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 $0 Purchase Price $0
Buyers 5% down payment $0 Buyers 5% down payment $0
 Mortgage Insurance premium of 4% $0 Mortgage Insurance premium of 2.8% $0
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $0
You would require a Mortgage of $0 You would require a Mortgage of $0
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 R2 – 10155

7121 47A STREET,Le Rêve,Beaumont

SOLD

Beds

4

Baths

3

SQ FT.

1583

$1119
Bi Weekly
%
Availability Status: Sold

Estimated Construction Completion Date: October 02 2024 -December 31 2024

The Sylvan is 1,582 sq. ft. of comfort, beauty and efficiency that come together in this Evolve home. 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 pantry 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 with a walk-in shower 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 walk-in shower, 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.
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
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: West

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: Yes
4th Bedroom: Yes
5th Bedroom: No

Interior Features

3 Piece Ensuite: Yes
4 Piece Ensuite: No
5 Piece Ensuite: No
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:Yes
Smart Package:Yes

Appliance

Warranty

+ 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

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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 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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