MAKE YOUR FIRST
HOME A REALITY
The First Place Program
The First Place Program is a City of Edmonton initiative that puts home ownership for first time buyers in Alberta within reach. Landmark Homes is one of two exclusive builders offering this program for townhome communities in Edmonton.
The program is designed not only to provide a beautiful new townhome to first time buyers, but to give individuals the opportunity to enter the market with a financial advantage. With First Place, land payments are deferred for the first five years. The amount of land is taken off the total price of your home, so your mortgage payments are smaller, leaving more money for you and your family to enjoy life’s precious moments.
Based on the cost of a home at $295,000, you could
over the course of five years.
|First Place||Non First Place|
|Cost of Mortgage in the first five years||$257,570.71||$291,740.25|
|Payment per Month||$1,260.63||$1,427.87|
|Savings per Month||$167.24||$0|
|Total Savings in five years||$10,034.20||$0|
Great Locations in Established Communities
Our First Place Program communities are built in established neighbourhoods in Edmonton. These desirable and mature areas are close to amenities, transit and schools. Many of our First Place communities even back onto a park!