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Feb 26,2020 Ontario tax sale properties The Corporation of the Municipality of Kincardinemunicipal act, 2001
sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
The Corporation of the Municipality of Kincardine
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 February 26, 2020, at the Kincardine Municipal Administration Centre, 1475 Concession 5, Kincardine Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Kincardine Municipal Administration Centre, 1475 Concession 5, Kincardine.
Description of Land(s):Roll No. 41 08 260 001 11500 0000; PIN 33290-0054(LT); Part Lot 32 Concession 2 Bruce as in R66912, T/W R66912; Kincardine; File No. 18-16
According to the last returned assessment roll,
the assessed value of the land is $36,500Minimum Tender Amount: $23,384.95
Roll No. 41 08 260 002 26202 0000; PIN 33280-0068(LT); Part Road Allowance between Lots 25 and 26 Concession 9 Bruce closed by R54015, as in R71781; Kincardine; File No. 18-17
According to the last returned assessment roll,
the assessed value of the land is $26,000Minimum Tender Amount:$27,877.88
Roll No. 41 08 260 006 12706 0000; 2 Sara St., Tiverton; PIN 33293-0382(LT); Lot 6 Plan 830; Kincardine; File No. 18-18
According to the last returned assessment roll,
the assessed value of the land is $4,100Minimum Tender Amount:$14,823.85
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 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:
Brenda French
Supervisor Revenue Services & Taxation
The Corporation of the Municipality of Kincardine
Municipal Administration Centre
1475 Concession 5, RR #5
Kincardine ON N2Z 2X6
519-396-3468 ext. 7103
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