Skip to content

Clarington · Durham Region

Mortgages in Clarington, compared across lenders

We compare banks, credit unions and monoline lenders for your Clarington purchase, renewal or refinance, and explain the trade-offs in plain English.

We help households in Clarington, including Bowmanville, Courtice and Newcastle, buy, renew and refinance by comparing banks, credit unions, trust companies and monoline lenders. In September 2026 the median Clarington sale was $770,000, across 113 sales (TRREB, checked October 2026). Every mortgage is subject to lender approval; we arrange mortgages for properties in Ontario only.

Clarington in numbers

These are the latest published figures we could check for Clarington, each with its source and date. They describe the market, not your mortgage.

Home sales, September 2026

Median sale price
$770,000
Average sale price
$781,521
Sales
113
Months of inventory
3.2

Months of inventory is how long the homes listed for sale would take to sell at the recent pace of sales. Detached homes: 76 sales, median $837,500. January to September 2026: 1,003 sales, median $742,500.

Source: TRREB, GTA Market Watch, September 2026, Clarington row, all home types. Checked October 2026.

Residential property tax rate, 2026

Total rate
1.419218%

Made up of Clarington 0.485458% + Durham Region 0.780760% + education 0.153000%. The rate applies to the assessed value set by MPAC (the Municipal Property Assessment Corporation), not to the price you pay.

Source: Municipality of Clarington, 2026 Final Tax Rates, rates as per By-law 2026-023. Checked October 2026.

Renting, October 2025

Average two-bedroom rent
$1,754 a month
Vacancy rate
3.7%

A year earlier the rent was $1,686 and vacancy 3.6%. The survey covers purpose-built rental apartments in private buildings of three or more units.

Source: CMHC Rental Market Survey, Table 1.0, published 11 December 2025, Oshawa CMA (census metropolitan area). Checked October 2026.

Households, 2021 Census

Households that own
85.7%
Median household income (2020)
$112,000

Municipality of Clarington (census subdivision 3518017): 35,950 households, population 101,427. Income is for 2020, the year before the census.

Source: Statistics Canada, 2021 Census of Population, Census Profile, Municipality of Clarington (census subdivision 3518017). Checked October 2026.

GO bus 88B and Lakeshore East train to Union Station

Scheduled time
1 h 54 min

GO bus stops in Clarington: Bowmanville (King St. E.), Clarington Blvd. park and ride and Courtice. The time is for the weekday 5:43 a.m. bus from King St. E. in Bowmanville, changing at Durham College Oshawa GO to the 6:33 a.m. train. No GO train stops in Clarington.

Source: GO Transit schedules, tables 88 (bus) and 09 (Lakeshore East), effective 5 and 8 September 2026. Checked October 2026.

What's different about borrowing in Clarington

  • Clarington is outside the City of Toronto, so a purchase pays Ontario's land transfer tax only. Our land transfer tax calculator shows the amount.
  • Clarington's 2026 residential property tax rate is 1.419218% of the home's assessed value, counting the Clarington, Durham Region and education parts (Municipality of Clarington, 2026 Final Tax Rates, checked October 2026). MPAC sets the assessed value, and it is not the price you pay, so ask for the seller's current tax bill. Lenders count property tax in the housing costs they qualify you on (CMHC debt-service rules, checked October 2026).
  • A two-bedroom apartment in the Oshawa census metropolitan area (CMA), which includes Clarington, rented for $1,754 a month on average in October 2025, up from $1,686 a year earlier (CMHC, checked October 2026). Vacancy was 3.7%. If you rent now, set that rent against a mortgage payment plus property tax, heat and upkeep.
  • In the 2021 Census, 85.7% of households in the Municipality of Clarington owned their home, and the median household income in 2020 was $112,000 (Statistics Canada, checked October 2026).
  • No GO train stops in Clarington; GO buses 88 and 88B run to Durham College Oshawa GO. A weekday 5:43 a.m. bus from Bowmanville connects there with a train that reaches Union Station 1 hour 54 minutes after it left (GO schedule effective 5 and 8 September 2026, checked October 2026). If you will commute, put the fare in your budget next to the mortgage payment.

Outside Toronto you pay Ontario's land transfer tax only — work it out with the land transfer tax calculator. Also useful: Ontario closing costs · down payment rules.

Who we help in Clarington

We help Clarington households buy a first home, move up, renew or refinance. We compare banks, credit unions and monoline lenders (lenders that only do mortgages and work through brokers) first.

On a new build, the lender approves the mortgage near closing rather than at signing. Alternative lenders are the next step when a bank's rules don't fit, at a higher cost. Private money is a short bridge only, and we explain its cost first.

Questions from Clarington borrowers

Do I pay Toronto's land transfer tax in Clarington?

No. Clarington is outside the City of Toronto, so only Ontario's land transfer tax applies.

Illustrative, not a quote: on the September 2026 median Clarington sale of $770,000, Ontario's tax is $11,875, or $7,875 if you qualify for the full $4,000 first-time buyer refund (TRREB median and ontario.ca brackets, checked October 2026).

This is our arithmetic. 0.5% of the first $55,000 is $275, and 1% of the next $195,000 is $1,950. Then 1.5% of the next $150,000 is $2,250, and 2% of the last $370,000 is $7,400.

Your lawyer works out the exact amount at closing.

Can I get pre-approved before I start looking in Clarington?

Yes. A pre-approval gives you a price range and usually holds a rate for a set period. It is subject to lender approval of the home you choose and your final documents, and it is not a commitment to lend.

Can I work with you if I live in Clarington?

Yes. We work with borrowers across Ontario by phone and online; our office is in Richmond Hill.

Nearby: Oshawa · Whitby · Peterborough · Kawartha Lakes

General information for Ontario borrowers, not advice. Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722.

Sources

No cost to talk

Talk to a broker about your Clarington mortgage

Tell us what you're planning for a home in Ontario and a good number to reach you. We call back within one business day, usually sooner. We ask for documents only once we know which ones your mortgage needs.

You can also call us at (416) 371-2077.

What are you looking to do?
Roughly how large is the mortgage?

Optional

We use these details to call you back about your mortgage, and store them in Canada. If we introduce you to a partner broker, we tell you first and share only what you have given us here. See our privacy policy. Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722. A pre-approval or quote is subject to lender approval.