Oct 25,2018 Ontario tax sale properties Bancroft

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Oct 25,2018 Ontario tax sale properties Bancroft

Post: # 47414Post Flipping4Profit.ca
Sat Sep 29, 2018 8:25 am

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF BANCROFT

Oct 25,2018 Ontario tax sale properties Bancroft

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 Town of Bancroft Municipal Office, 8
Hastings Heritage Way, Bancroft Ontario

The tenders will then be opened in public on the same day at Town of
Bancroft Municipal Office, 8 Hastings Heritage Way, Bancroft Ontario
Description of Land(s):


Roll No. 12 62 000 010 11044; Nicklaus Dr. W/S; PIN 40079-0095
(LT); File No. 17-21
According to the last returned assessment roll, the assessed value of
the land is $27,500.00
Minimum tender amount: $12,118.12

Roll No. 12 62 000 010 11062; Nicklaus Dr. E/S; PIN 40079-0104 (LT);
File No. 17-22
According to the last returned assessment roll, the assessed value of
the land is $92,000.00
Minimum tender amount: $21,584.54

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 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,internet access contact


Arthur W. Smith
Treasurer
The Corporation of the Town of Bancroft
8 Hastings Heritage Way
P.O. Box 790
Bancroft ON K0L 1C0
613-332-3331 Ext. 213

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