Oct 3, 2019 Ontario Tax sale properties Township of Uxbridge

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Oct 3, 2019 Ontario Tax sale properties Township of Uxbridge

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Sun Sep 15, 2019 1:52 pm

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
The Corporation of the Township of Uxbridge

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 3, 2019, at the Township of Uxbridge Municipal Office, Town Hall, 51 Toronto Street South, Uxbridge Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Uxbridge Municipal Office, Town Hall, 51 Toronto Street South, Uxbridge.

Description of Land(s):

Roll No. 18 29 010 007 01200 0000; 1389 Brock Rd., Uxbridge; firstly: PIN 26824-0085(LT); Part Road Allowance between Regional Rd 1 & Uxbridge Pickering Townline being Road Allowance between Concessions 4 & 5, designated Part 5, Plan 40R24615; Uxbridge, Regional Municipality of Durham; secondly: PIN 26824-0094(LT); Part Lot 2 Concession 5 Uxbridge, designated Parts 1 & 2 Plan 40R26076; Township of Uxbridge; thirdly: PIN 26824-0095(LT); Part Lot 2 Concession 5 Uxbridge, designated Part 4 Plan 40R26076; Township of Uxbridge; fourthly: PIN 26824-0097 (LT); Part Road Allowance between Regional Rd 1 & Uxbridge Pickering Townline being Road Allowance between Concession 4 & 5, designated Part 7 Plan 40R26076; Township of Uxbridge; fifthly: PIN 26824-0099(LT); Part E 1/4 Lot 2 Concession 4 Uxbridge designated Parts 9 & 10 Plan 40R26076; Township of Uxbridge; File No. 18-01

According to the last returned assessment roll, the assessed value of the land is $1,023,250.00

Minimum Tender Amount:
$474,290.65


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, environmental risks, 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.

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

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:

Susan Straughan
Tax Collector
The Corporation of the Township of Uxbridge
Town Hall, 51 Toronto Street South
P.O. Box 190
Uxbridge ON L9P 1T1
905-852-9181 ext. 216

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