Ontario Tax Sale Property Forum
Tax Sale Forum => Property Information => Topic started by: Jayz on January 02, 2008, 08:07:32 PM
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No one seems interested in this upcoming tax sale? I drove by on new year's day and this is what I found to share with you all -
Those vacant lands are located along Lighthouse Dr. but I am not sure which side. You can find Lighthouse Dr. on Google Map but not on Google Earth probably nor on your GPS unit (not on mine). On Google Earth and my GPS, it's indicated as (part of) Lakeshore, which is not exactly right. Lighthouse Dr., as the road sign shows, is located between Johnson Rd and Dover St. If your GPS like mine doesn't have Lighhouse Dr. in database try intersection Johnson/Lakeshore. I started from that intersection to drive along Lighthouse. Both sides are vacant untill I hit Greens Line as my attached pictures show, beyond which there are properties right on water on my right. So I conclude those vacant lands up for tax sale are located between Johnson Rd and Greens Line are not on water probably don't even have lake access closeby as I didn't see any untill about the end of the road Port Maitland. It seems a quiet and nice place close enough to water. Depending on what you wanna get out of it, at that price assuming no higher bid, it still may be worthwhile.
I will attach pix in several posts since one is limited to 4 attachments as well as with size restriction.
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more pix
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more pix
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more pix
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There is two possible reasons everyone is quiet......No one is interested......or everyone is interested.....
Most of the lots are landlocked and useless. It looks like early 90's someone created a plan of subdivision which the few houses south of lighthouse ( ones on right you mentioned) were built and 60 or 70 lots cant be given away. These are around half acre lots
Haven't done titles or anything so no idea if crown liens etc exist
One of the houses on Stonehaven ( south of Lighthouse) is for sale MLS?: H275989 . 14 year old house , looks nice , 279 asking
Gives you idea of land values in area, Take away cost of house construction, rezoning, development charges etc and you are really left with not too much.
Also research whether current bylaws accept septic on a .5 acre lot as many counties want bigger lots now for septic beds. These lands are on development hold since 2004 . No Holding tanks are permitted so better do some research on Septic beds ..
http://www.haldimandcounty.on.ca/Documents/planning/development/The%20Lakeshore%20Study%20-%20Draft.pdf
Thanks for the pictures
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I also find zoning for these lots is seasonal residential.
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This is another 'Checker-board' situation. It would appear that the plan was put on it sometime before the early eighties or late 70's, since most of the lots were sold (at leads for title purposes) around that time-frame. This is a subdivision by bequest which was a legal mechanism back then (since stopped by the province), however it was done without the Municipalities consent. The Town turned around and put a Holding condition on all of the lots, and basically it says that nothing can happen (can't even pitch a tent) until there are a whole bunch of expensive studies done that would prove that there needs to be a subdivision in this location. The studies, if they conclude that there is a case, may however not conclude that the property fabric should be as per the current situation. For example it may conclude that this would be a good location for rural estate residential lots of 2 acres, in which case - should you buy one of the lots currently for sale - you would be faced with the task of buying out a few neighbours in order to get a buildable lot in the future.
Unless you can convince all of the 70+ property owners to kick in money towards the studies and then whatever infrastructure would be required to do a subdivision - you would be on your own. There is a fat chance in hell that anything will happen out there within my kids lifetimes.
Oh I forgot, you would be able to use the property as a garden patch. At least the ones that have road frontage, the other ones would be forced to trespass to get to them.
By the way, I reserve my right to place a bid on one or all of them, even though I offer the above information - however that is most unlikely.
Oh yeah, and also be for-warned that these properties are within the 10 kilometer either side of the Grand River which the natives have claimed that they own and have all rights to (they say it was never surrendered). If someday you did get approval to build, then be prepared for a possible native occupation once you sink your retirement money into a building.
Happy New Year ;D
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Boy oh Boy...Can you say "dogs breakfast'
I thought I was being smart just finding the possible septic problem...Thanks for the info Frank... Thats what I call "due diligence"..
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Boy oh Boy...Can you say "dogs breakfast'
I thought I was being smart just finding the possible septic problem...Thanks for the info Frank... Thats what I call "due diligence"..
pure f__g magic
By the way the lots are for the most part over an acre in size. The Town only requires half an acre for a septic, so you could put a good size house on any one of them...if they ever allowed you to. 8)
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Anyone attend, Anyone have the results ?
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Anyone attend, Anyone have the results ?
Frank is probably the only one. :)
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Anyone attend, Anyone have the results ?
Frank is probably the only one. :)
Nope, didn't have the time to waste attending that sale. I'm curious as to the outcome however. If anyone has the info. it would be appreciated. I seriously doubt that there were any bids. 8)
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The Industrial lot went for $70,101
All of the lots with existing road frontage went for anywhere from $7151 to $13,000.
Only one of the landlocked parcels was sold - and it was the one zoned Open Space, future parkette. It went for $9,999 - go figure.
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I don't see the value, however if you are local, and you have lots of time... If I wanted to live there I would just buy the completed house off MLS
I presume 13000 was 147 or 159 . They were the only ones I can see having any possible value. But I hate little one acre country lots, All the inconvenience of the country , but no land to play on and no big payoff 50 years from now for the grand kids when the developers come to town
I presume whoever bought the landlocked, bought the locking piece too..