Oct 5,2017 Ontario tax sale properties Ajax

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Oct 5,2017 Ontario tax sale properties Ajax

Post: # 46845Post Flipping4Profit.ca
Sun Sep 17, 2017 2:01 am

SALE OF LAND BY PUBLIC TENDER
Oct 5,2017 Ontario tax sale properties Ajax
THE CORPORATION OF THE TOWN OF AJAX

TAKE NOTICE that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on
October 5, 2017, at the Town of Ajax Municipal Office, 65 Harwood
Avenue S., Ajax Ontario.

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The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Town of Ajax Municipal Office, 65
Harwood Avenue S., Ajax.

Oct 5,2017 Ontario tax sale properties Ajax Description of Land(s):


Roll No. 18 05 020 015 35461 0000;
19 Ducatel Cres., Ajax;
PIN 26419-
0224 (LT); Parcel 39-1, Section 40M1518 being Lot 39, Plan 40M1518;
Ajax; File No. 16-07
Minimum Tender Amount: $35,514.32

Roll No. 18 05 040 006 10626 0000;
676 Monarch Ave., Suite 14, Ajax;
PIN 27075-0014 (LT); Unit 14, Level 1, Durham Condominium Plan
No. 75; Part Lots 37 & 38 Plan M1175, designated Parts 1, 2, 3, 4,
5, 6, 13 & 14 Plan 40R9317, more fully described in Schedule 'A' of
Declaration LT289100; Town of Ajax; File No. 16-08
Minimum Tender Amount: $28,664.13

Tenders must be submitted in the prescribed form and must be
accompanied by a deposit in the form of a money order or of a bank
draft or cheque certified by a bank or trust corporation payable to
the municipality and representing at least 20 per cent of the tender
amount.

Except as follows, the municipality makes no representation regarding
the title to, crown interests, or any other matters relating to the lands
to be sold. Responsibility for ascertaining these matters rests with the
potential purchasers. Any interests of the Federal or Provincial Crown
encumbering the land at the time of the tax sale will continue to
encumber the land after the registration of the tax deed.

Transfers of properties in this jurisdiction that contain at least one and
not more than six single family residences and are transferred to nonresidents
of Canada or foreign entities are subject to the Province's
Non-Resident Speculation Tax (NRST).

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, HST if
applicable and the relevant land transfer tax.

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, visit:

Terry Simkin
Manager of Taxation
The Corporation of the Town of Ajax
65 Harwood Avenue S.
Ajax ON L1S 2H9
905-619-2529 Ext. 3311
email: tax@ajax.ca; web site: http://www.ajax.ca

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DISCLAIMER

We believe the information contained in this article to be accurate.
It is presented with the understanding that we are not engaged in rendering legal,
accounting, or investment advice. When professional assistance is required,
utilize the services of a licensed real estate broker, lawyer, accountant,
or other consultant as may be required.



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