Ontario Tax Sale Property

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All tax sales on: 11 July 2015
All tax sales from: Greater Sudbury

Sale of Lands for Tax Arrears
by Public Tender



SALE OF LAND BY PUBLIC TENDER
THE CITY OF GREATER SUDBURY more info   Add to Favorites      Attending this sale?

Tenders for the purchase of land(s) as described below may be obtained from the City of Greater Sudbury, Purchasing Department, 2nd Floor, Tom Davies Square, 200 Brady Street, Sudbury or through the City's website at http://www.greatersudbury.ca/tenders/. Be sure to register to receive addendums. If you do not register, you will not be notified of properties that have been cancelled and/or removed from the Tax Sale List.
TAKE NOTICE that tenders for the purchase of the land as described below will be received NO LATER THAN 3:00:00 p.m. (Our time), on Wednesday, August 5, 2015, at the Purchasing Department, 2nd Floor, Tom Davies Square, 200 Brady Street, Sudbury, ON. The tenders will then be opened in public on the same day at 3:30 p.m., in Room C-11 at Tom Davies Square.
Description of Land(s):

File #11-135 (Roll #110.004.16300.0000)
675 Regional Road 55
Waters Twp Con 4 Lot 7 Pcl 16815 RP SR1110 Part 1
Assessed Value: Commercial $240,250.00
Minimum Tender Amount: $299,417.92
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Tenders must be submitted using the address label sheet provided, 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.
The municipality makes no representation regarding the title to or any other matters including any environmental concerns relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
Potential Purchasers must obtain all information regarding these properties on their own and the municipality does not provide an opportunity for potential purchasers to view properties nor is it in a position to provide successful purchasers with a key or vacant possession.
Frequently Asked Questions and Maps of all properties are also posted on the City's website at http://www.greatersudbury.ca/tenders/
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act.
The successful purchasers will be required to pay the amount tendered plus the accumulated taxes to the date of transfer to the successful purchasers and any relevant federal or provincial taxes that may apply (including land transfer tax and HST). Failure to complete the transaction by the successful bidders will result in the forfeiture of their deposit.
Questions regarding any aspect of this Public Tender Tax Sale must be received in writing via email to – Purchasing tenders@greatersudbury.ca or in writing by fax to (705) 671-8118.
Tony Derro
Manager of Taxation
Valeria Kandiral
Chief Procurement Officer
City of Greater Sudbury
P.O. Box 5000 Stn A
200 Brady Street
Sudbury ON P3A 5P3




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