Oct 25,2018 Ontario tax sale properties Marmora and Lake

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Oct 25,2018 Ontario tax sale properties Marmora and Lake

Post: # 47411Post Flipping4Profit.ca
Sat Sep 29, 2018 8:10 am

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
MUNICIPALITY OF MARMORA AND LAKE
Oct 25,2018 Ontario tax sale properties Marmora and Lake

TAKE NOTICE that tenders are invited for the purchase of the
lands described below and will be received until 3:00 p.m. local time
on October 25, 2018, at the Marmora and Lake Municipal Office, 12
Bursthall Street, Marmora Ontario
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Marmora and Lake Municipal Office, 12
Bursthall Street, Marmora
Description of Land(s):

Roll No. 12 41 141 015 05205 0000; PIN 40161-0164 (LT); Part Lot 12
Concession 2 Marmora; File No. 17-04
According to the last returned assessment roll, the assessed value of
the land is $23,750
Minimum Tender Amount: $5,033.70

Roll No. 12 41 144 010 05900 0000; 1 Private Rd., Marmora; PIN
40179-0287 (LT); File No. 17-10
According to the last returned assessment roll, the assessed value of
the land is $57,000
Minimum Tender Amount: $29,545.33

Roll No. 12 41 242 015 22601 0000; 20 Bursthall St., Marmora; PIN
40176-0154 (LT); File No. 17-11
According to the last returned assessment roll, the assessed value of
the land is $308,500
Minimum Tender Amount: $25,274.73

Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent of the tender amount,
which deposit shall be made by way of a certified cheque/bank draft/
money order payable to the municipality.
Except as follows, the municipality makes no representation regarding
the title to, crown interests or any other matters relating to the lands
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 and HST.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
A copy of the prescribed form of tender is available on the website
of the Government of Ontario Central Forms Repository under the
listing for the Ministry of Municipal Affairs.

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

Alexander Kelly, CPA
Municipal Treasurer
The Corporation of the
Municipality of Marmora and Lake
12 Bursthall Street
P.O. Box 459
Marmora ON K0K 2M0
613.472.2629 ext 2224

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