Ontario Tax Sale Property Forum
Tax Sale Forum => Property Information => Topic started by: Dave2 on October 28, 2011, 03:22:48 PM
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For once I figure us amateurs can show the full time pro's (Tri Target and Ontario Tax Sales) that we can find out about tax sales too. ;D
(I will probably get at least three minus marks for being so cheeky)
Time for Trent Hills to increase tourist traffic so without fail they have an end of year tax sale.
http://www.trenthills.ca/en/services/land_tax_sales.asp
As always they have one to attract people to come to the big town of Campbellford. (500 feet of waterfront, with over 10 acres). (for some reason these always redeem or the local conservation authority has them tied up in knots >:( )
Seriously interesting time for a drive as there are still some nice leaves closer to the 401.
Of course this is going to cost me more then just minus marks as for sure Netpred will come to collect his beer owed.
Enjoy
Dave2
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Dave Also
Don't waste your time...the package (which the town has so nicely provided free on-line), clearly shows this property as: 'Zoning ? Environmental Protection ? No Development Permitted'....check it out first, I don't know if they will even let you pitch a tent. 8)
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As always they have one to attract people to come to the big town of Campbellford. (500 feet of waterfront, with over 10 acres). (for some reason these always redeem or the local conservation authority has them tied up in knots >:( )
8)
My concern is that members of this board will be fingered as spoilsports by the pros and the local tourist department.
You know those great ads about the tremendous property for sale in tax sales for 1950's prices that never has any problems.
How about I match your bid and raise you 2 properties on Gummow road which at first seem great, as they are zoned for building but how the "use strong language whatever you chose" they got it I can't figure out.
Fortunately the local building department still has some defences; let us say getting a septic permit may require some fill; my guestimate in a driveby was a hundred dump truck loads per property. (Hint the terrain is opposite of a hill)
So mister 8) I figure I am at least 2 properties ahead for the spoilsport award.
want to make a bet who is the worst spoilsport? 8) ( Someway I have to compensate for my losses to Netpred although my favourite Hamilton brewery is no more)
Dave Also
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Dave:
As always I am a bit ahead of you.
Anyone who is interested in this property should contact the Lower Trent Region Conservation Authority and ask to speak to someone about permits. I can give anyone the name of the person to speak with by pm. Tell them that you are interested in a waterfront property on Wilson Island (aka Anderson Island) just past Tomkins Lane. You will have your answer. This is a flood plain that actually can be two or three feet under water. The island has been evacuated in the past and will flood again. Check out this link by way of only one example:
Netpred:
With you personally on betting I going to follow an old Maxam that I will call Dave 2's rule of Holes. It goes like this
Q. When you are in a (very deep) hole what is the first rule?
A. Stop digging.
I think though it is important to recognize the quality of your post. If we are going to have a spoilsport award we have to have a way to properly recognize quantity versus quality of posts on the properties that someone has commented on.
Any thoughts???
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Dave:
I have no interest in spoilsport awards. I have only an interest in the fine beverage that is available only in your local watering hole.
How can you not jump on this bet? Remember, I am betting that there will be a tender. That can only happen if the property does not redeem. If it redeems, you win and I lose since there will be no valid tenders. Of course, useless POS properties never redeem ;D.
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Dave:
I have no interest in spoilsport awards. I have only an interest in the fine beverage that is available only in your local watering hole.
How can you not jump on this bet? Remember, I am betting that there will be a tender. That can only happen if the property does not redeem. If it redeems, you win and I lose since there will be no valid tenders. Of course, useless POS properties never redeem ;D.
Netpred:
Just curious what odds I could get from you if I could prove I could place a residential structure on the property. As this would completely change normal bidding rules and corresponding property valuations I may do it by PM.
We can let this guy 8) (unless he wants to bid with you. I recognize he prefers a higher class drink then beer probably something like in the picture below) or Rob be the judge as I may not want to put this information in the public domain?
Dave2
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Sorry Dave, still one step ahead of you. No can do. Check your PMs.
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Sorry Dave, still one step ahead of you. No can do. Check your PMs.
Responding to PM, trying to trap Netpred is like trying to catch a greased hog. :o Who else would have thought of a structure last used by a gentleman called Noah which is probably the only structure this property can take in spring runnoff time. I guess I should have followed my own sayings.
From Wikpedia:
http://en.wikipedia.org/wiki/Noah's_Ark
We will argue if I owe anything additional when you come to collect your previous winnings. Maybe this gentleman 8) will be kind enough to join us to be the judge.
Dave2
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I have a related question... why do private individuals even own these types of environmentally protected properties? Why aren't they just bought up by the township? Who would want to own them?
I used to live in Innisfil near Lake Simcoe and there were always these types of properties coming up. I see there is one up now too. What is the point?
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The people who want to buy them generally fall into a couple of categories.
1) First using an illustration from our own house. We bought the adjacent lot behind ours (this was a conventional real estate sale) to increase the enjoyment of our own property. We are using it for a vegetable garden and most importantly to have control over it to increase enjoyment of our own property. Adjacent property owner is a logical ownership argument even if you keep it in its native state.
Longterm we will sell it once we sell our house.
2) Some people want to buy and enjoy natural property that they will likely leave to a charitable organization like the Nature Conservatory of Canada.
The problem is that this is generally a thin market that does not want to pay a market price even if it is discounted because of the zoning.
You cannot buy a property like this for resale to someone else.
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EP zoning is relatively a new thing. Most of these properties had rural or seasonal zoning 20 or 30 years ago. Many people built cottages but some did not. Then the conservation authorities decided to become more important and started expanding their scope of activity. At the same time, we saw the emergence of professional planners who knew better than others on land use issues. As a result, most municipalities have changed their official plans and have adopted EP etc zones while conservation authorities continued to increase regulation in areas deemed hazard. So what happened to properties that were buildable at one time, became unbuildable almost over night. It is unfair that those who built cottages scored while those who sat on their property were shut out. Many owners of these sterilized properties stopped paying taxes on essentially worthless properties. These often go on tax sales.
I have friends with existing cottages who have been told that most of their property is EP and there will be no further cottage expansions...so much for the new gazebo.
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I have friends with existing cottages who have been told that most of their property is EP and there will be no further cottage expansions...so much for the new gazebo.
Real risk is endangered species act which in some crazy cases we have been told they cannot tell us of restrictions in advance because of the risk to the publicity risk to the "endangered species"
Also closer to Toronto there is always Oakridges Morraine 2
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So in essence, unless one of these properties adds to your backyard, stay away. They should be left to go without tenders and be up to the township to deal with.
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I have friends with existing cottages who have been told that most of their property is EP and there will be no further cottage expansions...so much for the new gazebo.
That is certainly correct, but at least they have a cottage to enjoy that they can sell in the future. I really feel for the neighbour who did not build and is now stuck with worthless vcnt EP crap.
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I have friends with existing cottages who have been told that most of their property is EP and there will be no further cottage expansions...so much for the new gazebo.
Frank:
You got to be optimistic. This property would make a great home for Gators (ignoring the winter) ;D Maybe thats the reason a number of the cottages in the area are built on stilts.
They would never get approval today.
Seriously quality of offering is so unpromising I may pass on doing any title searches. Of the ones on this tender;
One caution generally on the siteplan information provided. Although very good; they show unopened road allowances; thus where you think you have a road it may not exist.
1. I is definitely flood plain and seriously Environmentally Protected. However muskrats or gators will approve. Great location in season though for someone who wants to donate blood to the local insect population. They will be out in force both night and day.
2. I is good for mountain goats (i.e. no septic allowed or possible, as the slope I estimate at 40 degrees or more.
3. Other ones are very expensive for this type of offering, ($10,000) and will require a lot of fill for the septic, foundation etc. I cann't figure how to make money on them and more importantly I wonder if the conservation authority may argue against a building permit as I can't see how they would be approved today.
I may want to investigate them as a test case about risks of rural residential that was historically granted with local conservation authority and resulting risks of down zoning.
I don't have to make a bid to do that.
There has got to better opportunities elsewhere.