Everything you need to know about Manitoba land transfer tax: use our easy-to-use Manitoba land transfer tax calculator to estimate the land transfer tax amount to buy a property in Manitoba
Manitoba uses a sliding scale for its Land Transfer Tax assessment and calculation. The scale is based on the declared fair market value (FMV) or transferred property purchase price.
No land transfer tax is levied for the first $30,000 of the property value
0.50% on the next $60,000 in FMV
1.00% on the next $60,000 in FMV (which takes us to $150,000)
1.50% of FMV on the next $50,000
A 2.00 percent Land Transfer Tax applies to the FMV over $200,000
Manitoba Land Transfer Tax Calculator
Living In Manitoba
Manitoba is one of Canada’s most beautiful, strongest, and diversified provinces. It is a natural beauty, with nice warm summer months, rolling hills, and grasslands. Its most populated city, Winnipeg, also the province’s capital, is world-class, with numerous employment, education, and entertainment options. Manitoba offers a relaxed and enriching lifestyle for young families.
House prices in Manitoba are among the lowest in the country, averaging around $222K.
The province also has one of the largest Aerospace industries in Western Canada, employing more than 5,300 experts and more than 250 companies in the food processing space. Manitoba could be the perfect place to enjoy a high standard of living with the necessary price tag.
Brief Facts About Living In Manitoba
"Friendly Manitoba"
Median House Price
$332,200
Average Mortgage
$259,579
Population
1,393,179
Median Household Income
$84,130
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