Aug 9,2018 Ontario Tax Sale properties Blind River

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Aug 9,2018 Ontario Tax Sale properties Blind River

Post: # 47286Post Flipping4Profit.ca
Sat Jul 28, 2018 8:00 am

municipal act, 2001
Aug 9,2018 Ontario Tax Sale properties Blind River
sale of land by public tender
The Corporation of the Town of Blind River


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 Thursday, August 9, 2018, at the Municipal Office, 11 Hudson Street, P.O. Box 640, Blind River, ON P0R 1B0.

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, 11 Hudson Street, Blind River.

Description of Land(s):

roll No. 57 38 000 003 05000 0000, 50 scott Ave, PIN 31429-0138 LT, LT 27 PL 180 cobden S/T t209839, S/T life interest in t209839; blind river, file aabr17-003-tt

Minimum Tender Amount:
$16,026.99

roll No. 57 38 000 019 08800 0000, PIN 31433-0087 LT, PCL 2733 SEC acs; location cl112b scarfe as in lt32881, reserving the right to flood and overflow any PT of the said lands hereinbefore described up to a contour elevation 684 ft; blind river, file aabr17-017-tt

Minimum Tender Amount:
$12,921.32

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 (or board) and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 and the relevant land transfer tax.

The municipality has no obligation to provide vacant possession to the successful purchaser.

H.S.T. may be payable by the successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Sue Dent
Treasurer
The Corporation of the Town of Blind River
11 Hudson Street
P.O. Box 640
Blind River, ON P0R 1B0
705-356-2251 ext. 207

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