Mar 22,2018 Ontario tax sale properties Town of Wasaga Beach

Moderator: Flipping4Profit.ca

Post Reply
Flipping4Profit.ca
Posts: 4702
Joined: Wed Mar 29, 2006 5:04 pm
Contact:

Mar 22,2018 Ontario tax sale properties Town of Wasaga Beach

Post: # 47093Post Flipping4Profit.ca
Sat Feb 24, 2018 10:15 am

Sale of Lands for Tax Arrears by Public Tender
Mar 22,2018 Ontario tax sale properties Town of Wasaga Beach

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF WASAGA BEACH

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 March 22, 2018, at the Wasaga Beach Town Hall, 30 Lewis Street,
Wasaga Beach Ontario.

The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Wasaga Beach Town Hall, 30 Lewis
Street, Wasaga Beach.

Description of Land(s):

Roll No. 43 64 010 004 06302 0000; PIN 58959-0270 (LT); Pt Block A
Plan 686 Sunnidale; Town of Wasaga Beach. File No. 16-08
Minimum Tender Amount: $7,228.95

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, possession of abutting owners, availability
of road access 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 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 contact:

Kathy Wilson
Deputy Treasurer
The Corporation of the
Town of Wasaga Beach
30 Lewis Street
Wasaga Beach ON L9Z 1A1
705-429-3844 Ext. 2241

Post Reply