Apr 6,2017 Ontario Tax Sale properties Cochrane

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Apr 6,2017 Ontario Tax Sale properties Cochrane

Post: # 46576Post Flipping4Profit.ca
Sun Mar 19, 2017 8:03 am

municipal act, 2001
Apr 6,2017 Ontario Tax Sale properties Cochrane
sale of land by public tender

The Corporation of the Town of Cochrane

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 Thursday April 6, 2017 at the Municipal Office, 171 4th Ave., Post Office Box 490, Cochrane, Ontario P0L 1C0. The tenders will then be opened in public on the same day at 3:15 p.m at the Municipal Office, 171 4th Ave., Cochrane, Ontario.

Description of Land(s):

PIN 65243-0257

pcl 495-1 sec nec m174nb; lt 495 pl m174nb glackmeyer; town of cochrane

Town of Cochrane, District of Cochrane

14,375 SQ FT

File No. 2016-02

Minimum Tender Amount:$ 4,061.31

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 cashiers cheque 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.

The Municipal Act, 2001 and the Municipal Tax Sales Act govern this sale. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, HST if applicable and the relevant land transfer tax.

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:

Monika Malherbe,
Director of Corporate Services
The Corporation of the Town of Cochrane
171 – 4th Avenue
PO Box 490
Cochrane, Ontario P0L 1c0
(705)-272-4361 Ext 226
[email protected]


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