Buying a home for the first time can be overwhelming. It is a considerable investment and one of the most significant decisions of your life. But don’t worry, we’re here to help! To make the home-buying process easier and less stressful, we are proud to offer a First-time Home Buyer Program to help you purchase your dream home. Continue reading to learn how we are making homeownership more attainable!
What is the First Time Home Buyer Program?
To make homeownership more attainable, we are providing home buyers that qualify for a CMHC-insured mortgage with a reduced deposit structure when purchasing an Activa home. Once you qualify for CMHC-backed financing, our Sales Representatives will revise the deposit structure to 5% of the first $500,000.00 of the purchase price due at firm, and 10% of the remainder of the purchase price, due at either 30 days or occupancy (pending the project you are buying in to).
NOTE: Maximum purchase price must be less than $1 million.
Who is eligible and how do I get started?
To be eligible for this program, you must qualify for a CMHC-insured mortgage and must obtain a mortgage pre-approval from an Activa Mortgage Partner Program participant. It is important to note that you must use one of the contacts listed in our Mortgage Partner Program brochure for your mortgage approval – this program is only available through these partners!
NOTE: A valid mortgage pre-approval is required to purchase an Activa home. To learn more about mortgage approvals, click here.
Land Transfer Tax Refunds for First-Time Homebuyers
Did you know that first-time homebuyers who purchase a newly constructed home may be eligible for a refund of all or part of the land transfer tax in Ontario? To claim a refund, you must be 18 years of age, and you or your spouse cannot have owned a home previously. Click here to learn more about refund amounts, limitations and requirements to claim your refund of all or part of the tax payable.
Explore homes available with a CMHC-insured mortgage!
From traditional freehold townhomes to three-storey condo townhomes, and stacked condo townhomes at varying prices, discover beautiful open-concept homes you can purchase with a CMHC-insured mortgage.
Condo Townhomes in Trussler West
Rediscover the feeling of home in a Condo Townhome in Trussler West. Ranging from 1,303 sq. ft. to 2,018 sq. ft., 2 to 3+ bedrooms and 2.5+ bathrooms, there is something for everyone! Discover floorplan options that boast high standards of quality and comfort, offering distinct features and finishes for a beautiful place to call home. To learn more, click here.
Two-Over-Two Stacked Condo Townhomes at The Erinbrook Towns
Explore a Two-Over-Two Stacked Condo Towns at The Erinbrook Towns, each unit has its own private entrance and stunning-open concept main floor. Ranging from 2 – 3 bedrooms, 1.5 – 2.5 bathrooms, 1,222 – 1,392 sq. ft., and one parking space. Each of our Two-Over-Two Stacked Condo Townhome floorplans comes with distinctive standards for a beautiful home inside and out! To learn more, click here.
Stacked Condo Townhomes in Vista Hills
Explore contemporary Stacked Condo Towns in Vista Hills, each unit has its own private entrance and stunning-open concept main floor. Ranging from 2-3 bedrooms and 2-2.5 bathrooms, you ought to find something that meets your needs. Each of our Stacked Condo Townhome floorplans comes with distinctive standards for a beautiful home inside and out! To learn more, click here.
Rear-Garage Condo Townhomes at The Trailside Towns
On the edge of Waterloo’s countryside, discover a spacious Rear-Garage Condo Townhome with 4 bedrooms, 3.5 bathrooms, and a double-car garage. These Townhomes offer homeowners a peaceful and relaxing lifestyle with distinctive features and finishes that stand out! To learn more, click here.
30′ Net Zero Ready Single Detached Homes
Activa’s Net Zero Ready Single Detached Homes under $1 million are eligible for this program. This includes The Ivy, The Harrison, and The Liam floorplans. The following floorplans are available in Trussler West and Harvest Park.
30′ floorplans range from 3-3+1 bedrooms, 2.5+1 bathrooms, and a 1-car garage.
PURCHASE AN ACTIVA TOWNHOME TODAY:
- Stacked Condo Townhomes in Vista Hills – learn more and contact an agent today!
- Rear-Garage Condo Townhomes at The Trailside Towns – learn more and contact an agent today!
- Condo Townhomes in Trussler West – learn more and contact an agent today!
- Two-Over-Two Stacked Condo Townhomes at the Erinbrook Towns – learn more and contact an agent today!
- Select 30′ Net Zero Ready Single Detached Homes – learn more and contact an agent today!
To learn more about which townhome is right for you, click here.
To learn more about our homes + communities, click here.
Activa reserves the right to cancel its First-time Home Buyer program at any time for new sales going forward. Please see an Activa Sales Representative for details. E & O. E. October 19, 2022.