Listowel residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Listowel is a small North Perth town with a strong agricultural and manufacturing heritage.
Population ~8,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Listowel 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 Listowel home buyers and savers.
Listowel typically offers affordable home prices, often ranging from $380,000 to $520,000, making it accessible for first-time buyers. Properties near $368,000 may qualify for the full Ontario FTB rebate of $4,000.
No. Only the City of Toronto charges a municipal MLTT. Listowel buyers pay only the provincial Ontario Land Transfer Tax.
Listowel has a TD branch and access to Libro Credit Union. KOHO and EQ Bank are practical digital alternatives that work anywhere in Ontario without requiring a local branch.
Yes. Listowel has seen growth as a more affordable alternative to the Kitchener-Waterloo market. Its small-town character combined with proximity to larger centres (Kitchener is about 55 km away) makes it appealing for buyers seeking value.