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
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 rate||First-time home
|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%|
Example land transfer tax calculations - Manitoba
If you are purchasing a home worth $200,000:
Manitoba land transfer tax calculation(