All tax sales on:
17 July 2021All tax sales from:
Town of IngersollSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF INGERSOLL 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
August 5, 2021, at the Ingersoll Municipal Office, 130 Oxford Street,
2nd Floor, Ingersoll Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Ingersoll Municipal Office, 130 Oxford
Street, 2nd Floor, Ingersoll.
Description of Land(s):
Roll No. 32 18 030 050 12100 0000; 79 King St. W, Ingersoll; PIN
00160-0064(LT); PT LT 8, 12-13 BLK 15 PL 279 AS IN 396196; S/T &
T/W 396196; INGERSOLL; File No. 19-01
According to the last returned assessment roll, the assessed value of
the land is $170,000
Minimum Tender Amount: $19,998.18
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.
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:
Joyce McAndrew, AMCT
Deputy Treasurer
The Corporation of the Town of Ingersoll
130 Oxford Street, 2nd Floor
Ingersoll ON N5C 2V5
519-485-0120 Ext. 6226