. main & basement floor ceilings, separate side entrance & rough-in plumbing in the basement are included.
Bonus Room
Upstairs Laundry
Main Floor Bedroom
4th Bedroom
3-Piece Ensuite
Side Entrance
9 Foot Main Floor
9 Foot Basement
Basement Rough-Ins Package
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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: Southwest