Leamington residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Leamington is the tomato capital of Canada, known for its greenhouse industry, Point Pelee National Park, and Lake Erie shoreline.
Population ~30,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Leamington 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 Leamington home buyers and savers.
Leamington homes typically range from $380,000 to $520,000, making it one of the more affordable communities in Essex County. Many first-time buyers near the lower end of this range can qualify for the Ontario FTB rebate.
No. Only Toronto applies a municipal LTT. Leamington buyers pay only the provincial Ontario Land Transfer Tax.
Leamington has branches of TD, RBC, Scotiabank, and CIBC. Libro Credit Union provides a local cooperative alternative with competitive mortgage and savings options.
Leamington offers affordable home prices, Lake Erie waterfront access, and strong employment in the greenhouse agriculture sector, making it attractive for families and retirees.