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Jun 13, 2019 Ontario Tax Sale Properties Township of Cramahemunicipal act, 2001
sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
The Corporation of the Township of Cramahe
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 Thursday, June 13, 2019, at the Town Hall, 1 Toronto St., P.O. Box 357, Colborne, ON K0K 1S0.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town Hall, 1 Toronto St., P.O. Box 357, Colborne.
Description of Land(s):
roll No. 14 11 011 020 30800 0000, 856 purdy Rd, part of PIN 51149-0230 LT, PT LT 23 CON 3 cramahe as secondly described in nc211454; cramahe, file ndce17-012
Minimum Tender Amount:
$18,165.91
roll No. 14 11 011 020 31016 0000, 205 crandall Rd, PIN 51241-0186 LT, PT LT 24 CON 3 cramahe PT 1, 39r6334; cramahe, file ndce17-017
Minimum Tender Amount:
$28,994.83
roll No. 14 11 011 030 22420 0000, PIN 51238-0133 LT, PT LT 22 CON 6 cramahe PT 105, rdco79, S/T right in cl58460; T/W cl58460; cramahe, file ndce17-023
Minimum Tender Amount:
$8,057.84
roll No. 14 11 011 040 01455 0000, PIN 51236-0129 LT, N 1/2 LT 12 CON 7 cramahe except nc294762; cramahe, file ndce17-024
Minimum Tender Amount:
$9,532.47
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 (or board).
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 any taxes that may be applicable, such as a land transfer tax and HST.
15% Non-Resident Speculation Tax (NRST) applies to the purchase price for a transfer of residential property located in the Greater Golden Horseshoe Region which contains at least one and not more than six single family residences if any one of the transferees is a non-resident of Canada, foreign entity or taxable trustee.
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:
Tracey Donaldson
The Corporation of the Township of Cramahe
1 Toronto St.
P.O. Box 357
Colborne, ON K0K 1S0
905-355-2821 ext. 231
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