Nov 28, 2019 Ontario tax sale properties City of Toronto

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Nov 28, 2019 Ontario tax sale properties City of Toronto

Post: # 51714Post Flipping4Profit.ca
Sat Nov 09, 2019 2:46 am

municipal act, 2001
sale of land by public tender
City of Toronto Act, 2006

take notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on Thursday November 28th, 2019 at the tender box at Revenue Services, Lower Level, North York Civic Centre, 5100 Yonge Street, Toronto, Ontario, M2N 5V7.

The tenders will then be opened in public on the same day at 3:30 p.m. in North York Civic Centre, Council Chambers.

Description of Land(s):

Assessed Address: 46 Carling Avenue

Assessment Roll #: 1904 05 1 230 04200 0000

PIN: 21268-0090 (LT)

Part Lot 1, Plan D1431, Toronto, as in WD93403; S/T & T/W WD93403, City of Toronto

Land Titles Division of Toronto Registry Office (No. 66)

and

PIN: 21268-0009 (LT)

Parcel 3-3, Section M497, being Part of Lot 3 W/S Carling Avenue, Plan M497 Toronto, City of Toronto

Land Titles Division of Toronto Registry Office (No. 66)

Vacant Residential Property

Minimum Tender Amount:$97,055.89

According to the last returned assessment roll, the assessed value of the land is $775,000


Assessed Address: 58 Laws Street

Assessment Roll #: 1904 01 2 680 06200 0000

PIN: 21361-0217 (LT)

Part Lot 22, Block 19, Plan 553 West Toronto Junction as in WT101254; S/T & T/W WT101254, City of Toronto

Land Titles Division of Toronto Registry Office (No.66)

Vacant Residential Property

Minimum Tender Amount:$119,587.21

According to the last returned assessment roll, the assessed value of the land is $932,000


Assessed Address: 56 Netherly Drive

Assessment Roll #: 1919 04 3 330 06700 0000

PIN: 07313-0151 (LT)

Parcel 170-1, Section M1040, being Lot 170, Plan M1040, S/T B132504, Etobicoke, City of Toronto

Land Titles Division of Toronto Registry Office (No.66)

Vacant Residential Property

Minimum Tender Amount:$92,421.39

According to the last returned assessment roll, the assessed value of the land is $457,000


Assessed Address: 1339 Danforth Road

Assessment Roll #: 1901 06 3 080 00100 0000

PIN: 06480-0058 (LT)

Parcel E-1, Section M757, being Block E, Plan M757,

Scarborough, City of Toronto

Land Titles Division of Toronto Registry Office (No. 66)

Vacant Commercial Land

Subject to restrictive covenant registered as Instrument Number AT157577

Site formerly used as a gas station/auto repair shop

Environmental investigation is advised

Minimum Tender Amount:$357,502.15

According to the last returned assessment roll, the assessed value of the land is $1,293,000


Assessed Address: 97 Rivalda Road

Assessment Roll #: 1908 01 2 300 00600 0000

PIN: 10295-0021(LT)

Parcel 14601, Section West York

Firstly: Part Block I, Plan 66M722

Secondly: Part of Block F on Plan 66M722

Township of York/North York, City of Toronto

Land Titles Division of Toronto Registry Office (No. 66)

Occupied Commercial Property

Subject to Federal Crown lien

Minimum Tender Amount:$876,350.66

According to the last returned assessment roll, the assessed value of the land is $2,461,000


Assessed Address: 127 Rivalda Road

Assessment Roll #: 1908 01 2 300 01100 0000

PIN 10295-0409 (LT)

Part Block I, Plan 66M722 , designated as parts 2 & 3 on

Plan 66R16511, City of North York, City of Toronto

Land titles Division of Toronto Registry Office (No. 66)

Occupied Commercial Property

Subject to Federal Crown lien

Minimum Tender Amount:$777,243.30

According to the last returned assessment roll, the assessed value of the land is $2,064,000


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 City of Toronto.

The City of Toronto makes no representation regarding the title to or any other matters including environmental condition, relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

The lands do not include mobile homes or other moveables situate on the lands.

This sale is governed by the City of Toronto Act, 2006 and the Toronto Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, relevant municipal and provincial land transfer tax, and applicable HST.

The City of Toronto 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:

Nick Naddeo,
Manager, Revenue Accounting and Collections, Revenue Services,
City of Toronto,
5100 Yonge Street,
Toronto, Ontario, M2N 5V7
416-395-0014.
For more information, please visit our website at www.toronto.ca/taxes/

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