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Halton Region, Ontario Updated June 8, 2026

Best Mortgage Rates in
Burlington

Waterfront premium with stable suburban demand

🏠
Avg. Home Price $1,100,000 -2.1% YoY
🏢
Avg. Condo Price $580,000
📅
Days on Market 29
Best 5-Yr Fixed 4.04%
📊 Rate Comparison

Compare Mortgage Rates in Burlington

Updated June 8, 2026

Today's Best Mortgage Rates

Compare discounted rates from Canada's top lenders. These are actual rates you can get - not posted bank rates.

Featured Mortgage Rates

Best discounted rates available today – sorted by lowest rate

Term Lender Best Rate
2-Year Fixed National Bank 4.24% Get This Rate
7-Year Fixed National Bank 4.54% Get This Rate
1-Year Fixed MCAP 4.69% Get This Rate
10-Year Fixed MCAP 4.69% Get This Rate

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* Rates shown are discounted rates for insured mortgages. Rates may vary based on credit profile, down payment, and property type. Subject to change without notice. OAC.

🏙️ Market Overview

Burlington Mortgage Market Overview 2026

Burlington offers lakefront living with excellent GO Transit access to Toronto. The average home price of $1,100,000 positions it between Hamilton's affordability and Oakville's premium market. Downtown Burlington has evolved into a vibrant urban core with condos, restaurants, and Spencer Smith Park. The city attracts buyers seeking quality of life, good schools, and manageable commutes.
💡 Local Insights

Mortgage Tips for Burlington Buyers

Expert advice tailored to the local Burlington real estate market.

First-Time Buyers

North Burlington offers newer townhomes at more accessible prices.

Min. down payment: $55,000 (5% of avg. price)

Refinancing

Burlington's waterfront properties have strong appreciation—consider HELOC for upgrades.

Investment Property

Downtown Burlington rentals benefit from young professional demand.

Ready to buy in Burlington?

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📍 Neighborhoods

Popular Areas in Burlington

Downtown Burlington
Aldershot
Appleby
Tyandaga
Millcroft
Orchard
🏦 Local Lenders

Top Mortgage Lenders in Burlington

We compare rates from these and 50+ other lenders to find you the best deal.

TD Canada Trust
RBC
FirstOntario
Meridian
DUCA
❓ FAQ

Frequently Asked Questions About Mortgages in Burlington

How does Burlington compare to Oakville?

Burlington averages $350,000 less than Oakville while offering similar lifestyle amenities. Schools are strong in both cities. Burlington's downtown is more developed for walking and dining.

Get the Best Mortgage Rate in Burlington

Work with a local mortgage expert who understands the Burlington market. We compare rates from 50+ lenders to save you thousands.

✓ Free, no-obligation quote ✓ No credit impact ✓ 50+ lenders compared

Verico MortgagePal Inc, Mortgage Brokerage Lic#12685. Regulated by the Financial Services Regulatory Authority of Ontario (FSRA).