Oct 23, 2019 Ontario tax sale properties City of Kingston

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Oct 23, 2019 Ontario tax sale properties City of Kingston

Post: # 49354Post Flipping4Profit.ca
Sat Sep 28, 2019 1:59 pm

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF KINGSTON
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 23, 2019, at the Kingston City Hall, City Hall, 216 Ontario
Street, Kingston Ontario.
The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Kingston City Hall, City Hall, 216
Ontario Street, Kingston.

Description of Land(s):

1. Roll No. 10 11 040 010 03600 0000; 819 1/2 Montreal St.,
Kingston; PIN 36001-0028 (LT); Part Farm Lot 4 Concession
West Great Cataraqui River Kingston designated Part 1 Plan
13R5613 except Part 2 Plan 13R12162; Kingston; The County of
Frontenac; File No. 17-25
According to the last returned assessment roll, the assessed value of
the land is $143,000
Minimum Tender Amount: $17,694.07


2. Roll No. 10 11 040 130 16800 0000; 1121 Montreal St., Kingston;
PIN 36000-0358 (LT); Part Lots 2-3, Plan 334, designated Part
1 Plan 13R8628; S/T FR108512, FR114171; Kingston; subject
to executions 94-018609, 94-018610, 94-018666, 94-019017,
94-019152, 94-019157, 94-019208, 94-019482, 95-000733, if
enforceable; File No. 17-27
According to the last returned assessment roll, the assessed value of
the land is $126,000
Minimum Tender Amount: $20,910.93


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 the lands, environmental concerns, crown interests, or
any other matters relating to the lands to be sold. Responsibility for
ascertaining these matters rests with the potential purchasers. Any
interests of the Federal or Provincial 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:
Jeffrey Walker
Manager of Taxation & Revenue
The Corporation of the City of Kingston
City Hall
216 Ontario Street
Kingston ON K7L 2Z3
613-546-4291 Ext. 2484
www.cityofkingston.ca/taxsales

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