Main Construction › Forums › Hot Deals › Canadian Properties › Ontario Tax Sale Properties › Oct 24, 2019 Ontario tax sale properties City of Elliot Lake

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    Navtaj Chandhoke
    Keymaster

    SALE OF LAND BY PUBLIC TENDER

    THE CORPORATION OF THE CITY OF ELLIOT LAKE

    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 October 24, 2019, at the Elliot Lake City Hall, 45 Hillside Drive

    North, Elliot Lake Ontario.

    The tenders will then be opened in public on the same day as soon as

    possible after 3:00 p.m. at the Elliot Lake City Hall, 45 Hillside Drive

    North, Elliot Lake.

    Description of Land(s):

    1. Roll No. 57 41 000 003 10200 0000; 5 Valley Cres., Elliot Lake;

    PIN 31628-0374(LT); Parcel 6047 Section AES; Lot 464 Plan

    M146 Gunterman; Elliot Lake; File No. 18-03

    According to the last returned assessment roll, the assessed value of

    the land is $110,750.00

    Minimum Tender Amount: $15,743.41

    2. Roll No. 57 41 000 005 07300 0000; 22 Philip Walk, Elliot

    Lake; PIN 31627-0098(LT); Parcel 4230 Section AES; Lot 160

    Plan M151 Gunterman, subject to execution no. 95-001138 if

    enforceable; Elliot Lake; Subject to an Easement in Gross over

    Part 1 Plan R13173 as in AL156681; File No. 18-04

    According to the last returned assessment roll, the assessed value of

    the land is $42,075.00 (CT) & 31,175.00 (RT)

    Minimum Tender Amount: $32,568.05

    3. Roll No. 57 41 000 015 01700 0000; 21 Timber Rd., Elliot Lake;

    PIN 31629-0133(LT); Parcel 3587 Section AES; Lot 17 Plan

    M148 Gunterman; Elliot Lake; File No. 18-05

    According to the last returned assessment roll, the assessed value of

    the land is $44,000.00

    Minimum Tender Amount: $22,135.52

    4. Roll No. 57 41 000 046 03400 0000; 11 Feltz Rd., Elliot Lake;

    PIN 31631-0379(LT); Parcel 7511 Section AES SRO; Part Lot 26

    Plan M397 Gunterman, Part 1 Plan 1R4328; Elliot Lake; File

    No. 18-08

    According to the last returned assessment roll, the assessed value of

    the land is $41,500.00

    Minimum Tender Amount: $23,654.41

    5. Roll No. 57 41 000 046 04401 0000; 48 Beckett Blvd., Elliot Lake;

    PIN 31631-0314(LT); Parcel 7584 Section AES SRO; Part Lot 16

    Plan M397 Gunterman, Parts 1 & 3 Plan1R4352; Subject to Part

    3 Plan 1R4352 as in LT194376; Elliot Lake; File No. 18-09

    According to the last returned assessment roll, the assessed value of

    the land is $60,000.00

    Minimum Tender Amount: $16,338.89

    6. Roll No. 57 41 000 051 06001 0000; 15 Forest Pl., Elliot Lake;

    PIN 31621-0119(LT); Parcel 77-6 Section 1M423 SRO; Part

    Block 77 Plan 1M423 Gunterman, Part 4 Plan 1R8834; Elliot

    Lake; File No. 18-10

    According to the last returned assessment roll, the assessed value of

    the land is $10,000.00

    Minimum Tender Amount: $7,720.14

    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.

    The municipality makes no representation regarding the title to, crown

    interests, environmental concerns or any other matters relating to the

    land to be sold. Responsibility for ascertaining these matters rests with

    the potential purchasers. Any interests of the Crown encumbering the

    land at the time of the tax sale will continue to encumber the land after

    the registration of the tax deed. 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.

    France Gagnon

    Deputy Tax Collector

    The Corporation of the City of Elliot Lake

    45 Hillside Drive North

    Elliot Lake ON P5A 1X5

    705-848-2287 Ext. 2109

    fgagnon@city.elliotlake.on.ca

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