Sep 26,2019 Ontario tax sale properties City of Dryden

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Sep 26,2019 Ontario tax sale properties City of Dryden

Post: # 49117Post Flipping4Profit.ca
Sat Sep 07, 2019 9:55 pm

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF DRYDEN

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 26, 2019, at the City of Dryden City Hall, 30 Van Horne
Avenue, Dryden Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the the City of Dryden City Hall, 30 Van
Horne Avenue, Dryden.
Description of Land(s):

1. Roll No. 60 26 260 001 16600 0000; 149 Third St., Dryden;
FIRSTLY: PIN 42081-0081(LT); Parcel 13643 Section DKF;
Part Lot 42 Plan M209 as in LT35236; Dryden. SECONDLY:
PIN 42081-0082(LT); Parcel 17505 Section DKF; Part Lot 43
Plan M209 as in LT46463; Dryden; File No. 18-02
According to the last returned assessment roll, the assessed value of
the land is $427,000
Minimum Tender Amount: $228,423.43

2. Roll No. 60 26 260 001 16700 0000; 186 Grand Trunk Ave.,
Dryden; PIN 42081-0080(LT); Parcel 14694 Section DKF; Part
Lot 44 Plan M209 as in LT38641; Dryden; File No. 18-03
According to the last returned assessment roll, the assessed value of
the land is $66,500
Minimum Tender Amount: $10,228.30

3. Roll No. 60 26 280 001 02004 0000; 61 Harris Cres., Dryden;
PIN 42089-0151(LT); Parcel 38267 Section DKF; Part Lot 12
Concession 4 Zealand designated Part 3 Plan 23R7737; except
Part 1 Plan 23R9364; Dryden; File No. 18-05
According to the last returned assessment roll, the assessed value of
the land is $29,750
Minimum Tender Amount: $7,116.59

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.
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. Any interests of the Crown encumbering the land at the time
of the tax sale will continue to encumber the land after the registration
of the tax deed. 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 and a copy of the
prescribed form of tender contact:

Steven Lansdell-Roll, CPA , CGA
Treasurer
The Corporation of the City of Dryden
30 Van Horne Avenue
Dryden ON P8N 2A7
807-223-1128

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