Best Banks in Milliken, Markham (2025)

Banking options for Milliken and the Steeles/Markham Road corridor

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Best Banks in Milliken — 2025 Rankings

EQ
EQ Bank
Digital · No Fees
3.00%
everyday savings interest
EQ Bank pays 3% on everyday savings with zero monthly fees and no minimum balance. Milliken residents saving for a down payment benefit from one of Canada's highest CDIC-insured savings rates — all managed from your phone.
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CU
Meridian Credit Union
Local Credit Union
Member
owned & community focused
Meridian Credit Union is Ontario's largest credit union, serving York Region residents with competitive mortgage rates, cashback chequing, and free digital banking. Member-owned with strong community roots and top-rated customer service scores.
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TD
TD Bank
Largest Branch Network
$0
fee with $5,000 min balance
TD Bank serves Milliken with convenient branch access and weekend hours. The All-Inclusive Plan fee is waived with a $5,000 balance. Excellent for mortgage seekers, TD Direct Investing clients, and families who value in-person service.
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RBC
RBC Royal Bank
Canada's Largest Bank
Avion
travel rewards program
RBC is Canada's largest mortgage lender and a strong choice for Milliken buyers. The RBC Avion Visa earns travel rewards on daily spending. Full-service banking with RRSPs, TFSAs, investment accounts, and competitive mortgage rates.
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SC
Scotiabank
Full-Service Bank
Scene+
rewards on every purchase
Scotiabank offers Milliken residents the Scene+ rewards program — earn points at Cineplex, Sobeys, and thousands of partners. Great for full in-person service, mortgages, and integrated investment products.
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Ontario Land Transfer Tax Calculator — Milliken

Calculate your Ontario LTT and first-time buyer rebate for a Milliken home purchase.

Ontario Land Transfer Tax:

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Banking & Real Estate in Milliken

Milliken is a neighbourhood in south Markham, centred around the Steeles Avenue and Markham Road intersection. The area is one of the GTA's most vibrant Chinese-Canadian commercial and residential districts, with Pacific Mall and Market Village forming a major retail anchor that draws shoppers from across the region.

Home prices in Milliken average around $1.1 million, driven by high demand from Chinese-Canadian families who value the area's cultural infrastructure, top-ranked schools, and proximity to Scarborough and Toronto. The TTC's 39 Finch East bus and connections to VIVA routes provide transit access without direct subway service.

Milliken's commercial strip on Steeles features dense retail including banks, restaurants, grocery stores, and professional services catering to the local Chinese community. Multiple branches of major Canadian banks operate in the area, as do international banks serving cross-border financial needs.

For Milliken homebuyers, KOHO's zero-fee banking works well alongside traditional big bank relationships. EQ Bank provides competitive savings rates for down payment accumulation. Meridian CU is the York Region credit union option, while TD, RBC, BMO, and Scotiabank all maintain active branches along the Steeles corridor.

Frequently Asked Questions — Banking in Milliken

What is the best bank in Milliken, Markham?
KOHO for zero fees and cashback. EQ Bank for savings rates. For in-person banking and mortgages, TD, RBC, and Scotiabank all have branches in the Milliken and Steeles corridor. Meridian CU serves the broader York Region market.
How much is Ontario LTT in Milliken?
On a $1,100,000 home in Milliken (Markham), Ontario LTT is approximately $17,475. First-time buyers receive up to $4,000 rebate for a net of $13,475. Markham has no municipal LTT.
What makes Milliken unique in the GTA?
Milliken is home to Pacific Mall, one of North America's largest Chinese-Canadian shopping malls, and Market Village. The area's dense Chinese retail and cultural infrastructure makes it one of the GTA's most self-contained ethnic commercial districts, drawing visitors from across Ontario.

Also see: Ontario Land Transfer Tax Guide · Best Banks in Ontario

Disclaimer: Rates and offers are subject to change. The KOHO 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.