Aug 28, 2019 Ontario Tax Sale properties City of Owen Sound

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Aug 28, 2019 Ontario Tax Sale properties City of Owen Sound

Post: # 48534Post Flipping4Profit.ca
Sun Jul 21, 2019 2:04 am

THE CORPORATION OF THE CITY OF OWEN SOUND

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 Wednesday, August 28, 2019, at the City Hall, 808 2nd Ave East,
Clerks Counter, Owen Sound, ON N4K 2H4.

The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the City Hall, 808 2nd Ave East, Clerks
Counter, Owen Sound.

Description of Land(s):

ROLL NO. 42 59 030 019 08700 0000, 108 4TH B ST E, PIN 37074-
0277 LT, PT LT 36-37 PL 230 OWEN SOUND AS IN R406813;
S/T R406813; EXCEPT T/W THEREIN; OWEN SOUND, FILE
GYOS17-004
Minimum Tender Amount: $34,056.63
According to the last returned assessment roll, the assessed value of
the land is $188,500.00.

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 (or board).

Except as follows, the municipality makes no representation regarding
the title to, existing interests in favour of the Crown, environmental concerns
or any other matters relating to the land(s) to be sold. Any existing
Federal or Provincial Crown liens or executions will remain on title and
may become the responsibility of the potential purchaser. Responsibility
for ascertaining these matters rests with the potential purchasers.

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.

contact:

Tracy Johnson,
Deputy Treasurer/Tax Collector
The Corporation of the City of Owen Sound
808 2nd Ave East
Owen Sound, ON N4K 2H4
(519) 376-4440 Ext. 1248

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