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 $759,900 Purchase Price $759,900
Buyers 5% down payment $37,995 Buyers 5% down payment $37,995
 Mortgage Insurance premium of 4% $28,876 Mortgage Insurance premium of 2.8% $20,213
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $75,990
You would require a Mortgage of $750,781 You would require a Mortgage of $674,791
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.

$759,900

Price

5

Beds

4

Baths

2836 Sq. Ft.

$267.95/Sq. Ft.
$1119
Bi Weekly
%

October 27 2023 -January 25 2024

Estimated Construction Completion Date

The Thomas is a beautiful single family home with 9' ceilings on main & lower level. Attached double car garage & separate side entrance. Large foyer and mudroom that has a large closet. Open floor plan with Luxury Vinyl plank flooring throughout the main floor. Kitchen with Thermofoil cabinets, quartz counter tops (throughout home), Full height tiled backsplash, an island with flush eating ledge and Silgranit sink, chimney style hood fan, spice kitchen off main kitchen that can also be accessed through mudroom and pendant & SLD recessed lighting. Great room with fireplace and nook have large windows and sliding glass patio doors with transom windows above, main floor bedroom and full bath complete the main floor. The upper floor features a large bonus room with coffer ceiling, a 3 piece main bathroom, laundry room and a second 3 piece bath off the bonus room. The primary bedroom has a coffered ceiling and a large walk-in closet and 5 piece master ensuite with double sinks, a walk-in shower and large corner tub. Three more bedrooms make up the upper floor. Appliance package and rough-in plumbing in the basement are included.
Mudroom
Spice Kitchen
Bonus Room
Upstairs Laundry
4th Bedroom
5th Bedroom
5-Piece Ensuite
Side Entrace
9 Foot Main Floor
9 Foot Basement
Side Windows
Basement Rough-Ins Package

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

Front Attached Garage Home

Garage Stalls

2+

Interior Rooms

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

Interior Features

3 Piece Ensuite: No
4 Piece Ensuite: No
5 Piece Ensuite: Yes
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: Yes
Previous show home: No
Includes Landscaping: No

Included Upgrades and Options

Luxury Kitchen Pkg:No
Luxury Garage Pkg:No
Basement Rough-Ins Pkg:Yes
Stand Up Shower:No

Lot Features

Lot Size: 363.99 m2
Lot Location: Interior
Lot Shape: Regular
Walkout: No
Zero Lot: No
Park View: No
Lake View: No
Lot Direction: South

Appliance

Warranty

+ 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

%
% 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

Market Analysis

This home is listed at:

$759,900

GREAT

GOOD

FAIR

ABOVE

This home is priced $16,650  BELOW AVERAGE MARKET VALUE. It is compared to homes currently listed on MLS based on a variety of factors including area of the city, square footage, year built and building type. The average price of comparable homes currently listed on MLS is $776,550.

Estimated construction completion date:August 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.

Commute Time

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Mortgage amount

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Monthly payment

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* 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.

A Home Builder You Can Trust

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Interested in this home?

Give us a call! We can't wait to help you learn more about your community and your new home! Call: 780-800-7594