What is the minimum down payment in Ontario in 2026?
By Natalia Halenda, Sales Representative, RE/MAX Jazz Inc., Brokerage. Updated
The short answer
5% of the first $500,000 of the price and 1% of the part above it, up to $1,500,000. A home at $1,500,000 or more needs 2% down, because mortgage insurance is not available.
From the guide: How much does it cost to buy a home in Durham Region in 2026?
More questions from this guide
General information, not legal, tax or mortgage advice. Rates, prices and rebate rules change often. Confirm the details with your real estate lawyer and a licensed mortgage professional before you make a decision.