Ridgetown residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Ridgetown is a small community in Chatham-Kent, home to the University of Guelph Ridgetown Campus and surrounding farmland.
Population ~3,200 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Ridgetown 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 Ridgetown home buyers and savers.
Ridgetown homes are very affordable, typically ranging from $280,000 to $390,000. Most first-time buyers here qualify for the full $4,000 Ontario FTB rebate.
No. Only Toronto charges a municipal LTT. Ridgetown (Chatham-Kent) buyers pay only the provincial Ontario Land Transfer Tax.
Ridgetown has limited local branches. Residents typically bank in Chatham or Blenheim. Digital banks like EQ Bank and KOHO offer full services without branch visits.
The Ridgetown Campus specializes in agricultural programs and diplomas. It makes Ridgetown a small college town, with some student rental property demand alongside the traditional housing market.