Ontario Tax Sale Property

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All tax sales on: 17 March 2007
All tax sales from: City of Cambridge

Sale of Lands for Tax Arrears
by Public Tender



SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF CAMBRIDGE 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 Tuesday,
April 17, 2007 at the City of Cambridge Purchasing Division, Second Floor,
Cambridge Place, 73 Water Street North, Cambridge, Ontario.
The tenders will then be opened in public on the same day at 3:30 p.m.,
in The Bowman Room, Fourth Floor, Cambridge Place, 73 Water Street
North, Cambridge, Ontario.
Description of Lands:

Roll No. 30 06 100 019 04900 0000 00
Municipal Address: 185 King Street East, City of Cambridge, Regional
Municipality of Waterloo
Pt Lt 3-4 Con Beasley’s Broken Front Twp of Waterloo Pts 7 to 10
67R591; Pt Lt 1 N/S King St, 2 N/S King St Pl 522 Cambridge Pts 1 to 6
& 11 67R591; S/T 276587; S/T the reservation in 279886; S/T
WS701044; Cambridge
Minimum Tender Amount: $ 149,546.72
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Roll No. 30 06 110 025 08436 0000 00
Municipal Address: 0 Marmel Court, City of Cambridge, Regional
Municipality of Waterloo
Block C Plan 1411, Cambridge
Minimum Tender Amount: $ 4,281.38
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Roll No. 30 06 030 007 01350 0000 00
Municipal Address: 0 Roxboro Road, City of Cambridge, Regional
Municipality of Waterloo
Part of Lots 11 and 13, Plan D-5, City of Cambridge, Regional
Municipality of Waterloo, formerly in the City of Galt, being more
particularly described as Part 2, Reference Plan 67R-2938
Minimum Tender Amount: $ 663,705.76
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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 a bank draft
or cheque certified by a bank or trust corporation payable to the The
Corporation of the City of Cambridge and representing at least 20 per
cent of the tender amount.
The municipality makes no representation regarding the title to 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. Responsibility for ascertaining
these matters rests with the potential purchasers. The municipality has no
obligation to provide vacant possession to the successful purchaser.
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, administration / legal costs, GST if applicable, and the
relevant land transfer tax.
Beginning Monday, March 5, 2007 packages containing general property
information and a copy of the prescribed tender form are available at the
Purchasing Division for a fee of $40.00 (includes GST):
NANCY REAY
Manager of Taxation
City of Cambridge
73 Water Street North, First Floor
Cambridge, Ontario N1R 7L6
The Corporation of the City of Cambridge
Purchasing Division
73 Water Street North, Second Floor
Cambridge, Ontario N1R 7L6
(140-P072) 519. 740.4637
City of Toronto Act, 2006



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