Nov 21, 2019 Ontario tax sale properties Municipality of Clarington

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Nov 21, 2019 Ontario tax sale properties Municipality of Clarington

Post: # 50423Post Flipping4Profit.ca
Sat Nov 02, 2019 12:15 am

municipal act, 2001
sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
The Corporation of the Municipality of Clarington

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 November 21, 2019, at the Clarington Town Hall, 40 Temperance Street, Bowmanville Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town Hall, 40 Temperance Street, Bowmanville.

Description of Land(s):

Roll No. 18 17 030 020 00250 0000; 4239 Lakeshore Rd, Newcastle; firstly PIN 26671-0012 (LT) Broken Front Road Allowance AKA Road Allowance between Broken Front A & B Clarke; Part Lot 14 Concession Broken Front A & B Clarke Parts 1 & 3 Plan 40R15331; Clarington; secondly: PIN 26671-0013 (LT) Part Lot 14 Concession Broken Front Clarke Part 2 Plan 40R15331; Clarington. File No. 18-02

According to the last returned assessment roll, the assessed value of the land is $292,750

Minimum Tender Amount: $32,873.21

Roll No. 18 17 030 110 09202 0000; PIN 26662-0176 (LT); Part Lot 27 Concession 1 Clarke Part 1 Plan 10R3162; Together with N152142, (Village of Newcastle), Clarington. File No.18-04

According to the last returned assessment roll, the assessed value of the land is $350,000

Minimum Tender Amount: $39,934.60

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 and a copy of the prescribed form of tender contact:

David Ferguson
Manager, Purchasing Services
The Corporation of the Municipality of Clarington
40 Temperance Street
Bowmanville ON L1C 3A6
905-623-3379 ext. 2209
www.clarington.net
dferguson@clarington.net

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