Oct 26,2017 Ontario Tax Sale properties Guelph

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Oct 26,2017 Ontario Tax Sale properties Guelph

Post: # 46917Post Flipping4Profit.ca
Sat Oct 07, 2017 12:44 am

municipal act, 2001

sale of land by public tender
Oct 26,2017 Ontario Tax Sale properties Guelph
The Corporation of the City of Guelph

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 26, 2017, at the Guelph City Hall, 1 Carden St., Guelph 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 Guelph City Hall, 1 Carden St., Guelph.

Oct26,2017 Ontario Tax Sale properties Guelph Description of Land(s):

Roll No. 23 08 010 008 16200 0000; 16 Simcoe St.;
PIN 71343-0103 (LT); Lot 24, Plan 345; Guelph. File No.16-02

Minimum Tender Amount:
$18,379.22

Roll No. 23 08 010 005 13400 0000; PIN 71237-0445(LT); Lot 49,
Plan 351; Subject to Debts in MS6554; Guelph. File No.16-32

Minimum Tender Amount:
$7,565.54

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 or any other matters relating to the lands
to be sold. Responsibility for ascertaining these matters rests
with the potential purchasers.

Transfers of properties in this jurisdiction that contain at
least one and not more than six single family residences and
are transferred to non-residents 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 contact:

Gregory Bedard
Supervisor, Property Tax
The Corporation of the City of Guelph
City Hall, 1 Carden St.
Guelph on N1H 3A1
519-822-1260 X 3473
gregory.bedard@guelph.ca


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