Best Banks in Unionville, Markham (2025)

Top banking picks for Unionville and central Markham, York Region

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Best Banks in Unionville — 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. Unionville 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 Unionville 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 Unionville 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 Unionville 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 — Unionville

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

Ontario Land Transfer Tax:

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Banking & Real Estate in Unionville

Unionville is one of the GTA's most beloved heritage communities, known for its beautifully preserved Main Street, Toogood Pond, and festival culture that draws visitors from across the region. Located in Markham's west end, Unionville commands premium prices — averaging around $1.4 million — due to its charm, school quality, and strong community identity.

The community sits between Markham's downtown core and the Highway 404 corridor. Unionville GO station on the Stouffville line provides service to Union Station in approximately 40–50 minutes, making it a practical choice for downtown Toronto commuters who prioritize quality of life.

Unionville is known for its top-ranked schools including Unionville High School, its summer festival on Main Street, and a strong Chinese-Canadian cultural presence that has flourished over the past two decades. The area attracts multigenerational families and buyers from Scarborough and Toronto seeking Markham's premium suburban lifestyle.

Ontario LTT at Unionville's price point is significant. First-time buyers should review their rebate carefully. KOHO provides zero-fee banking ideal for households managing large mortgages. Meridian CU is York Region's largest credit union with competitive mortgage products, while the big banks serve Unionville extensively along Kennedy Road and Hwy 7.

Frequently Asked Questions — Banking in Unionville

What is the best bank in Unionville?
KOHO for zero-fee daily banking and cashback. EQ Bank for savings. Meridian CU for York Region mortgages. TD, RBC, and Scotiabank all have branches along the Markham and Unionville corridors.
How much is Ontario LTT in Unionville?
On a $1,400,000 home in Unionville, Ontario LTT is approximately $22,475. First-time buyers receive up to $4,000 rebate for a net of $18,475. Markham has no municipal LTT.
Is Unionville good for families?
Unionville is consistently ranked among the GTA's top family communities due to its highly-rated schools (including Unionville High School), safe walkable streets, Toogood Pond park, and active community events including the annual Unionville Festival.

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.