Apr 12,2018 Ontario Tax Sale properties Orillia

Moderator: Flipping4Profit.ca

Post Reply
Flipping4Profit.ca
Posts: 4703
Joined: Wed Mar 29, 2006 5:04 pm
Contact:

Apr 12,2018 Ontario Tax Sale properties Orillia

Post: # 47116Post Flipping4Profit.ca
Sun Mar 18, 2018 4:59 am

Sale of Land for Tax Arrears by Public Tender
Apr 12,2018 Ontario Tax Sale properties Orillia

municipal act, 2001
The Corporation of the City of Orillia

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 April 12, 2018, at the Municipal Office, Orillia City Centre, 50 Andrew St. South, Suite 300, Orillia Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, Orillia City Centre, 50 Andrew St. South, Suite 300, Orillia.

Description of Land(s):

Roll No. 43 52 010 102 09500 0000; 112 Colborne St. E, Orillia; firstly: PIN 58669-0011(LT); Part Water Lots 18 and 19 E/S Front St, Plan 12 Orillia as in RO1447463; Orillia; secondly: PIN 58669-0012(LT); Part Water Lots 18 and 19 E/S Front St, Plan 12 Orillia as in RO110877; Orillia; File No. 16-03

Minimum Tender Amount:$110,851.69

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 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: www.orillia.ca or if no internet access available, contact:

Brad Scott
Financial Analyst
The Corporation of the City of Orillia
Orillia City Centre
50 Andrew St. South, Suite 300
Orillia ON L3V 7T5
(705) 329-7237

Post Reply