Ontario Tax Sale Property

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All tax sales on: 2 October 2004
All tax sales from: City of London

Sale of Lands for Tax Arrears
by Public Tender



SALE OF LAND BY PUBLIC TENDER
THE CITY OF LONDON 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 accepted if sealed in an envelope and
clearly marked with the PIN (Property Identification Number) and the
Roll Number of the property for which the tender is submitted. A
separate tender must be submitted for each property.
Tenders will be received ONLY at the City Tax Office, Room 407, City
Hall, City of London until 3:00 p.m. local time on October 28, 2004.
The tenders will then be opened in public at Committee Room #2, 2nd
Floor, City Hall immediately following the 3:00 p.m. deadline.
Description of Land: 1
Lot 3 and Part of Lot 2 Registered Plan 466, City of London, County of
Middlesex.
PIN: 08286-0162 (LT)
Municipal Address: 387 Mornington Avenue
Roll No.: 39 36 030-171-032-00-0000

Minimum Tender Amount: $56,410.23
Description of Land: 2
Part Lot 5 Concession 1, formerly Township of London, designated as
Parts 1 to 6, 33R5073, City of London, County of Middlesex.
PIN: 08109-0015 (LT)
Municipal Address: 1781 Oxford Street East
Roll No.: 39 36 030-290-026-00-0000
Minimum Tender Amount: 301,232.55
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The sale of these properties is subject to cancellation up to the time of
the tender opening without any further notice.
The Minimum Tender amount represents the cancellation price as of the
first day of advertising.
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit in the form of a money order or of a bank
draft or cheque certified by a bank or trust corporation payable to the
municipality and representing at least 20 per cent of the tender amount.
The municipality makes no representation regarding the title or any
other matters relating to the land to be sold, including but not limited to
the potential existence of environmental contamination, estates and
interests of the federal or provincial governments or their agencies,
easements and restrictive covenants, and interests acquired by adverse
possession. Responsibility for ascertaining these matters rests with the
potential purchasers.
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, penalties
and interest, GST if applicable, and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
For further information regarding this sale and a copy of the prescribed
form of tender contact the following staff:
Supervisor -Tax Collections (519) 661-4543
The Corporation of the City of London
Tax Sale Section
City Tax Office, Room 407
300 Dufferin Ave
(137-P288) London, ON N6B 1Z2
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