Oct 17,2018 Ontario Tax Sale properties Wilmot

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Oct 17,2018 Ontario Tax Sale properties Wilmot

Post: # 47387Post Flipping4Profit.ca
Sat Sep 22, 2018 6:11 am

Sale of Lands for Tax Arrears by Public Tender
Oct 17,2018 Ontario Tax Sale properties Wilmot

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF WILMOT

TAKE NOTICE that tenders are invited for the purchase of the
land described below and will be received until 3:00 p.m. local time
on October 17, 2018, at the Township of Wilmot Municipal Office
(Administration Complex), 60 Snyder's Road W., Baden Ontario.
The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Municipal Office (Administration
Complex), 60 Snyder's Road W., Baden.

Description of Land(s):

Roll No. 30 18 030 004 04905 0000; 1515 Mannheim Rd., Petersburg;
PIN 22186-0189 (LT); Part Lot 2 Concession S of Bleam's Rd Wilmot
as in 945916; S/T execution 99-01974, if enforceable; Wilmot; File
No. 17-02
Minimum Tender Amount: $28,111.58

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.
Transfers of properties in this jurisdiction that contain at least one and
not more than six single family residences and are transferred to nonresidents
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.

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

Ashton Romany
Manager of Accounting
The Corporation of the Township of Wilmot
60 Snyder's Road W.
Baden ON N3A 1A1
519-634-8519 Ext. 225

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