The Vaughan physician market.
Vaughan pairs new housing stock and rapid transit with a brand-new acute care hospital, Cortellucci Vaughan Hospital, which opened as the first new hospital built in Ontario in roughly thirty years. Physicians get modern facilities and York Region tax treatment rather than the City of Toronto surcharge.
New detached subdivisions and transit-oriented condos near the VMC define the market; detached homes sit above $1.4M.
Closing costs: ontario provincial ltt only.
Why Vaughan physicians use a specialist.
- —Cortellucci Vaughan Hospital brought a modern acute care site and new physician roles to York Region.
- —No City of Toronto municipal land transfer tax keeps closing costs lower than downtown.
- —New-build inventory suits physicians who want move-in-ready homes near transit.
- —Projected-income and corporate-income qualification apply the same as anywhere in Ontario.
Teaching hospitals in Vaughan.
We work with physicians across Vaughan’s teaching network, from residents and fellows to attending and incorporated staff.
Vaughan physician mortgage questions.
Does Vaughan have the Toronto land transfer tax?01
No. Vaughan is in York Region, outside the City of Toronto, so buyers pay only the Ontario provincial land transfer tax. On a $1.2M home that is roughly $20,500, about $20,000 less than inside Toronto.
Is Vaughan a good market for physicians?02
Yes, particularly for physicians tied to the new Cortellucci Vaughan Hospital or who want new-build housing near transit, with York Region tax treatment rather than the City of Toronto surcharge.
Prices and payment examples are estimates for planning only. Your actual numbers depend on income, down payment, debt, credit, location, and current lender pricing.