Purchase Calculator
St. Thomas, Ontario

In St. Thomas, Ontario, the minimum down payment is 5% for homes under $500,000, 10% on the portion between $500,000–$999,999, and 20% for homes $1 million+. CMHC insurance is required for down payments under 20%.

Home prices in St. Thomas vary by neighbourhood and property type. Use our purchase calculator to estimate your total costs based on your target price in St. Thomas, including down payment, CMHC insurance, and closing costs.

Yes! First-time home buyers in St. Thomas can access federal programs like the FHSA (First Home Savings Account), RRSP Home Buyers' Plan, and Ontario land transfer tax rebates. Our calculator factors in all first-time buyer benefits.