Tillsonburg residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Tillsonburg is a growing Oxford County town known for manufacturing and Devonian limestone.
Population ~18,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Tillsonburg 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 Tillsonburg home buyers and savers.
Tillsonburg home prices have risen with the broader Southwestern Ontario market, typically ranging from $450,000 to $600,000. First-time buyers near the lower end may receive a partial Ontario FTB rebate.
No. Only Toronto levies an MLTT. Tillsonburg buyers pay only the provincial Ontario Land Transfer Tax.
Tillsonburg has TD, Scotiabank, and RBC branches. Community credit unions including OMISTA are also active in the area. KOHO and EQ Bank are strong digital options.
At $500,000, the Ontario LTT would be approximately $6,475. No FTB rebate applies above $400,000. Use the calculator above for the exact breakdown.