Mar 7,2018 Ontario tax sale properties City of Welland

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Mar 7,2018 Ontario tax sale properties City of Welland

Post: # 47095Post Flipping4Profit.ca
Sat Feb 24, 2018 10:20 am

Sale of Lands for Tax Arrears by Public Tender
Mar 7,2018 Ontario tax sale properties City of Welland

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND

TAKE NOTICE that tenders are invited for the purchase of the land(s)
described below and will be received until 3:00 p.m. local time on
Wednesday March 7, 2018 at the Treasurer's Office, City of Welland,
60 East Main Street, Welland, Ontario.

The tenders will then be opened in public on the same day at 3:15 p.m.
at City of Welland, 60 East Main Street, Welland, Ontario.
Description of Land(s):

Roll No. 2719 040 001 11905 0000
PIN 64428-0466 (LT)
PT LT 16 CON 4 Crowland PT 10 59R753; S/T
Interest in RO718612; S/T CR26081, Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 222.36 ft., Depth: 1123.39 ft.
Municipal Address: 1320 East Main St

2018 Current Value Assessment – 45,000
Class: Residential
Minimum Tender Amount: $7,501.83

(set out the cancellation price as of the first day of advertising)
Roll No. 2719 050 001 20050 0000
PIN 64128-0163 (LT) 64128-0164 (LT)
PT LT 16 CON 5 CROWLAND, PART 31 ON 59R-935, Welland
PT LT 16 CON 5 CROWLAND, PART 8 ON 59R-347; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 62.43 ft., Depth: 400.0 ft.
Municipal Address: 395 Silverthorn Crt (aka 395 Silverthorn Cres)
2018 Current Value Assessment – 35,500
Class: Residential
Minimum Tender Amount: $8,528.16

(set out the cancellation price as of the first day of advertising)
Roll No. 2719 060 009 16600 0000 CANCELLED

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 land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.
This sale is governed by the Municipal Act, 2001 and the Municipal
Tax Sales Act. The successful purchaser will be required to pay the
amount tendered plus accumulated taxes 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:

Steve Zorbas, CPA, CMA, B.Comm, DPA
General Manager, Corporate Services/
Chief Financial Officer/Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700

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