Norfolk County · Norfolk County
Mortgages in Norfolk County, compared across lenders
We compare banks, credit unions and monoline lenders for your Norfolk County purchase, renewal or refinance, and explain the trade-offs in plain English.
We help households in Norfolk County, including Simcoe, Port Dover and Delhi, buy, renew and refinance by comparing banks, credit unions, trust companies and monoline lenders. In September 2026 the median Norfolk County sale was $569,000, across 70 sales (Cornerstone Association of REALTORS, checked October 2026). Every mortgage is subject to lender approval; we arrange mortgages for properties in Ontario only.
Norfolk County in numbers
These are the latest published figures we could check for Norfolk County, each with its source and date. They describe the market, not your mortgage.
Home sales, September 2026
- Median sale price
- $569,000
- Average sale price
- $592,545
- Sales
- 70
- Months of inventory
- 9.4
Months of inventory is how long the homes listed for sale would take to sell at the recent pace of sales. Single-family homes (the board's category, which leaves out semi-detached): 61 sales, median $620,000.
Residential property tax rate, 2026
- Total rate
- 1.658404%
Made up of County 1.505404% + education 0.153000%. The rate applies to the assessed value set by MPAC (the Municipal Property Assessment Corporation), not to the price you pay.
Renting, October 2025
- Average two-bedroom rent
- $993 a month
A year earlier the rent was $966. The survey covers purpose-built rental apartments in private buildings of three or more units.
Households, 2021 Census
- Households that own
- 81.6%
- Median household income (2020)
- $82,000
Norfolk County (census subdivision 3528052): 27,595 households, population 67,490. Income is for 2020, the year before the census.
What's different about borrowing in Norfolk County
- Norfolk County is outside the City of Toronto, so a purchase pays Ontario's land transfer tax only. Our land transfer tax calculator shows the amount.
- Norfolk County's 2026 residential property tax rate is 1.658404% of the home's assessed value, counting the County and education parts (Norfolk County, 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 Norfolk census agglomeration (CA), which includes Norfolk County, rented for $993 a month on average in October 2025, up from $966 a year earlier (CMHC, checked October 2026). If you rent now, set that rent against a mortgage payment plus property tax, heat and upkeep.
- In the 2021 Census, 81.6% of households in Norfolk County owned their home, and the median household income in 2020 was $82,000 (Statistics Canada, checked October 2026).
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 Norfolk County
We help Norfolk County 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 rural property with a well and septic system, lenders may ask for a water test and a septic inspection. 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 Norfolk County borrowers
Do I pay Toronto's land transfer tax in Norfolk County?
No. Norfolk County is outside the City of Toronto, so only Ontario's land transfer tax applies.
Illustrative, not a quote: on the September 2026 median Norfolk County sale of $569,000, Ontario's tax is $7,855, or $3,855 if you qualify for the full $4,000 first-time buyer refund (Cornerstone Association of REALTORS 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 $169,000 is $3,380.
Your lawyer works out the exact amount at closing.
Can I get a bank mortgage on a rural property in Norfolk County?
Usually, yes, for a home on a residential-sized lot. Lenders may ask for a water test and a septic inspection, and some limit how much land they will lend on. We check that before you make an offer.
Is there down-payment help in Norfolk County?
Yes. The Home Ownership Program run by Haldimand & Norfolk Health and Social Services lends up to 10% of the price as a 20-year interest-free loan, and says funding is available through the year on a first-come, first-served basis (HNHSS, checked October 2026).
Its limits are household income under $120,800 for a single person or $143,600 for a household, assets under $50,000 and a price under $705,833.
The federal and Ontario first-time buyer measures still apply: the FHSA, the RRSP Home Buyers' Plan and the land transfer tax refund.
Can I work with you if I live in Norfolk County?
Yes. We work with borrowers across Ontario by phone and online; our office is in Richmond Hill.
Nearby: Brantford · Hamilton · Woodstock
General information for Ontario borrowers, not advice. Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722.
Sources
- Cornerstone Association of REALTORS, Norfolk Monthly Indicator, September 2026, checked October 2026.
- Norfolk County, 2026 Final Tax Rates, 2026 tax year, checked October 2026.
- CMHC Rental Market Survey, Ontario tables 1.1.1 and 1.1.2, published 11 December 2025, October 2025, checked October 2026.
- Statistics Canada, 2021 Census of Population, Census Profile, Norfolk County (census subdivision 3528052), 2021 Census, checked October 2026.
- Haldimand & Norfolk Health and Social Services, Home Ownership Program, page as read in October 2026, checked October 2026.
- Ontario, Calculating land transfer tax, page updated 22 April 2026, checked October 2026.
- Ontario, Land transfer tax refunds for first-time homebuyers, page updated 10 February 2026, checked October 2026.
- CMHC, Calculating GDS and TDS, debt-service rules for insured mortgages, checked October 2026.
- Land transfer tax example: our arithmetic, Ontario's brackets applied to the Cornerstone Association of REALTORS September 2026 median, less the $4,000 first-time buyer refund, checked October 2026.
No cost to talk
Talk to a broker about your Norfolk County 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.