Home/Mortgage/Toronto
Local market · Greater Toronto Area

Toronto mortgage rates, in local numbers.

The same live lender rates, put next to what a Toronto purchase actually takes — benchmark price, minimum down, the city's second land transfer tax, and the income to qualify. Built on GTA data, refreshed regularly.

GTA snapshot

What a Toronto purchase looks like right now.

Benchmark price
$1.06M
▼ 2.1% YoY
Min. down (benchmark)
$85,500
on $1.06M · tiered
Toronto LTT (city + prov.)
$32,950
▲ two land taxes
Income to qualify
$196k
at 4.09% · 20% down

GTA benchmark and neighbourhood figures are illustrative, drawn from regional board data and refreshed periodically. Toronto buyers pay both the municipal and provincial land transfer tax. First-time-buyer rebates may reduce the amount. Figures for orientation only.

Today's rates · GTA borrowers

Featured 5-year fixed for Toronto.

LenderTypeRatePayment*
NBNestoDigital lender
5yr fixed4.09%$4,485Get rate →
MCMCAPBroker channel
5yr fixed4.19%$4,533Get rate →
FNFirst NationalBroker channel
5yr var4.95%$4,910Get rate →
TDTD BankBig Six
5yr fixed4.79%$4,829Get rate →

*Illustrative monthly payment on an $848,000 mortgage (benchmark price, 20% down), 25-yr amortization. Rates for well-qualified borrowers, refreshed on business days. Not an offer of credit; your rate is set by the lender.

By neighbourhood

Benchmark price across the GTA.

Downtown Core
Condo-heavy
$742k
North York
Mixed
$1.18M
Scarborough
Detached / semi
$1.02M
Etobicoke
Detached
$1.11M
Mississauga
Suburban
$1.06M
Brampton
Suburban
$975k

Neighbourhood benchmarks are illustrative regional composites, refreshed periodically. Actual prices vary by property type, street and condition.

Local broker, national panel

Toronto rules, handled.

The double land transfer tax, the first-time rebate, the condo status certificate — a broker who works the GTA daily knows the local wrinkles and prices your file across the full lender panel.

What a licensed mortgage professional does
  • Toronto LTT & first-time rebate handled
  • Condo & new-build financing experience