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 $500,900 Purchase Price $500,900
Buyers 5% down payment $25,045 Buyers 5% down payment $25,045
 Mortgage Insurance premium of 4% $19,034 Mortgage Insurance premium of 2.8% $13,324
Additional Down Payment As Shared Equity $0 Additional 10% as shared equity $50,090
You would require a Mortgage of $494,889 You would require a Mortgage of $444,799
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 P2 – 432006

659 173 AVENUE NE,Marquis,North East Edmonton

$500,900

Beds

4

Baths

3

SQ FT.

1611

$310.92/Sq. Ft.
$1119
Bi Weekly
%

Estimated Construction Completion Date: June 11 2025 -September 09 2025

Immerse yourself in the elegance and superior craftsmanship that The Sylvan exudes. Enveloped in luxurious Vinyl Plank Flooring throughout the main floor, the inviting foyer, complete with a spacious walk-in coat closet, leads to a cozy great room filled with an abundance of natural light from the large front window. The kitchen, a hub of functionality, showcases beautiful quartz countertops and a convenient island equipped with a flush eating ledge. The kitchen also features ample Thermofoil cabinets completed with soft-close doors and drawers and an over-the-range microwave. Tucked away around the staircase discover a roomy pantry. The rear of the home features a delightful nook, flooded with natural light from the window that frames the quaint backyard. This area also presents a main floor bedroom, a full 3-piece bathroom, and a garden door that efficiently segues into the outdoor space. The Sylvan includes a parking pad, with the versatility to upgrade to a detached two-car garage. The upper floor is a harmonious blend of practicality and comfort, featuring a brightly lit primary suite with a walk-in closet and a 3-piece ensuite, complete with a tub/shower combo. An additional 3-piece bathroom, a laundry closet, and comfortable second and third bedrooms, each with ample closet space, round out this level. 9 ft. ceilings on main & basement floors, 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: North

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:No

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

Commute Time

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Years
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Mortgage amount

$ 0

Monthly payment

$0
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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