All tax sales on:
6 November 2021All tax sales from:
Township of RamaraSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF RAMARA 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
November 25, 2021, at the Township of Ramara Municipal Office,
2297 Highway 12, Brechin Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Township of Ramara Municipal Office,
2297 Highway 12, Brechin.
Submitted tenders will be opened virtually and Livestreamed through
YouTube meeting stream–https://youtu.be/PXkzGBReNew
Description of Land(s):
Roll No. 43 48 010 009 70014 0000; 25 Poplar Cres., Brechin; PIN
74021-0034 (LT); PCL 14-1 SEC M111; LT 14 PL M111 MARA
T/W BLK "A" PL M111 AS IN MLT20627; S/T MLT20627
(TRANSFERRED BY LT94631); S/T MLT20182 RAMARA;
File No. 19-21 According to the last returned assessment roll, the
assessed value of the land is $347,000
Minimum Tender Amount: $ 72,067.28
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 the land to be sold, including any interests of the Federal or Provincial
Crown that continue to encumber the land after the registration of the
tax deed, 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.
The land was previously advertised for a sale to be held on the 16th
day of September, 2021 but the sale was postponed.
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:
Zach Drinkwalter, CPA, CA
Director of Finance
The Corporation of the
Township of Ramara
2297 Highway 12, PO Box 130
Brechin ON L0K 1B0
705-484-5374 Ext. 224