Jul 25, 2019 Ontario tax sale properties Marathon

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Jul 25, 2019 Ontario tax sale properties Marathon

Post: # 48444Post Flipping4Profit.ca
Fri Jun 28, 2019 9:42 pm

Jul 25, 2019 Ontario tax sale properties Marathon

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF MARATHON
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 July
25, 2019 at the Town Office, 4 Hemlo Drive, Marathon, 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 Office, 4 Hemlo Drive, Marathon,
Ontario.

Description of Land(s):

Roll No. 5859 000 003 03600 0000 1 Abrams Street PCL 251 SEC MF;
LT 354 PL M114 PIC T/W LPA59412; S/T LPA87803; MARATHON.
BEING ALL OF PIN 62448-1452 (LT)
Minimum Tender Amount: $8,345.78
According to the last returned assessment roll,
the assessed value of the land is $66,000
.
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit in the form of a money order or of a bank
draft or cheque certified by a bank or trust corporation payable to
the municipality and representing at least 20 per cent of the tender
amount

Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.
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 the
relevant land transfer tax.

The municipality has no obligation to provide vacant possession to the
successful purchaser.

For further information regarding this sale and a copy of the
prescribed form of tender contact:

Chuck Verbo
Treasurer
The Corporation of the Town of Marathon
P.O. Bag TM; 4 Hemlo Drive
(807) 229-1340, extension 2231
Marathon, Ontario P0T 2E0

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