All tax sales on:
8 Feb 2020All tax sales from:
NiagaraSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF
NIAGARA-ON-THE-LAKE more info
TAKE NOTICE that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on
March 5, 2020, at the Town of Niagara-On-The-Lake Town Hall, 1593
Four Mile Creek Road, Virgil 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, 1593 Four Mile Creek Road,
Virgil.
Description of Land(s):
Roll No. 26 27 020 008 02300 0000; 1651 Lakeshore Rd., Niagara-
On-The-Lake; PIN 46392-0020 (LT); Parcel 200-1 Section M11; Lot
200 Plan M11, except Part 1 Plan 30R4033, as confirmed by Plan
30BA179, Plan M11 is not a plan of subdivision within the meaning of
the Planning Act; Niagara-On-The-Lake; File No. 18-10
According to the last returned assessment roll, the assessed value of
the land is $341,000
Minimum Tender Amount: $80,604.44
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 land 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.
Transfers of properties in this jurisdiction that contain at least one and
not more than six single family residences and are transferred to nonresidents
of Canada or foreign entities, are subject to the Province's
Non-Resident Speculation Tax (NRST).
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, visit: www.OntarioTaxSales.ca or if no
internet access available, contact:
Donna Lake,
Revenue Coordinator
The Corporation of the Town of
Niagara-On-The-Lake
1593 Four Mile Creek Road
P.O. Box 100
Virgil ON L0S 1T0
905-468-3266 Ext. 230