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Sep 26,2018 Ontario Tax Sale Properties Leamington

Posted: Sat Sep 01, 2018 2:18 am
by Flipping4Profit.ca
municipal act, 2001
sale of land by public tender
Sep 26,2018 Ontario Tax Sale Properties Leamington
The Corporation of the Municipality of Leamington


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 September 26, 2018, at the Leamington Municipal Building, 111 Erie Street North, Leamington Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Leamington Municipal Building, 111 Erie Street North, Leamington.

Description of Land(s):

Roll No. 37 06 540 000 25200 0000; 138 Lakeshore Dr., Wheatley; PIN 75102-0286 (LT); Lot 34-35 Plan 1387 Mersea; Leamington. File No. 17-03

Minimum Tender Amount:
$19,591.91

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 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 and any taxes that may be applicable, such as a land transfer tax.

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

A fee of $10.00 + HST will be charged for each tender package.

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

Laura Rauch
Treasurer
The Corporation of the Municipality of Leamington
111 Erie Street North
Leamington ON N8H 2Z9
519-326-5761 ext. 1201