Ontario Tax Sale Property Forum
Tax Sale Forum => Questions and Answers => Topic started by: thecobo on August 18, 2007, 02:23:58 PM
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hi :
did any one go to wollaston you can share the adventure thanx
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Wolaston was quite the adventure. ended with heartbreak from people, >:( that are either very rich or very stupid, over bidding. I spent two days there trying to look at the properties. Bear lake 47 acres was what everyone thought they wanted I tried getting to it from the north(private roads blocked off) and south and along the river but it was completely inaccessible! People tried with atvs and conoes but only a float plane or amphibian will get u there. The 99 acres parcel was even deeper into the bush. Locals stated they werent interested in these parcels but both had over 20 bids.
the coucil room was packed with over 30 people
Bear lake went for 41k. bought by an east Indian lady who knew nothing about the land never even saw a map of it. Everyone thougth it was a big over bid! second highest 32k
the 99 acre (half swamp innaccesssible) went for 16,800. (more than its worth)
urbach lake had over 20 bids. (20 acres, can never build a road to it) went for 30k (assessed value 29k), second highest 21k
the 1.84 acres by the railway tracks. I spoke with the family and they didnt think it was worth the minimum tender amount of 4900. it had only one bid of 14,000. (I'll hold my comments to my self as Im sure he feels stupid enough.
the 10 acres of forest on a road. this was my dream parcel I bid high but not stupid 10,000. but was outbid by 11,130 and 10500. smart bidding as this is worth 14k on the open market. but a heartbreakerfor me.
anybody have 10 acres of forest or farm they want to sell me?