July 6, 2022 Ontario tax sale properties The Corporation of the Town of Atikokan

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July 6, 2022 Ontario tax sale properties The Corporation of the Town of Atikokan

Post: # 73680Post Flipping4Profit.ca
Sat Jun 18, 2022 2:57 pm

municipal act, 2001
July 6, 2022 Ontario tax sale properties The Corporation of the Town of Atikokan
sale of land by public tender


ontario regulation 181/03

municipal tax sales rules
The Corporation of the Town of Atikokan

take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on July 6, 2022, at the Atikokan Town Office, 120 Marks Street, Atikokan Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Atikokan Town Office, 120 Marks Street, Atikokan.

Description of Land(s):

Roll No. 59 01 000 003 08600 0000; 514 Polaris St., Atikokan; PIN 56005–0464 (LT); PCL 14-1 SEC SM152; LT 14 PL SM152 schwenger; atikokan; File No. 21-01

According to the last returned assessment roll, the assessed value of the land is $46,500

Minimum Tender Amount:
$22,156.36
Roll No. 59 01 000 003 10900 0000; 16 Poplar Ave., Atikokan; PIN 56005-2111 (LT); PCL 15572 SEC rainy river; PT mining location 864-X unsurveyed territory as in SLT60162 surface rights only; district of rainy river; File No. 21-02

According to the last returned assessment roll, the assessed value of the land is $48,000

Minimum Tender Amount:
$18,350.37
Roll No. 59 01 000 005 21500 0000; 112 Alder Ave., Atikokan; PIN 56005-1705 (LT); PCL 69-1 SEC SM200; LT 69 PL SM200 schwenger surface rights only; S/T SLT83812; atikokan; File No. 21-04

According to the last returned assessment roll, the assessed value of the land is $82,000

Minimum Tender Amount:
$19,151.75
Roll No. 59 01 000 006 21400 0000; 318 Obrien St., Atikokan; PIN 56005-0919 (LT); PCL 25-1 SEC SM148; LT 25 PL SM148 freeborn surface rights only; atikokan; File No. 21-05

According to the last returned assessment roll, the assessed value of the land is $49,000

Minimum Tender Amount:
$14,766.51
Roll No. 59 01 000 005 16500 0000; 105 Willow Rd., Atikokan; PIN 56005-0675 (LT); PCL 342-1 SEC SM179; LT 342 PL SM179 schwenger surface rights only; atikokan; File No. 21-07

According to the last returned assessment roll, the assessed value of the land is $78,000

Minimum Tender Amount:
$32,474.59
Roll No. 59 01 000 001 07800 0000; 304 MacKenzie Ave. E, Atikokan; PIN 56005-2231 (LT); PCL 67-3 SEC SM87 SRO; LT 67 PL SM87 unsurveyed territory; atikokan; File No. 21-08

According to the last returned assessment roll, the assessed value of the land is $33,000

Minimum Tender Amount:
$13,382.71
Roll No. 59 01 000 002 11800 0000; 112 West St., Atikokan; PIN 56005-0700 (LT); PCL 16-2 SEC SM116; PT LT 16 PL SM116 unsurveyed territory PT 2 48R2686, surface rights only; atikokan; File No. 21-13

According to the last returned assessment roll, the assessed value of the land is $45,500

Minimum Tender Amount:
$14,378.18
Roll No. 59 01 000 002 18800 0000; 300 Marks St., Atikokan; PIN 56005-0903 (LT); PCL 1-1 SEC SM148; LT 1 PL SM148 freeborn surface rights only; atikokan; File No. 21-14

According to the last returned assessment roll, the assessed value of the land is $98,000

Minimum Tender Amount:
$40,121.30
Roll No. 59 01 000 003 06200 0000; 124 Mercury Ave. E, Atikokan; PIN 56005-0068 (LT); PCL 7-1 SEC SM169; LT 7 PL SM169 schwenger surface rights only; atikokan; File No. 21-15

According to the last returned assessment roll, the assessed value of the land is $8,000

Minimum Tender Amount:
$7,056.36

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

Transfers of properties that contain at least one and not more than six single family residences and are transferred to non-residents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (NRST).

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 any taxes that may be applicable, such as a land transfer tax and HST.

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

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale contact:

Nick Palmai
Bookkeeper–Tax Department
The Corporation of the Town of Atikokan
120 Marks Street
PO Box 1330
Atikokan ON P0T 1C0
807-597-1234 ext. 225
nick.palmai@atikokan.ca
www.atikokan.ca

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