Chatham residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Chatham-Kent is the agricultural and manufacturing heart of Southwestern Ontario, offering affordable homes and a growing healthcare and logistics sector.
Population ~45,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Chatham buyers pay Ontario LTT only — no municipal land transfer tax applies here.
Rates: 0.5% ≤$55K · 1.0% $55K–$250K · 1.5% $250K–$400K · 2.0% $400K–$2M · 2.5% above $2M. FTB rebate: full ($4,000) if price ≤$368,000, partial up to $400,000, zero above $400,000.
Local answers for Chatham home buyers and savers.
Chatham-Kent typically offers very affordable home prices, often $350,000–$470,000, making it one of Southwestern Ontario's most accessible markets. Many first-time buyers qualify for a partial or full Ontario FTB rebate.
No. Only Toronto charges a municipal LTT. Chatham-Kent buyers pay only the provincial Ontario Land Transfer Tax.
Chatham-Kent has TD, RBC, Scotiabank, BMO, and CIBC branches. Libro Credit Union is a strong local cooperative option with deep roots in Southwestern Ontario's agricultural communities.
Yes — if your home is priced at $368,000 or less, you qualify for the full $4,000 Ontario FTB rebate. At $350,000, your gross LTT of approximately $3,475 would be fully covered, resulting in $0 net LTT.