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	$749,900	Purchase Price	$749,900
Buyers 5% down payment	$37,495	Buyers 5% down payment	$37,495
Mortgage Insurance premium of 4%	$28,496	Mortgage Insurance premium of 2.8%	$19,947
Additional Down Payment As Shared Equity	$0	Additional 10% as shared equity	$74,990
You would require a Mortgage of	$740,901	You would require a Mortgage of	$665,911
Your Monthly payment will be	$1,788	Your Monthly payment will be	$1,634

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.

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Accolade A – 360006

1237 16A AVENUE NW,Aster,South East Edmonton

Viewed 2926 times in the last 72 hours.

Accolade A-Job 360006-1237-16A Ave NW-Exterior

3D Walkthrough

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$749,900

Beds

4

Baths

3

SQ FT.

2477 Sq. Ft.

$302.75/Sq. Ft.

$1119
Bi Weekly

Get A Preferred Builder Rate

Estimated Construction Completion Date: Move In Ready!

The Accolade is a 2477 sq. ft. This Evolve model has everything you want and need in a home. Double attached garage with 2 ft added to the width (not shown on floor plan), separate side entrance & 9' ceilings on the main and lower floors & Luxury Vinyl Plank Flooring throughout the main floor. Inviting foyer with large coat closet and from garage door access there is another walk-in closet and a convenient full 3 piece bath. Down the hallway there is bedroom with a walk-in closet and from there it opens up to the open concept Nook, Great Room & Kitchen. The highly functional kitchen has generous quartz counter-tops (throughout home) an island with flush eating ledge, Silgranit sink with a Moen “Indie” black matte pull down faucet, a microwave shelf, chimney style hood fan, full height tiled backsplash and plenty of Thermofoil cabinets with Upper to the ceiling & crown moulding and soft close doors and drawers. There is also a large corner pantry and SLD recessed & pendant lighting. Off the kitchen there is a full spice kitchen. Great room with fireplace and nook have large windows and a garden door to the back yard. A bright primary suite offers a walk-in closet and 5-piece ensuite with double sinks, a tub and a walk-in shower w/ glass doors. There is a convenient bonus room, a main 3-piece bath, a laundry area and three more comfortable bedrooms with plenty of closet space. A beautiful appliance package, upgraded railings, rough-in plumbing in the basement & extra side windows are also 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.

Spice Kitchen

Bonus Room

Upstairs Laundry

Main Floor Bedroom

4th Bedroom

5th Bedroom

5-Piece Ensuite

Side Entrance

Railings

9 Foot Main Floor

9 Foot Basement

Side Windows

Luxury Kitchen Package

Basement Rough-Ins Package

This home is BUILT GREEN® Certified: GOLD

This home is Built Green® certified! As the homeowner of a house certified through Built Green Canada, you will enjoy a healthier, more durable home with a lower environmental impact. These homes are affordable with a reduction in monthly operating costs and improved resale value, and more. Preserving natural resources means leaving more for future generations to enjoy. Learn More

Mortgage Rebate for BUILT GREEN® Homeowners

Single family new homes certified BUILT GREEN® Gold, BUILT GREEN® Platinum, or have under 11.4 tonnes per year of greenhouse gas emissions are eligible for a partial mortgage loan insurance premium refund of 25%. Learn More & calculate the savings.

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Next Steps

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Lot Features

Lot Location: Interior

Lot Shape: Pie

Walkout: No

Zero Lot: No

Park View: No

Lake View: No

Lot Direction: Northeast

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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

Interior Rooms

Mudroom: No

Den: No

Spice Kitchen: Yes

Bonus Room: Yes

Upstairs Laundry: Yes

Main Floor Bedroom: Yes

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: Yes

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:Yes

Luxury Garage Pkg:No

Basement Rough-Ins Pkg:Yes

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.

+ Additional Resources

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

How do we calculate the likelihood to sell percentage?

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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* 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.

Please note that these prices can change without notice due to architectural controls, stage of construction, exterior elevation requirements, and unforeseen fluctuations in the cost of products, raw materials or labour. We carefully check pricing and product specifications, but occasionally errors can occur, so we reserve the right to change both without notice. Call 780-800-7594 in order to obtain the complete information on each property.

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.

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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	5%	10%	15%	20%
List Price:	$749,900	$749,900	$749,900	$749,900
Down Payment:	$37,495	$74,990	$112,485	$149,980
Mortgage Amount:	$712,405	$674,910	$637,415	$599,920
Mortgage Insurance Fee:	$28,496	$20,922	$17,848	$0
Total Mortgage & Insurance Fee:	$740,901	$695,832	$655,263	$599,920
Mortgage Payment:	$4,828	$4,573	$4,319	$4,065
Promo Mortgage Payment:	$4,119	$3,902	$3,685	$3,468

Available Programs

Accolade A – 360006

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Accolade A – 360006

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Accolade A – 360006

$749,900

Accolade A – 360006

$749,900

4

3

2477 Sq. Ft.

Next Steps

Lot Features

Building Type

Garage Stalls

Interior Rooms

Interior Features

Included Upgrades and Options

Appliance

Warranty

+ Additional Resources

Estimated construction completion date:January 2025

Commute Time

A Home Builder You Can Trust

Interested in this home?