Mortgages in Brooklin
A village in north Whitby that has grown into a large community of newer detached homes and townhouses. Here’s what buying there costs and which rules apply, before you compare lenders with one licensed mortgage professional.
Short answer
Brooklin is in Whitby, so Whitby’s tax rates and Ontario’s rules apply. On a $750,000 home you’d need at least $50,000 down and $11,475 in land transfer tax ($7,475 for a first-time buyer). Property tax runs about $1,382 a year per $100,000 of assessed value.
Buying in Brooklin
A village in north Whitby that has grown into a large community of newer detached homes and townhouses.
Brooklin has kept its small-town core while new subdivisions have grown around it. The Highway 407 extension makes commuting easier, and many buyers are young families.
What to know about a mortgage in Brooklin
If you’re buying new construction in Brooklin, plan for builder deposits paid in stages and closing dates that can move. Your mortgage approval needs to be ready, or renewable, for the actual closing date, and the final price can include adjustments you won’t see in the purchase price.
Brooklin is popular with first-time buyers. Ask about the First Home Savings Account and the Home Buyers’ Plan for your down payment, and Ontario’s land transfer tax refund for first-time buyers.
How NorthMerit can help
Tell us what you’re planning and we’ll connect you with one licensed mortgage professional who compares lenders for you. It’s free, and there’s no obligation.
What it costs to buy a $750,000 home in Brooklin
| Repeat buyer | First-time buyer | |
|---|---|---|
| Minimum down payment | $50,000 | $50,000 |
| Mortgage insurance (added to the loan) | $28,000 | $28,000 |
| Sales tax on insurance (cash) | $2,240 | $2,240 |
| Ontario land transfer tax | $11,475 | $7,475 |
| Cash at closing | $63,715 | $59,715 |
Example price, not a local average. Minimum down payment and a 25-year amortization; legal fees, title insurance and adjustments are extra.
Whitby rules that apply in Brooklin
Whitby’s 2026 residential property tax rate is 1.3825%, about $1,382 a year for every $100,000 of assessed value. Source
Durham Region doesn’t charge a vacant home tax; its 2026 tax study recommended against new taxes of this kind for now. Source
Additional dwelling units are allowed and must be registered with the Town. Source
Lenders can count part of the rent from a legal unit toward your income, and some will use the expected rent when you buy. A unit that isn’t legal or registered where required may not count, and can complicate your insurance.
Sources
We checked these figures against official sources in October 2026. Rules and rates change, so confirm the details with your mortgage professional, lawyer or the source before you rely on them.
Common questions
How much down payment do I need for a home in Brooklin?
What property tax will I pay in Brooklin?
Can I add a rental unit to a home in Brooklin?
Who can help me get a mortgage in Brooklin?
More Whitby neighbourhoods
Your next home starts with one conversation.
Tell us your plans and talk to one licensed mortgage professional. Free, with no obligation.
