Ontario Tax Sale Property

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All tax sales on: 22 Jan 2022
All tax sales from: Town of Midland

Sale of Lands for Tax Arrears
by Public Tender



SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF MIDLAND more info   Add to Favorites      Attending this sale?

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 February 24, 2022, at the Town of Midland Municipal Office, 575
Dominion Avenue, Midland 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 of Midland Municipal Office, 575
Dominion Avenue, Midland.
Description of Land(s):

1. Roll No. 43 74 010 012 36500 0000; 936 Yonge Street, Midland;
PIN 58457-0135 (LT); LT 11 PL 904 TAY EXCEPT RO1432663
& RO1282089; MIDLAND; File No. 19-04
According to the last returned assessment roll, the assessed value
of the land is $11,900
Minimum Tender Amount: $5,538.40
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2. Roll No. 43 74 020 013 01330 0000; 725 Aberdeen Blvd. Unit 44,
Midland; PIN 59358-0044 (LT); UNIT 44, LEVEL 1, SIMCOE
VACANT LAND CONDOMINIUM PLAN NO. 358 AND ITS
APPURTENANT INTEREST; SUBJECT TO EASEMENTS
AS SET OUT IN SCHEDULE A AS IN SC813284; TOWN OF
MIDLAND; File No. 19-10
According to the last returned assessment roll, the assessed value
of the land is $31,000
Minimum Tender Amount: $9,885.90
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3. Roll No. 43 74 020 013 01331 0000; 725 Aberdeen Blvd., Unit 45,
Midland; PIN 59358-0045 (LT); UNIT 45, LEVEL 1, SIMCOE
VACANT LAND CONDOMINIUM PLAN NO. 358 AND ITS
APPURTENANT INTEREST; SUBJECT TO EASEMENTS
AS SET OUT IN SCHEDULE A AS IN SC813284; TOWN OF
MIDLAND; File No. 19-11
According to the last returned assessment roll, the assessed value
of the land is $31,000
Minimum Tender Amount: $10,012.93
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4. Roll No. 43 74 020 013 05270 0000; Pillsbury Dr. Midland; PIN
58475-0474 (LT); BLOCK 65, PLAN 51M800, S/T RO246104,
S/T EASEMENT OVER PT 36 PL 51R33154 AS IN SC275921;
MIDLAND; File No. 19-12
According to the last returned assessment roll, the assessed value
of the land is $ 75,000
Minimum Tender Amount: $13,582.73
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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, crown interests, possession of abutting owners, availability of
road access or any other matters relating to the lands to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.
Any interests of the Provincial Crown encumbering the land at the time
of the tax sale will continue to encumber the land after the registration
of the tax deed. 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:
Michael Jermey, CPA, CA
Chief Financial Officer
The Corporation of the Town of Midland
575 Dominion Avenue
Midland ON L4R 1R2
705 526-4275 x2215
www.midland.ca



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