Ontario Tax Sale Property Forum

Tax Sale Forum => General => Topic started by: Jayz on April 14, 2023, 07:50:53 PM

Title: County Lambton 205 ACRES
Post by: Jayz on April 14, 2023, 07:50:53 PM

sold for $1,862,000, 11 tenders

Is this the most expensive tax sale in history?

Title: Re: County Lambton 205 ACRES
Post by: bee on April 21, 2023, 03:26:01 PM

LOL LOL LOL
The second highest was $1,680,000 and yes $1.8M its even above market value in the area. Huge overpaid....

Title: Re: County Lambton 205 ACRES
Post by: Pfm1011 on April 24, 2023, 12:05:30 PM

Thats under 10K an acre  for farmland in southern  ontario.   Bothwell will easily yield over 200 bushels corn  /55 soy   plus  per acre.   I am sure the farmer /investor who bought it is extremely extremely happy with the price  as that is likely half price or better