Aug 29, 2019 Ontario Tax Sale properties Municipality of Tweed

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Aug 29, 2019 Ontario Tax Sale properties Municipality of Tweed

Post: # 48557Post Flipping4Profit.ca
Fri Jul 26, 2019 8:46 pm

THE CORPORATION OF THE MUNICIPALITY OF TWEED

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 29, 2019, at the Municipality of Tweed Office, 255
Metcalf St., Tweed, ON K0K 3J0.

The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Municipality of Tweed Office, 255
Metcalf St., Tweed, ON K0K 3J0.

Description of Land(s):

Property No. 1: Pt Lt 13 Con 1 Elzevir as in QR595313; S/T QR595424;
Description may not be acceptable in future as in QR595313; Tweed;
County of Hastings PIN 40252-0103 (LT).
Property Roll No. 12-31-132-015-03100-0000
Minimum Tender Amount: $11,404.52

According to the last returned assessment roll, the assessed value of
the land is $120,750.
Property No. 2: Pt Lt 2 Pl 11 Tweed; Pt Lt G Pl 284 Hungerford Pt 2
21R15025 & Parts 4 & 5 21R17998; T/W QR470310; Tweed; County
of Hastings PIN 40293-0005 (LT).
Property Roll No. 12-31-231-010-11450-0000
Minimum Tender Amount: $4,398.59

According to the last returned assessment roll, the assessed value of
the land is $6,900.
Property No. 3: Pt Lt 26 E/S McClellan St Pl 294 Hungerford as in
QR591977; Tweed; County of Hastings PIN 40286-0032 (LT).
Property Roll No. 12-31-231-015-04600-0000
Minimum Tender Amount: $16,564.25

According to the last returned assessment roll, the assessed value of
the land is $91,000
Property No. 4: Lt 39 RCP 2329 Hungerford; T/W QR258136; Tweed;
County of Hastings PIN 40295-0099 (LT).
Property Roll No. 12-31-328-015-02656-0000
Minimum Tender Amount: $6,794.65

According to the last returned assessment roll, the assessed value of
the land is $58,875.
Property No. 5: Pt Lts 11 & 12 Con 7 Hungerford Pt 1 21R22271;
Tweed; County of Hastings PIN 40294-0100 (LT).
Property Roll No. 12-31-328-030-06900-0000
Minimum Tender Amount: $4,639.19

According to the last returned assessment roll, the assessed value of
the land is $61,750.

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 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, penalties
and interest, HST if applicable, and the relevant land transfer tax.

Prior to registration of the tax sale deed a part of the tax deed must
be completed by the Ministry of Northern Development and Mines to
state whether the tax sale separates the surface rights from the mining
rights, a process which takes about ten days.

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

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

The Corporation of the Municipality of
Tweed
255 Metcalf St., Postal Bag 729
Tweed, ON K0K 3J0
613-478-2535
info@twp.tweed.on.ca

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