Jun 27, 2019 Ontario tax sale properties Newmarket

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Jun 27, 2019 Ontario tax sale properties Newmarket

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Sat Jun 01, 2019 4:11 am

Jun 27, 2019 Ontario tax sale properties Newmarket
Sale of Land for Tax Arrears by Public Tender
municipal act, 2001
sale of land by public tender
Ontario Regulation 181/03
municipal tax sales rules
Corporation of the Town of Newmarket

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 June 27, 2019, at the Town of Newmarket Municipal Office, 395 Mulock Dr., P.O. Box 328, Newmarket ON L3Y 4X7.

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, 395 Mulock Dr., Newmarket.

Description of Land(s):

Roll No. 19 48 040 205 38517 0000; 0 Kirby Crescent; PIN 03581-0097 (LT); Parcel 53-1 Section 65M2261; Part Lot 61 Plan 65M2261 designated Part 4 Plan 65R9890; T/W Part Lot 94 Concession 1 Part 1 Plan 65R5721 as in LT109148; Newmarket; File No. 18-04

According to the last returned assessment roll, the assessed value of the land is $30,500

Minimum Tender Amount:

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 land 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

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:

Grace Marsh
Supervisor, Property Tax & Assessment
Corporation of the Town of Newmarket
395 Mulock Dr.
P.O. Box 328
Newmarket ON L3Y 4X7
905-953-5300 ext. 2143

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