Apr 25,2019 Ontario Tax Sale properties City of Cambridge

[Navtaj Chandhoke]

Apr 25,2019 Ontario Tax Sale properties City of Cambridge

municipal act, 2001

sale of land by public tender

Ontario regulation 181/03

municipal tax sales rules

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 on April 25, 2019, at the City of Cambridge Municipal Office, 50 Dickson Street, Cambridge Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City of Cambridge Municipal Office, 50 Dickson Street, Young Room, 2nd Floor, Cambridge.

Description of Land(s):

Roll No. 30 06 040 046 08300 0000; 66-68 Grand Ave. N; PIN 22663-0018 (LT); Part Lot 6 Hamilton Block Plan 480 Cambridge; Lot 7 Hamilton Block Plan 480 Cambridge; Part Lot 8 Hamilton Block, 16 Hamilton Block, 17 Hamilton Block, 18 Hamilton Block Plan 480 Cambridge being Part 1, Plan 58R10634; Cambridge. File No. 15-40

Minimum Tender Amount:$296,450.49

Roll No. 30 06 050 058 08700 0000; 165 St. Andrews St.; PIN 03832-0020(LT); Part Lot 3 E/S Sprague St Plan 451 Cambridge as in 1271031, S/T & T/W WS608559; S/T Execution 92-02148, If Enforceable; Cambridge; Plan BA-2572 registered 1999/12/23 as Instrument 1444643 confirms the SW limit of PIN. File No. 15-44

Minimum Tender Amount:

$55,006.47

Roll No. 30 06 100 016 14500 0000; 831 Hamilton St.; PIN 03782-0078 (LT); Lot 150 North Side Hamilton St Plan 521 Cambridge; Cambridge. File No. 16-40

Minimum Tender Amount:$54,715.43

Roll No. 30 06 120 006 18600 0000; 819 Barbara Crt., Units A-D; PIN 22643-0110(LT); Lot 9 Plan 1259 Cambridge; S/T 383629; Cambridge. File No. 16-145

Minimum Tender Amount:$65,973.98

Roll No. 30 06 030 006 04000 0000; 33-35 Dayton St.; PIN 03774-0057(LT); Lot 20 Plan 453 Cambridge; Cambridge. File No. 17-34

Minimum Tender Amount:$30,983.36

Roll No. 30 06 100 024 29100 0000; 657 Parkview Cres., Cambridge; PIN 22651-0105 (LT); Part Block 14 Plan 1327 Cambridge Parts 35 to 37, Plan 67R500; S/T & T/W 1402386; T/W Interest in 1402386; S/T WS522015; Cambridge. File No. 17-71

Minimum Tender Amount:$19,047.63

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, crown interests, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.

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.

For further information regarding this sale and a copy of the prescribed form of tender, contact:

Fern Nunes-Farias

Tax/Water Supervisor

The Corporation of the City of Cambridge

50 Dickson Street

P.O. Box 669

Cambridge ON N1R 5W8

519-740-4524 ext. 4245

[Author]

Posts