How much is land transfer tax in Manitoba?

Manitoba LTT ranges from 0.5% to 2.0% based on brackets. A $350,000 home costs approximately $4,800.

Is there a first-time buyer rebate in Manitoba?

Yes, first-time buyers may qualify for a rebate on their primary residence.

Manitoba Land Transfer Tax 2026 (Rates & Calculator)

Manitoba land transfer tax ranges from 0.5% to 2.0% based on bracketed rates. A $350,000 Winnipeg home costs approximately $4,800 in land transfer tax.

Manitoba Land Transfer Tax Rates

Property Value Portion	Tax Rate
First $30,000	0.5%
$30,001 - $90,000	1.0%
$90,001 - $150,000	1.5%
Over $150,000	2.0%

LTT by Home Price

Home Price	Land Transfer Tax
$200,000	$2,600
$250,000	$3,600
$300,000	$4,600
$350,000	$5,600
$400,000	$6,600
$500,000	$8,600
$600,000	$10,600

Calculation Example

$350,000 home:

Bracket	Calculation	Tax
$0-$30,000	$30,000 × 0.5%	$150
$30,001-$90,000	$60,000 × 1.0%	$600
$90,001-$150,000	$60,000 × 1.5%	$900
$150,001-$350,000	$200,000 × 2.0%	$4,000
Total		$5,650

First-Time Home Buyer Rebate

Manitoba offers a rebate for first-time buyers:

Detail	Amount
Rebate on primary residence	Up to $5,000
Applies to	First qualifying home
Requirements	Live in home, citizen/PR

This can eliminate or significantly reduce LTT for first-time buyers.

Manitoba vs Other Provinces

Home Price	Manitoba	Ontario	BC
$300,000	$4,600	$5,475	$4,000
$350,000	$5,600	$7,475	$5,000
$400,000	$6,600	$7,475	$6,000
$500,000	$8,600	$11,475	$8,000

Manitoba is competitive with other provinces.

Total Closing Costs in Manitoba

Cost	Amount
Land transfer tax	$3,600-$8,600
Legal fees	$1,000-$1,800
Title insurance	$300-$500
Home inspection	$400-$600
Typical total	$5,300-$11,500

First-Time Buyer Total Costs

$350,000 home with first-time buyer rebate:

Cost	Amount
Land transfer tax	$5,650
First-time rebate	-$5,000
Net LTT	$650
Other closing costs	$2,000
Total extra costs	$2,650

Significant savings for first-time buyers.

When Is LTT Due?

Timing	Details
Due date	At time of registration
Payment	Through lawyer
Rebate	Applied automatically if eligible

Exemptions

Exemption	Details
Family transfers	Between certain family members
Farm property	Under farm succession programs
Spousal transfers	On relationship breakdown

Why Manitoba Is Affordable

Factor	Manitoba Advantage
Home prices	$350K average (vs $1.1M Toronto)
LTT rates	Reasonable brackets
First-time rebate	Up to $5,000 back
No municipal LTT	Unlike Toronto

Winnipeg Affordability Example

Buying in Winnipeg vs Toronto:

Factor	Winnipeg	Toronto
Average home	$350,000	$1,100,000
Down payment (20%)	$70,000	$220,000
Land transfer tax	$5,650	$36,950*
Legal/closing	$2,000	$3,000
Total cash needed	$77,650	$259,950

*Toronto includes municipal LTT.

Tags: