Main Construction › Forums › Hot Deals › Canadian Properties › Ontario Tax Sale Properties › Feb 17th, 2015 Tax sale properties in Cambridge-Ontario

  • This topic is empty.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #2182
    Navtaj Chandhoke
    Keymaster

    Feb 17th, 2015 Tax sale properties in Cambridge-Ontario

    SALE OF LAND BY PUBLIC TENDER THE CORPORATION OF THE CITY OF CAMBRIDGE

    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

    Description of Land(s):

    1. Roll Number: 3006 040 028 01000 0000; Municipal Address: 1 Imperial Lane; Legal Description: Plan D7 Part Lot 25

    Minimum Tender Amount: $92,657.38

    2. Roll Number: 3006 040 028 09800 0000; Municipal Address: 61 Water Street South; Legal Description: Plan 615 Pt Lot 2 W/S Ainslie Pt Lot 5 E/S Water RP67R2219 Parts 4 and 5

    Minimum Tender Amount: $54,872.20

    3. Roll Number: 3006 100 022 01800 0000; Municipal Address: 514 Westminster Drive South; Legal Description: Plan 176 Lot 32

    Minimum Tender Amount: $117,122.20

    4. Roll Number: 3006 150 020 15900 0000; Municipal Address: 0 Townline Road; Legal Description: Tract German Company Pt Lt 128

    Minimum Tender Amount: $10,912.60

    5. Roll Number: 3006 090 004 09100 0000; Municipal Address: 0 Bishop Street North; Legal Description: Plan 271 Pt Lot 26

    Minimum Tender Amount: $273,785.80

    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.

    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 the relevant land transfer tax.

    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:

    Nancy Reay,

    Manager of Tax and Water

    The Corporation of the City of Cambridge

    50 Dickson Street 4th Floor

    P.O. Box 669

    Cambridge, Ontario N1R 8S1

    Top 10 Investment Strategies for FRE*E, Reserve your seat for next Canadian Real Estate Investment training LIVE, Canadian Real Estate Investment apprenticeship Click Here

    Empowering Canadian Real Estate Investors since 1993.

    1-416-409-7300

    #4391
    Navtaj Chandhoke
    Keymaster

    Feb 17th, 2015 Tax sale properties in Cambridge-Ontario

    Properties Currently Available For Sale by Public Tender

    1 Imperial Lane, Cambridge

    61 Water Street South, Cambridge

    514 Westminster Drive South, Cambridge

    0 Townline Road, Cambridge

    0 Bishop Street North, Cambridge

    The closing date for submitting a tender(s) is February 17, 2015 at 3:00 p.m. local time.

    Tenders should be submitted to the Purchasing Division, Cambridge Municipal Offices,

    50 Dickson Street, 4th Floor by the date and time indicated above. Tenders will

    be opened on February 17, 2015 at 3:30 p.m. at the Cambridge Municipal Offices,

    50 Dickson Street, 4th Floor, Bergey Room A.

    Prior to submitting a tender, the onus is on the potential bidder to conduct his/her own

    inquiries into such matters as zoning, access, work orders, water/hydro and other

    arrears, building restrictions, contamination, title problems and/or liens, which may

    survive the tax sale. The City makes no representations whatever as to the quality

    and/or quantity of the land being purchased.

    The City is not obliged to provide a survey or reference plan for any parcel of land being

    sold under tax sale. The map for each property is provided as a courtesy.

    It is not a survey and is presented to determine approximate location purposes only.

    The City is not obliged to inquire into the value of land prior to conducting a sale.

    Further, there is no obligation to obtain fair market value for the land or to ensure that

    land being sold under tax sale may obtain fair market value at the time of the sale or in the future.

    Please ensure that the Tender Envelope and Tender Document (Form 7) are accurately

    and entirely completed including identifying the property that you are bidding on, your

    name and a phone number to reach you during business hours.

    The City reserves the right to cancel any property from the tax sale up to the time of

    closing of the Tender, without any further notice or costs to the City.

    More info at

    Top 10 Investment Strategies for FRE*E, Reserve your seat for next Canadian Real Estate Investment training LIVE, Canadian Real Estate Investment apprenticeship Click Here

    Empowering Canadian Real Estate Investors since 1993.

    1-416-409-7300

    #6900
    Navtaj Chandhoke
    Keymaster

    Feb 17th, 2015 Tax sale properties in Cambridge-Ontario

    Properties Currently Available For Sale by Public Tender

    1 Imperial Lane, Cambridge

    61 Water Street South, Cambridge

    514 Westminster Drive South, Cambridge

    0 Townline Road, Cambridge

    0 Bishop Street North, Cambridge

    The closing date for submitting a tender(s) is February 17, 2015 at 3:00 p.m. local time.

    Tenders should be submitted to the Purchasing Division, Cambridge Municipal Offices,

    50 Dickson Street, 4th Floor by the date and time indicated above. Tenders will

    be opened on February 17, 2015 at 3:30 p.m. at the Cambridge Municipal Offices,

    50 Dickson Street, 4th Floor, Bergey Room A.

    Prior to submitting a tender, the onus is on the potential bidder to conduct his/her own

    inquiries into such matters as zoning, access, work orders, water/hydro and other

    arrears, building restrictions, contamination, title problems and/or liens, which may

    survive the tax sale. The City makes no representations whatever as to the quality

    and/or quantity of the land being purchased.

    The City is not obliged to provide a survey or reference plan for any parcel of land being

    sold under tax sale. The map for each property is provided as a courtesy.

    It is not a survey and is presented to determine approximate location purposes only.

    The City is not obliged to inquire into the value of land prior to conducting a sale.

    Further, there is no obligation to obtain fair market value for the land or to ensure that

    land being sold under tax sale may obtain fair market value at the time of the sale or in the future.

    Please ensure that the Tender Envelope and Tender Document (Form 7) are accurately

    and entirely completed including identifying the property that you are bidding on, your

    name and a phone number to reach you during business hours.

    The City reserves the right to cancel any property from the tax sale up to the time of

    closing of the Tender, without any further notice or costs to the City.

    More info at

    Top 10 Investment Strategies for FRE*E, Reserve your seat for next Canadian Real Estate Investment training LIVE, Canadian Real Estate Investment apprenticeship Click Here

    Empowering Canadian Real Estate Investors since 1993.

    1-416-409-7300

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.