Mortgage strategy for U of A Hospital residents, fellows, and attending staff, in one of the most attainable major markets in Canada.
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.
University of Alberta Hospital is in Edmonton, Alberta. Affiliation: University of Alberta. Other hospitals nearby: Stollery, Royal Alexandra and Grey Nuns.
Price: CREA MLS Home Price Index, Edmonton area, as published in the LSTAR July 2026 release. Tax: Alberta Land Titles fee schedule and Land Titles Act s. 64.1. Rates reviewed August 2026.
Physician mortgages in EdmontonHighest purchase price, 10% down, no student debt, 4.49% stress tested at 6.49%, kept below the $1.5M insured limit. Resident pay: PARA 2024-2028 agreement, article 35.03, in effect July 2026. The July 1, 2027 column is already published: $68,789 to $113,000. Program figures: Physician projected-income program factsheet, September 2023 edition.
Does Edmonton have a land transfer tax?
No. Alberta has no land transfer tax. U of A Hospital physicians pay land title registration fees instead: on the July 2026 Edmonton benchmark of $422,900 the transfer levy is $475, plus a separate fee to register the mortgage.
Closing costs in EdmontonCan a new attending afford a detached home near the U of A Hospital?
Often yes. Edmonton is among the most attainable major markets in Canada, so detached ownership on attending income is realistic early in a career, especially with no land transfer tax at closing.
