Messages

1

General Discussion / Re: Vaughan - anyone attending??

« on: November 16, 2012, 07:17:57 PM »

Petermar Dr, Vacant land (tender #T12-425) - Sold for $256,000 (2 bids)
Petermar Dr, Vacant land (tender #T12-426) - Sold for $256,000 (3 bids)
Petermar Dr, Vacant land (Tender#T12-427) - Sold for $256,000 (3 bids)
Highway 27, E/S, vacant land  - Sold for $18,501  (1 bid)
Humber Bridge Trail, vacant land, - Sold for $120,000 (2 bids)

All of above are EP lands. How is the value determined on these restricted non-buildable lands?

2

Questions and Answers / Re: havelock

« on: November 15, 2012, 04:39:31 AM »

You might wanna call Leisure cottage to find some details. pm me for their details 

3

General Discussion / Re: Ottawa Results

« on: November 14, 2012, 04:43:28 PM »

Ottawa charges the most money for tender package and they make individual tender packages for each property for sale. For example if you are bidding for 4 properties than pay $50x4=$200. I was curious to know from those who bid for Ottawa properties if they bought the tender package from the city or used generic one?

4

General Discussion / Re: Vaughan - anyone attending??

« on: November 14, 2012, 04:33:30 PM »

There is nothing worth anything left - I'd be surprised to see bids on anything.

None of the vacants are buildable. Who would buy them? Only good for immediate neighbors.

5

General Discussion / Re: Vaughan - anyone attending??

« on: November 09, 2012, 03:44:08 AM »

Hi,

Anyone get Vaughan results?

Thanks.

6

General Discussion / Re: Vaughan - anyone attending??

« on: November 07, 2012, 10:37:31 PM »

Links Road just cancelled 

7

Announcements / Re: Welland Tax Sale information - Maps and Documentation for Submitting a Tender

« on: November 04, 2012, 12:06:32 AM »

Thanks g2020.

8

General / Re: Bramption 10 Maple avenue

« on: October 26, 2012, 03:37:00 AM »

I got a response from the City today:

"Thank you for your request of October 15th regarding the Tax Sale of 10 Maple Avenue.
 
The results of the tax sale will be published on our web site by the end of this week.  As per your request, the sold amount of this property was $161,651.00."

Not bad for $233k assessed value house in GTA for $162k.

9

General Discussion / Re: non-winning bids

« on: October 24, 2012, 07:53:59 PM »

It depends on the treasurer of each municipality. Some do return on the spot by looking at your ID but some prefer to mail it back to you next day.

10

General / Re: Bramption 10 Maple avenue

« on: October 21, 2012, 02:52:55 PM »

Hello everyone,
Just curious if any body attended Bramption 10 Maple avenue sale and how much did it go for.

Thanks.

Any details ?

11

Announcements / Re: Tax Sale Results for Penetanguishene Tax Sale

« on: October 19, 2012, 05:21:31 PM »

Property @ 75 Wozniak - Received 7 Tenders - 1 Rejected, 1 Withdrawn - Sold for Highest Tender of $13,500.00

Great Work by Tri-Target. Would it be possible to have access to the old properties photos for registered members ?
Thanks,
Shah

12

Questions and Answers / Re: Crown Lean

« on: October 19, 2012, 05:12:15 PM »

Jude,

Let me share you my experience. I had the same situation of the mortgage lien on my winning property. After the registration I requested the city's lawyer to remove it and they did it after a while. Luckily I didn't have to spend anything for removal.

Good luck.

13

General Discussion / Re: Hamiltion

« on: May 16, 2012, 02:17:37 PM »

Nugent and Kensington were cancelled last hour again as before. Anybody has results ?

14

Member Experiences / Re: Mississauga Results - an indication?

« on: March 22, 2012, 01:29:03 PM »

Mississauga may indeed indicate how Rice Lake will go. The house and townhouse were redeemed. There were 58 people attending, plus 9 city staff, and a security guard. The commercial/industrial condo at 145 Traders Blvd had 13 tenders and high of $219,99. Second high was 160,000. This unit was assessed at $210,000 and the unit beside this one sold for $195,000 last September. By the time the city adds HST and tax adjustment, this one will have sold for about $250,000.
No one  bid the strip of land.
The vacant lot got 11 bids and the high and second high were $305,000 and $188,100. Amazing!
If this is any indication then the Rice Lake "tear down cottage" could go for much more than it is worth, since whether or not a lot can realistically be built upon does not really seem to matter. It must be the weather

I was there too. The vacant lot which is un-buildable is actually gone for $188,100 and Traders commercial condo was sold for $305,000. The city staff made a mistake in reading the tender for $305,000 referring to the vacant lot which was actually tendered for the commercial condo.  
My curiosity is that why did the construction company buy the un-buildable lot for $188,100 which could not be built for last 40 years? The easement describe that you can only make a garden on it. Any thoughts ?

15

Announcements / Re: Mississauga - Time for City Dwellers to have a turn - and Madoc Postscript

« on: February 23, 2012, 02:29:17 PM »

I totally agreed with you Dave. Never contact the owner.