Oct 24, 2019 Ontario tax sale properties City of Elliot Lake

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Oct 24, 2019 Ontario tax sale properties City of Elliot Lake

Post: # 49355Post Flipping4Profit.ca
Sat Sep 28, 2019 2:06 pm

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF ELLIOT LAKE
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 24, 2019, at the Elliot Lake City Hall, 45 Hillside Drive
North, Elliot Lake Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Elliot Lake City Hall, 45 Hillside Drive
North, Elliot Lake.
Description of Land(s):

1. Roll No. 57 41 000 003 10200 0000; 5 Valley Cres., Elliot Lake;
PIN 31628-0374(LT); Parcel 6047 Section AES; Lot 464 Plan
M146 Gunterman; Elliot Lake; File No. 18-03
According to the last returned assessment roll, the assessed value of
the land is $110,750.00
Minimum Tender Amount: $15,743.41

2. Roll No. 57 41 000 005 07300 0000; 22 Philip Walk, Elliot
Lake; PIN 31627-0098(LT); Parcel 4230 Section AES; Lot 160
Plan M151 Gunterman, subject to execution no. 95-001138 if
enforceable; Elliot Lake; Subject to an Easement in Gross over
Part 1 Plan R13173 as in AL156681; File No. 18-04
According to the last returned assessment roll, the assessed value of
the land is $42,075.00 (CT) & 31,175.00 (RT)
Minimum Tender Amount: $32,568.05

3. Roll No. 57 41 000 015 01700 0000; 21 Timber Rd., Elliot Lake;
PIN 31629-0133(LT); Parcel 3587 Section AES; Lot 17 Plan
M148 Gunterman; Elliot Lake; File No. 18-05
According to the last returned assessment roll, the assessed value of
the land is $44,000.00
Minimum Tender Amount: $22,135.52

4. Roll No. 57 41 000 046 03400 0000; 11 Feltz Rd., Elliot Lake;
PIN 31631-0379(LT); Parcel 7511 Section AES SRO; Part Lot 26
Plan M397 Gunterman, Part 1 Plan 1R4328; Elliot Lake; File
No. 18-08
According to the last returned assessment roll, the assessed value of
the land is $41,500.00
Minimum Tender Amount: $23,654.41

5. Roll No. 57 41 000 046 04401 0000; 48 Beckett Blvd., Elliot Lake;
PIN 31631-0314(LT); Parcel 7584 Section AES SRO; Part Lot 16
Plan M397 Gunterman, Parts 1 & 3 Plan1R4352; Subject to Part
3 Plan 1R4352 as in LT194376; Elliot Lake; File No. 18-09
According to the last returned assessment roll, the assessed value of
the land is $60,000.00
Minimum Tender Amount: $16,338.89

6. Roll No. 57 41 000 051 06001 0000; 15 Forest Pl., Elliot Lake;
PIN 31621-0119(LT); Parcel 77-6 Section 1M423 SRO; Part
Block 77 Plan 1M423 Gunterman, Part 4 Plan 1R8834; Elliot
Lake; File No. 18-10
According to the last returned assessment roll, the assessed value of
the land is $10,000.00
Minimum Tender Amount: $7,720.14

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, environmental concerns 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.
France Gagnon
Deputy Tax Collector
The Corporation of the City of Elliot Lake
45 Hillside Drive North
Elliot Lake ON P5A 1X5
705-848-2287 Ext. 2109
fgagnon@city.elliotlake.on.ca

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