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Manitoba land transfer tax


When you a buy a house, condo or land in Manitoba you are subject to land transfer tax which is due upon closing. Use RateHub’s calculator to determine your applicable land transfer tax or view Manitoba's 2013 rates below and follow along with our sample calculation.

Manitoba land transfer tax calculator

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 STEP 1
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Land Transfer Tax: $-
 
STEP 4
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Provincial:        Provincial Land transfer tax (LTT), typically calculated as a percentage of the purchase price of a home, is required when purchasing a home in Canada. All provinces have a LTT, and the amount varies in each province. plus
 
Municipal:        Municipal Some municipalities, like Toronto, levy an additional LTT, which is similarly calculated as a percentage of the purchase price of a home. plus
 
Rebate:        Rebate If you are a first-time home buyer in British Columbia or Ontario, you will be eligible for LTT rebates, equal to the value of the LTT up to a maximum amount set by the province. minus
 

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Land transfer tax rates in Manitoba – Updated in 2013

Though Alberta does not have a land transfer tax as large as do most provinces in Canada, it does have a land title transfer fee which is much smaller. There are two major fees, one on your home’s value and the other on your mortgage amount. The rates for the two fees are as follows:

Purchase price of home Marginal tax rateFirst-time home
buyer rebate
First $30,000 0.0% There is no land transfer
tax rebate in Manitoba.
$30,000 - $90,000 0.5%
$90,000 - $150,000 1.0%
$150,000 - $200,000 1.5%
Over $200,000 2.0%

Example land transfer tax calculations - Manitoba

If you are purchasing a home worth $200,000:

Manitoba land transfer tax calculation

(
$90,000 upper marginal tax bracket
-
$30,000 lower marginal tax bracket
) *
0.5% marginal tax rate
=
$300 land transfer tax

(
$150,000 upper marginal tax bracket
-
$90,000 lower marginal tax bracket
) *
1.0% marginal tax rate
=
$600land transfer tax

(
$200,000 purchase price
-
$150,000 lower marginal tax bracket
) *
1.5% marginal tax rate
=
$750 land transfer tax

$300 land transfer tax
+
$600 land transfer tax
+
$750 land transfer tax
=
$1650 total land transfer tax

Source: Government of Manitoba, "Land Transfer Tax"