Oct 4,2018 Ontario Tax Sale Properties Owen Sound

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Oct 4,2018 Ontario Tax Sale Properties Owen Sound

Post: # 47335Post Flipping4Profit.ca
Sat Aug 25, 2018 3:35 am

Sale of Land for Tax Arrears by Public Tender
Oct 4,2018 Ontario Tax Sale Properties Owen Sound
The Corporation of the City of Owen Sound

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, October 4, 2018 at 1900 20thSt E Owen Sound, N4K 1Z4 Attn: Ashley Ford.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. in the Atrium East boardroom at City Hall, 808 2ndAve E, Owen Sound.

Description of Land(s):

roll No. 42 59 040 028 13600 0000, 553 8th ST a e, PIN 37072-0116 LT, LT 8 PL 176 owen sound except the wly 86 ft; owen sound, file gyos16-004-tt

Minimum Tender Amount:$52,973.54

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 (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:

Tracy Johnson
Deputy Treasurer/Tax Collector
The Corporation of the City of Owen Sound
945 3rdAve. E.
Suite 220, Rm #3
Owen Sound, ON N4K 2K8
519-376-4440 ext. 1248

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