Ontario Tax Sale Property

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All tax sales on: 9 August 2008
All tax sales from: Town of Cobourg

Sale of Lands for Tax Arrears
by Public Tender



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

TAKE NOTICE that tenders are invited for the purchase of the land(s)
described below and will be received until 3:00 p.m. local time on
Wednesday, September 10, 2008 at Victoria Hall, 55 King Street West,
Cobourg, ON K9A 2M2.
Description of Land(s):

FIRSTLY: ALL AND SINGULAR that certain parcel or tract of land
and premises situate, lying and being in the Town of Cobourg, in the
County of Northumberland, Province of Ontario, and being composed of
part of Lot 5, Block E, parts of Lots 1, 2, 3 and 4, Block C all according
to Registered Plan No. 10, Town of Cobourg, which parcel or tract of
land and premises are now designated as Part 3 on a Plan of Survey of
Record in the Land Registry Office for the Registry Division of
Northumberland West (No. 39) as Plan No. 39R-842;
TOGETHER WITH a right-of-way in common with all others from
time to time lawfully entitled thereto, at all times and for all purposes,
over, along and upon part of Alice Street closed by By-law Number
1246 for the Town of Cobourg, and part of Lot 1, Block C, Plan Number
10, now designated as Part 4 on the said Plan No. 39R-842;
TOGETHER WITH a right of way with all others from time to time
lawfully entitled thereto, at all times and for all purposes, over, along
and upon parts of Lots 3 and 4, Block C, Plan Number 10, now
designated as Part 2 on the said Plan No. 39R-842.
ALL being Part of Lot 17 Con. A.
ALL AND SINGULAR that certain parcel or tract of land and premises,
situate, lying and being in the Town of Cobourg, in the County of
Northumberland, being composed of Lots, 3, 4, 5, 6, 7, 8, 9, 10, 13, 14, 15
and 16 in Block B and parts of Lots 1, 2, 3, 4 and all of Lots 5, 6, 7, 8 and 9
in Block C and Lots 3 and 4 and part of Lot 5, Block E and Victoria Square
and an unnamed street west of Victoria Square, and parts of Alice and
Clare Streets covered by By-law Number 1246, all according to Plan
Number 10, and now designated as parts 1, 2, 4 and 5 of a Plan of Survey
of Record filed in the Land Registry Office for the Registry Division of
Northumberland West (No. 39) as Plan No. 39R-842;
SUBJECT to a right-of-way at all times and for all purposes, over, along
and upon that part of Alice Street covered by By-law Number 1246 and
part of Lot 1, Block C, Plan Number 10, now designated as parts 2 and 4
on the said Plan No. 39R-842. As described in Instrument # 147893.
ALL being Part of Lot 17 Con. A.
THIRDLY:
In the Town of Cobourg , in the County of Northumberland, being part
of the Railway Lands shown as Spring Street on Caddy Plan (formerly
Part Lot 17, Concession AA@, Hamilton) designated as Part 1 on Plan
39R-2642, and Part of a Street Reserve, Caddy Plan (formerly Part of
Lot 18, Concession A, Hamilton), designated as Part 2 on Plan 39R-
2642. As described in Instrument No. 143486.
(PIN 51095-0378 (R))
Municipally known as 96 Alice Street, Cobourg, ON. K9A 2E4
Roll # 1421-000-150-20100-0000
Minimum Tender Amount: $1,872,756.39
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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.
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.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax
Sales Act. The successful purchaser will be required to pay the amount
tendered plus accumulated taxes and the relevant land transfer tax. And
G.S.T., if applicable.
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:
MR. IAN D. DAVEY-Treasurer
The Corporation of the Town of Cobourg
55 King Street West
Cobourg, Ontario K9A 2M2
(141-P233) (905) 372-4301
Municipal Tax Sales Act



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