Jul 4, 2019 Ontario tax sale properties Municipality of Marmora and Lake

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Jul 4, 2019 Ontario tax sale properties Municipality of Marmora and Lake

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Sat Jun 08, 2019 6:32 am

Jul 4, 2019 Ontario tax sale properties Municipality of Marmora and Lake
municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules
The Corporation of the Municipality of Marmora and Lake

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 4, 2019, at the Marmora and Lake Municipal Office, 12 Bursthall Street, P.O. Box 459, Marmora ON K0K 2M0.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Marmora and Lake Municipal Office, 12 Bursthall Street, Marmora.

Description of Land(s):

Roll No. 12 41 141 010 14100 0000; Highway 7, Marmora; PIN 40164-0086 (LT); Lot 8 RCP 2124; Marmora and Lake; County of Hastings; File No. 17-01

According to the last returned assessment roll, the assessed value of the land is $25,625

Minimum Tender Amount:
$7,182.25

Roll No. 12 41 141 010 16800 0000; 102275 Highway 7, Marmora; PIN 40164-0098 (LT); Lot 16 RCP 2124 except Part 1 Plan 21R21359; S/T interest in QR658874; S/T debts in QR658874; Marmora and Lake; County of Hastings; File No. 17-02

According to the last returned assessment roll, the assessed value of the land is $84,000

Minimum Tender Amount:
$12,723.81

Roll No. 12 41 141 010 34600 0000; 37 Centre Line Rd., Marmora; PIN 40174-0071 (LT); Part Lot 9 Concession 4 Marmora designated Part 5 Plan 21R1616; S/T spousal interest in QR287434; Marmora & Lake; County of Hastings except forfeited mining rights, if any; File No. 17-03

According to the last returned assessment roll, the assessed value of the land is $118,750

Minimum Tender Amount:
$13,045.98

Roll No. 12 41 141 020 12100 0000; 259D Buttermilk Lane, Marmora; PIN 40149-0084 (LT); Part Lot 29 Concession 4 Marmora as in QR598975; Marmora and Lake; County of Hastings; File No.17-06

According to the last returned assessment roll, the assessed value of the land is $142,250

Minimum Tender Amount:
$15,194.34

Roll No. 12 41 141 035 00100 0000; Vanisickle Road; PIN 40136-0089 (LT); W 1/2 Lot 1 Concession 1 Lake S/T debts in QR473177; Marmora & Lake; County of Hastings except forfeited mining rights, if any; File No. 17-08

According to the last returned assessment roll, the assessed value of the land is $102,000

Minimum Tender Amount:
$12,987.95

Roll No. 12 41 144 010 00100 0000; 24 Deloro St., Marmora; PIN 40179-0321 (LT); Part Lot 109 Plan 727 as in QR566026 SRO; Marmora & Lake; County of Hastings; File No. 17-09

According to the last returned assessment roll, the assessed value of the land is $90,575

Minimum Tender Amount:
$44,662.52

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

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 and a copy of the prescribed form of tender contact:

Alexander Kelly, CPA
Municipal Treasurer
The Corporation of the Municipality of Marmora and Lake
12 Bursthall Street
P.O. Box 459
Marmora ON K0K 2M0
613-472-2629 ext. 2224

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