Main Construction › Forums › Hot Deals › Canadian Properties › Ontario Tax Sale Properties › Sep 26,2019 Ontario tax sale properties City of Dryden

  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #6681
    Navtaj Chandhoke
    Keymaster

    SALE OF LAND BY PUBLIC TENDER

    THE CORPORATION OF THE CITY OF DRYDEN

    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

    September 26, 2019, at the City of Dryden City Hall, 30 Van Horne

    Avenue, Dryden Ontario.

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

    possible after 3:00 p.m. at the the City of Dryden City Hall, 30 Van

    Horne Avenue, Dryden.

    Description of Land(s):

    1. Roll No. 60 26 260 001 16600 0000; 149 Third St., Dryden;

    FIRSTLY: PIN 42081-0081(LT); Parcel 13643 Section DKF;

    Part Lot 42 Plan M209 as in LT35236; Dryden. SECONDLY:

    PIN 42081-0082(LT); Parcel 17505 Section DKF; Part Lot 43

    Plan M209 as in LT46463; Dryden; File No. 18-02

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

    the land is $427,000

    Minimum Tender Amount: $228,423.43

    2. Roll No. 60 26 260 001 16700 0000; 186 Grand Trunk Ave.,

    Dryden; PIN 42081-0080(LT); Parcel 14694 Section DKF; Part

    Lot 44 Plan M209 as in LT38641; Dryden; File No. 18-03

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

    the land is $66,500

    Minimum Tender Amount: $10,228.30

    3. Roll No. 60 26 280 001 02004 0000; 61 Harris Cres., Dryden;

    PIN 42089-0151(LT); Parcel 38267 Section DKF; Part Lot 12

    Concession 4 Zealand designated Part 3 Plan 23R7737; except

    Part 1 Plan 23R9364; Dryden; File No. 18-05

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

    the land is $29,750

    Minimum Tender Amount: $7,116.59

    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 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.

    For further information regarding this sale and a copy of the

    prescribed form of tender contact:

    Steven Lansdell-Roll, CPA , CGA

    Treasurer

    The Corporation of the City of Dryden

    30 Van Horne Avenue

    Dryden ON P8N 2A7

    807-223-1128

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.