Sep 18, 2019 Ontario tax sale properties Townshio of La Vallee

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Sep 18, 2019 Ontario tax sale properties Townshio of La Vallee

Post: # 48863Post Flipping4Profit.ca
Sat Aug 24, 2019 5:45 am

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules
The Corporation of the Township of La Vallee

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 September 18, 2019, at the Township of La Vallee Municipal Office, 56 Church Road, Devlin Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of La Vallee Municipal Office, 56 Church Road, Devlin.

Description of Land(s):

Roll No. 59 16 000 005 02800 0000; PIN 56027-0080 (LT); Parcel 17722 Section Rainy River; NE 1/4 of S 1/2 Lot 3 Concession 2 Burriss; La Vallee; File No. 18-01

According to the last returned assessment roll, the assessed value of the land is $10,400.00

Minimum Tender Amount:
$5,901.35

Roll No. 59 16 000 005 03600 0000; PIN 56027-0041 (LT); Parcel 11496 Section Rainy River; SW 1/4 of S 1/2 Lot 5 Concession 2 Burriss; La Vallee; File No. 18-02

According to the last returned assessment roll, the assessed value of the land is $10,400.00

Minimum Tender Amount:
$5,448.05

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 or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value according to the last returned assessment roll may or may not be representative of the current market value of the property.

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 contact:

Patti McDowall
Clerk/Treasurer

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