Ontario Tax Sale Property Forum

Tax Sale Forum => Announcements => Topic started by: New_in_Otawa on July 29, 2016, 05:10:43 PM

Title: Frontenac
Post by: New_in_Otawa on July 29, 2016, 05:10:43 PM

Hi Guys

I am kinda new at this, been watching for a while. I also bid and lost on one property(Eagle Lake) a couple months ago.  I see the winner has it on Kijiji.  Any thoughs? http://www.kijiji.ca/v-house-for-sale/ottawa/sharbot-eagle-lake-waterfront-deal-5-acres-parham-cottage/1186015147?enableSearchNavigationFlag=true

Title: Re: Frontenac
Post by: Dave2 on July 30, 2016, 12:06:28 PM

Thanks for the information and welcome to the board.  

It will be interesting to track what this one actually brings.

This was actually a nice property but the tax sale had too many good ones for sale so difficult to price.

Tax sale purchaser bought at what I thought was a high price but in this market he or she might get away with it.  

Prices are rising but hard to determine where the market is and as a result what one should bid.  

Site topography for this site may result in some interesting construction issues but the winner may have addressed them with the municipality if clearance to build on old cottage site is confirmed. That will be a concern of the new buyer.