Aug 3, 2016 Ontario Tax Sale properties Little Current

MUNICIPAL ACT, 2001

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF NORTHEASTERN MANITOULIN AND THE ISLANDS

TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on 3 August, 2016 at the Municipal Office, 14 Water Street East or by mail at P.O. Box 608, Little Current, Ontario P0P 1K0

Description of Land(s):

Roll #040-001-10700-0000

PT LT 16 Con 3 HOWLAND AS IN T23360; S/T & T/W T23360; NE MANITOULIN & ISLANDS, DISTRICT OF MANITOULIN PIN47124-0079 LT

Minimum Tender Amount:$3,049.20

Roll #040-001-10000-0000

PT LT 16 Con 3 HOWLAND AS IN T21062; S/T & T/W T21062; NE MANITOULIN & ISLANDS, DISTRICT OF MANITOULIN PIN47124-0090 LT

Minimum Tender Amount:$2,977.19

Roll #020-001-18500-0000

PT LT 16 abbr_sideS CAMPBELL ST. 16 abbr_sideN MEREDITH ST PL SHAFTESBURY AS IN RM51112; NE MANITOULIN & ISLANDS, DISTRICT OF MANITOULIN PIN47122-0724 LT

Minimum Tender Amount:$28,423.22

Roll #010-001-12600-0000

PCL 398 Sec MANITOULIN; ISLAND TP959 SITUATE IN MCGREGOR BAY OF LAKE HURON

DISTRICT OF MANITOULIN PIN47136-0068 LT

Minimum Tender Amount:$17,165.93

Roll #010-002-10700-0000

PCL 572 Sec MANITOULIN; SUMMER RESORT LOCATION COMPRISING ISLAND TP1986 SITUATE IN WEST BAY IN THE MCGREGOR BAY OF LAKE HURON;

DISTRICT OF MANITOULIN PIN47136-0122 LT

Minimum Tender Amount:$9,707.44

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax, and any other applicable taxes.

The municipality has no obligation to provide vacant possession to the successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Mrs. Sheryl Wilkin

Treasurer

The Corporation of the Town of Northeastern Manitoulin and the Islands

14 Water St. E.

P.O. Box 608

Little Current, Ontario P0P 1K0

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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