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Author Topic: Dysart et al - large waterfront  (Read 1319 times)
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Dave2
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« on: October 10, 2019, 06:42:35 AM »

top bid $275,000

47 bids

Looked at it closely but one of those cases where a site visit changes your strategy.    The cliff close to the water made waterfront building difficult because of setback rules and road construction expenses were going to be too expensive even if you could solve bad weather driving problems on existing road with its high hill to the south.   Tough to say if good value or not.  I am reminded of the old saying "It is easier to get into a swamp then out of it".  This was one of those properties that if you wanted to do something with it access expenses alone could easily exceed the winning bid value.  

Cliff problem did not show up on documentation unless you had topographical maps and reinforced the need for a site visit. Nice early fall day for a visit.    
 
 Pity certainly beautiful Haliburton property.

Any other comments from other bidders?  
« Last Edit: October 10, 2019, 06:59:43 AM by Dave2 » Logged
bee
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« Reply #1 on: October 11, 2019, 08:05:11 AM »

Looks like will not be ever subdivided, all previous applications denied. Also big river divided lot in half, making hard to access west side. No river will be touched with in 30m.

You can find the proposals and staff reports for each of the more recent applications brought forward at Council on the municipality file sharing site using the following link:

https://haliburton.civicweb.net/filepro/documents/41873

 

Below are the application file numbers, proposal type and the year they were proposed:

 

-          D00DV1990OCT ? unknown - 1990

-          D00SV1995FEB ? Severance proposal ? 1995

-          D07CD2000SEP ? Condominium proposal ? 2000

-          D00SV1992045 ? Severance proposal ? 1992

-          D00SV1990053 ? Severance proposal ? 1990

-          D00SV2003SEP ? Severance proposal ? 2003 (deferred decision)
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RyanMckenzie
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« Reply #2 on: October 11, 2019, 11:03:47 PM »

There was a notice of pending litigation on the property, does this survive a tax sale, and is there a way to find out what it is for/if it is still valid or was ever settled before bidding without a lawyer?
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Pfm1011
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« Reply #3 on: October 17, 2019, 06:17:18 PM »

There was a notice of pending litigation on the property, does this survive a tax sale, and is there a way to find out what it is for/if it is still valid or was ever settled before bidding without a lawyer?

Does not survive 
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RyanMckenzie
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« Reply #4 on: October 22, 2019, 10:48:54 PM »

Thanks PFM
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Thind
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« Reply #5 on: October 23, 2019, 07:09:02 AM »

Agreed with Dave2, once you visit property you realize it?s not worth it. Also city commitment for not to let you build. Most of lot acreage is above 10m of water level. More then half of property is above 50m of lake water level. This property had many challenges including access. According to my observation access may cost up to $200k ( gravelled only). Survey shows there was applications submitted to city several times(x4), no building permit was issued (this changed my interest in property).
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Dave2
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« Reply #6 on: October 25, 2019, 05:58:19 AM »

Anyone attend the bid opening. Curious if the winning bid was a one off high bid or there were a number of higher bids say over $200,000.
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Jack
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« Reply #7 on: October 26, 2019, 10:06:12 AM »

241 238 251 275 200 235 252 and Dave2 there were 3 tenders withdrawn so maybe more over 200k
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Dave2
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« Reply #8 on: October 26, 2019, 06:00:25 PM »

Agreed with Dave2, once you visit property you realize it?s not worth it. Also city commitment for not to let you build. Most of lot acreage is above 10m of water level. More then half of property is above 50m of lake water level. This property had many challenges including access. According to my observation access may cost up to $200k ( gravelled only). Survey shows there was applications submitted to city several times(x4), no building permit was issued (this changed my interest in property).

My estimate was even higher making a total cost over Half a million (they don't call this area the Haliburton Highlands without a good reason).    That is not a tax sale buy but full market cost although there may have been timber value  even though the aerials showed evidence of previous logging.    Anyone know who bought it?    Local lumber company?   e.g. the McCraes

The restrictions on property use also continue to grow as municipalities are increasingly enforcing MDS rules (minimum distance separation rules) which mean 200 metres or less to a working farm (usually from the barn) you cannot construct a new residential dwelling  irrespective of the zoning. On this one I wonder how many people checked out if you could get permission to construct a cottage if the lake had any carrying capacity left available.  I did and it was okay but there are a whole bunch of lakes in this area which you cannot.   
« Last Edit: October 26, 2019, 06:20:19 PM by Dave2 » Logged
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