Mortgage strategy for Windsor physicians, where lower prices mean smaller mortgages and faster equity.
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.
Windsor Regional Hospital is in Windsor, Ontario. Affiliation: Schulich (Western) - Windsor. Other hospitals nearby: London Health Sciences Centre and Hotel-Dieu Grace Healthcare.
Price: CREA MLS Home Price Index, Windsor-Essex area, as published in the LSTAR July 2026 release. Tax: Ontario Ministry of Finance, calculating land transfer tax; Ontario, land transfer tax refunds for first-time homebuyers. Rates reviewed August 2026.
Physician mortgages in WindsorHighest purchase price, 10% down, no student debt, 4.49% stress tested at 6.49%, kept below the $1.5M insured limit. Resident pay: PARO-OTH arbitration decision, September 24, 2024, in effect 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. Program figures: Physician projected-income program factsheet, September 2023 edition.
Is Windsor affordable for physicians?
Yes. The Windsor-Essex benchmark price was $579,100 in July 2026, and only the Ontario land transfer tax applies, $8,057 at that price. Smaller mortgages let physicians build equity faster than in the GTA.
How much is land transfer tax in Windsor?
Windsor charges only the Ontario provincial land transfer tax, roughly $9,500 on a $650,000 home, with no municipal surcharge.
Closing costs in Windsor
