April 14th, 2021 Ontario tax sale properties The Corporation of the Town of Thessalon

[Navtaj Chandhoke]

municipal act, 2001

April 14th, 2021 Ontario tax sale properties The Corporation of the Town of Thessalon

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

The Corporation of the Town of Thessalon

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 April 14, 2021, at the Thessalon Municipal Office, 187 Main Street, Thessalon Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Thessalon Municipal Office, 187 Main Street, Thessalon.

Description of Land(s):

Roll No. 57 28 000 003 10700 0000; Lorne St. E, Thessalon; PIN 31446-1191(LT); PT LT N S/S genelle ST, N N/S lorne ST PL 8 thessalon as in T109794; thessalon; File No. 19-01

According to the last returned assessment roll, the assessed value of the land is $7,800.

Minimum Tender Amount:

$6,346.46

Roll No. 57 28 000 003 02810 0000; 266 Main St., Thessalon; PIN 31446-1737(LT); LT 30 & PT LTS 29 & 31 west side of main ST PL 8, PT LT 29 west side of main ST PL 8, PT lane north side of park ST PL 8 and PT LTS H & I north side of park ST PL 8 being parts 1, 2, 3, 4, 5, 6 PL 1R12160, town of thessalon; district of algoma; subject to an easement over PTS 2, 3 & 5 1R12160 in favour of PT LT 29 W/S main ST & PT of lane & PT LT H & PT LT I N/S park ST & LT H S/S park ST & PT LT H N/S genelle ST & PT BLK O PL 8 being PT of lands in T148886 except PTS 1-6 1R12160 as in AL105439; File No. 19-02

According to the last returned assessment roll, the assessed value of the land is $140,000.

Minimum Tender Amount:

$39,510.84

Roll No. 57 28 000 002 21900 0000; 155 Main St., Thessalon; PIN 31446-1053(LT); LT 13 E/S main ST PL 8 thessalon; thessalon; File No. 19-03

According to the last returned assessment roll, the assessed value of the land is $130,000.

Minimum Tender Amount:

$41,238.82

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 contamination of 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:

MaryKaye Karhi

Administrative Assistant

The Corporation of the Town of Thessalon

P.O. Box 220

187 Main Street

Thessalon ON P0R 1L0

705-842-2217

marykaye@thessalon.ca

[Author]

Posts