How much deposit do I need when buying a house in Manitoba?

This answer covers the law of Manitoba.

There is no single deposit amount that every Manitoba seller expects. The amount you need to put down depends on the terms of your own purchase, so it is worth confirming with a lawyer. How the deposit is held and applied depends on your situation, so have the offer reviewed before you sign.

The deposit is only part of the cash you need. As the buyer, you generally pay Manitoba land transfer tax plus a registration fee. The tax is calculated on the fair market value of the property on the registration date, not simply the contract price. It is 0% on the first $30,000, 0.5% on $30,001 to $90,000, 1.0% on $90,001 to $150,000, 1.5% on $150,001 to $200,000 and 2.0% on the amount over $200,000.

If you are buying your first home, the federal Home Buyers' Plan has a withdrawal limit of $60,000. You can make a Home Buyers' Plan withdrawal and a First Home Savings Account withdrawal for the same home if all conditions are met at the time of each. A lawyer can confirm how these fit with your deposit timing.