Is there a land transfer tax in Winnipeg?

Yes, Manitoba charges a provincial land transfer tax on all property purchases. The rate increases with the purchase price: 0.5 percent on the first $30,000, one percent on amounts from $30,000 to $90,000, 1.5 percent on amounts from $90,000 to $150,000, and two percent on amounts above $200,000. On a typical Winnipeg purchase, this can add several thousand dollars to your closing costs. For a full picture of buyer expenses, see what buyers pay at closing in Winnipeg.

Unlike Toronto or Vancouver, there is no additional municipal land transfer tax in Winnipeg, which keeps total closing costs more predictable. First-time buyers may qualify for a provincial rebate of up to $4,500. Confirm eligibility with your lawyer before closing. Find a real estate agent in Winnipeg who can walk you through all closing costs.