Sudbury residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Sudbury is Northern Ontario's largest city and the mining capital of Canada.
Population ~92,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Sudbury 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 Sudbury home buyers and savers.
The average residential home price in Greater Sudbury is approximately $380,000–$430,000, well below the provincial average, making it more accessible for first-time buyers. Always check CREA or local MLS data for current figures.
Yes. KOHO is a fully digital bank available across all of Canada, including Sudbury. There are no physical branches but you can use any Interac-enabled ATM and manage everything through the KOHO app. Use code 45ET55JSYA to earn $100 when you sign up.
No. Only the City of Toronto charges a municipal land transfer tax in Ontario. Sudbury buyers pay only the provincial Ontario LTT when purchasing property.
All Big 5 banks (RBC, TD, Scotiabank, BMO, CIBC) have branches in Greater Sudbury, along with a number of credit unions including Caisse Populaire and Northern Credit Union. EQ Bank and KOHO are top digital-only alternatives with no monthly fees.