All tax sales on:
7 March 2020All tax sales from:
Township of Terrace BaySale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF TERRACE BAY more info
TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on April
8, 2020, at the Terrace Bay Municipal Office, 1 Selkirk Avenue, Terrace
Bay Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Terrace Bay Municipal Office, 1 Selkirk
Avenue, Terrace Bay.
Description of Land(s):
1. Roll No. 58 54 000 003 08100 0000; 16 Elizabeth Ave., Terrace Bay;
PIN 62457-0341 (LT); PCL 630 SEC TBEF; LT 421 PL M143 STREY;
TERRACE BAY; File No. 18-01
According to the last returned assessment roll, the assessed value of
the land is $17,000
Minimum tender amount: $28,955.43
2. Roll No. 58 54 000 003 03601 0000; 53 Lakeview Dr., Terrace Bay;
PIN 62457-0432 (LT); PCL 9558 SEC TBF; LT 508 PL M143 STREY;
TERRACE BAY; File No. 18-04
According to the last returned assessment roll, the assessed value of
the land is $11,200
Minimum tender amount: $7,343.88
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 lands 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.
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:
Stan J. Spadoni
Treasurer/Deputy Clerk
The Corporation of the
Township of Terrace Bay
1 Selkirk Avenue
P.O. Box 40
Terrace Bay ON P0T 2W0
(807) 825-3315 Ext 227