All tax sales on:
5 Feb 2022All tax sales from:
Township of Otonabee-South MonaghanSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF
OTONABEE-SOUTH MONAGHAN 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 3, 2022, at the Otonabee-South Monaghan Municipal Office,
20 Third Street, Keene Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Otonabee-South Monaghan Municipal
Office, 20 Third Street, Keene.
Description of Land(s):
1.Roll No. 15 06 020 030 07200 0000; 669 North Shore Dr. E,
Bailieboro; PIN 28020-0185(LT); PT LT 9 CON A S MONAGHAN AS
IN R569564; T/W R569564; OTONABEE-SOUTH MONAGHAN;
File No. 19-04
According to the last returned assessment roll, the assessed value of
the land is $217,000
Minimum Tender Amount: $22,912.08
2.Roll No. 15 06 020 030 30700 0000; 6 Long Island, Bailieboro; PIN
28021-0063 (LT); LT 103 PL 162 S MONAGHAN T/W R699354; S/T
SMD3391; TOWNSHIP OF OTONABEE-SOUTH MONAGHAN;
File No. 20-02
According to the last returned assessment roll, the assessed value of
the land is $151,000
Minimum Tender Amount: $17,393.59
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
the title to, availability of road access, 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:
Jocelyn Hill
Director of Financial Services/Treasurer
The Corporation of the
Township of Otonabee-South Monaghan
PO Box 70
20 Third Street
Keene ON K0L 2G0
705-295-6852 Ext 211
jhill@osmtownship.ca