EQ Bank pays 3% on everyday savings with zero monthly fees. Madoc residents enjoy Canada's highest CDIC-insured savings rate, fully managed digitally. Whether you're near the Moira River and the former O'Hara Mill conservation area or commuting to Bancroft, EQ Bank earns more on your money with no branch needed.
KOHO gives Madoc residents 5% cashback on everyday spending with $0 monthly fees. Perfect for families in Hastings County looking to save more. Use code 45ET55JSYA at sign-up for a $100 welcome bonus — one of the best bank deals in Madoc for 2025.
Tangerine offers 5% promotional savings rates for new and returning customers. Madoc homebuyers can use this promo to maximize interest on their down payment before purchasing in Hastings County. No fees and no minimums make it ideal for first-time buyers.
Scotiabank serves Hastings County with branches and ATMs across the area. The Scene+ rewards program earns points at Cineplex, Sobeys, and local partners. Full mortgage, RRSP, TFSA, and business banking available for Madoc residents and nearby communities.
TD serves Hastings County with full-service branch banking. The All-Inclusive Plan fee is waived with a $5,000 minimum balance. Great for Madoc residents who value in-person service, mortgages, and TD Direct Investing for their Hastings County property and portfolio.
RBC serves Hastings County with full-service banking and competitive mortgage rates for Madoc homebuyers. RBC Avion earns travel rewards on daily spending. A strong choice for first-time buyers and move-up buyers exploring properties near the Moira River and the former O'Hara Mill conservation area.
Calculate your Ontario LTT and first-time buyer rebate for a Madoc home purchase. No Toronto municipal LTT applies here.
Ontario Land Transfer Tax:
Frequently Asked Questions — Banking in Madoc
What is the best bank for Madoc residents in 2025?
KOHO is the top pick for everyday banking in Madoc — $0 monthly fees, 5% cashback promo, and a $100 welcome bonus with code 45ET55JSYA. For savings, EQ Bank's 3% no-fee HISA beats every big bank. Madoc residents in Hastings County also have access to Scotiabank, TD, and RBC branches for in-person needs including mortgages, RRSPs, and business banking.
How much is Ontario Land Transfer Tax on a Madoc home?
On a $400,000 home in Madoc, Ontario LTT is approximately $4,225. First-time buyers receive a rebate of up to $4,000, reducing the net to about $225. Madoc has no additional municipal land transfer tax — only the provincial Ontario LTT applies. Use the calculator above for a precise estimate on your purchase price.
Does Madoc have a municipal land transfer tax?
Madoc has no municipal land transfer tax. Only the Ontario provincial LTT applies when buying a home in Madoc or anywhere in Hastings County. This is a significant advantage over Toronto, where buyers pay both provincial LTT and an additional Toronto municipal LTT. First-time buyers in Madoc also qualify for up to a $4,000 Ontario LTT rebate, or a full exemption on purchases up to $368,000.
What is the real estate market like in Madoc, Ontario?
Madoc offers some of Hastings County's most affordable housing at averages under $400K, popular with rural lifestyle buyers. Digital banks like EQ Bank (3% HISA) and KOHO ($100 bonus) are popular for Madoc homebuyers saving for a down payment. KOHO's no-fee structure works especially well for residents commuting to Bancroft or working remotely. Use code 45ET55JSYA to get a $100 bonus when opening a KOHO account.
Disclaimer: Rates and offers are subject to change. The KOHO 5% cashback is a promotional rate and may vary. Ontario LTT calculations are estimates — consult a real estate lawyer for exact amounts. This page is for informational purposes only and does not constitute financial advice. Bremo.io may earn referral compensation from partner links.