When you buy a house, condominium or land in Manitoba, purchasers must pay a Land Transfer Tax (LTT) upon closing. The LTT is calculated based on the fair market value of the property on the date of registration of a transfer of title.

Land Transfer Tax Rates:
First $30,000: 0%
$30,001 to $90,000: 0.5%
$90,001 to $150,000: 1.0%
$150,001 to $200,000: 1.5%
$200,000+: 2.0%

The requirement to pay LTT in Manitoba arises out of Part III of The Tax Administration and Miscellaneous Taxes Act. The tax is eligible on the registration of a transfer at a Land Titles Office (LTO). The LTO is made the agent of the crown for the purpose of collecting and remitting tax.

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