What a home costs in Burlington, what you pay to close, and how much a physician program lets you buy.
Benchmark price for Burlington, July 2026, from the Toronto Regional Real Estate Board, Market Watch July 2026, City of Burlington. Other cities show the MLS Home Price Index benchmark unless marked. Figures reviewed August 2026.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
Burlington is in Halton Region, outside the City of Toronto, so buyers pay only the Ontario provincial land transfer tax with no municipal surcharge. On a $1.05M home that is roughly $17,475.
Sources: Ontario Ministry of Finance, calculating land transfer tax; Ontario, land transfer tax refunds for first-time homebuyers. Rates reviewed August 2026.
Physician programs qualify residents on $185,000 in PGY-1 and PGY-2 and $225,000 from PGY-3, not on these salaries.
PARO, PARO-OTH arbitration decision, September 24, 2024, in effect from July 2025. The agreement expired June 30, 2026. PARO states its terms, including salary, stay in effect until a new agreement is reached. No 2026 grid had been published when this table was reviewed.
Does Burlington charge a municipal land transfer tax?
No. Burlington is in Halton Region, so buyers pay only the Ontario provincial land transfer tax. On a $1.05M home that is roughly $17,475, with no City of Toronto municipal surcharge.
Is Burlington good for physicians at McMaster or Hamilton hospitals?
Yes. Burlington offers lakefront living with a straightforward commute to McMaster and Hamilton Health Sciences, plus local Joseph Brant Hospital, at prices below Oakville.
