Sheriff’s Sales of Lands North York,Ontario

Sheriff’s Sales of Lands North York,Ontario

Mar 9, 2017 Sheriff’s Sales of Lands North York,Ontario
55 Chipwood crescent, North York, Ontario, M2J 3X6

under and by virtue OF a Writ of Execution filed with the Sheriff of the city of Toronto, dated september 17, 2012, under writ file number 12-5706, the real and personal property of iqbal hooda, esquire estate canada ltd., comfort estates ltd. & amin hooda Debtor, at the request of nazim dadani, Creditor(s), I have seized and taken in execution all of the right, title, interest and equity of redemption of iqbal hooda, Debtor(s) in and to:

ALL AND SINGULAR that certain parcel or tract of land and premises situated, being Parcel 65-1, section m1238 part lot 65, plan 66m1238, pt 7, 66r4244 twp of York/north York, city of Toronto, Municipally known as

55 Chipwood crescent, North York, Ontario, M2J 3X6

All of which said right, title, interest and equity of redemption of iqbal hooda, Debtor(s), in the said lands and tenements described above, I shall offer for sale by Public Auction subject to the conditions set out below at 393 university avenue, 19th floor, Toronto, Ontario on Thursday, March 9th, 2017 at 11:00 a.m. (Registration from 9:30 a.m. to 10:30 a.m.)



the sale of the aforementioned property is subject to the following terms and conditions:

The purchaser to assume responsibility for all mortgages, charges, liens, outstanding taxes, and other encumbrances. No representation is made regarding the title of the land or any other matter relating to the interest to be sold. Vacant possession is not included in the sale of this property. Responsibility for ascertaining these matters rests with the potential purchaser(s).

terms:

A deposit of 10% of bid price or $1,000.00, whichever is greater.
Payable at time of sale by successful bidder;
To be applied to purchase price; and
Non-refundable – Failure of the successful bidder to comply with these terms and conditions may result in a forfeit of any deposits paid at the time of the sale or any time thereafter.

Ten business days from date of sale to arrange financing and pay balance in full at 393 university avenue, 19th floor, toronto, ontario.

All payments to be provided in cash or by bank draft, certified cheque or money order made payable to the Minister of Finance.

A Deed Poll will be provided by the Sheriff only upon satisfactory payment in full of purchase price.

Other conditions as announced.

this sale is subject to cancellation by the sheriff without further notice up to the time of the satisfication of the sale terms by a successful bidder.

Note: No employee of the Ministry of the Attorney General may purchase any goods or chattels, lands or tenements exposed for sale by a Sheriff under legal process, either directly or indirectly.

Date: January 23, 2017

Joe Dipietro
Sheriff
393 University Avenue, 19th Floor,
Toronto, on M5G 1E6

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

 

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Ontario Tax Sale properties Mississippi Mills

Ontario Tax Sale properties Mississippi Mills

 

municipal act, 2001
Mar 10,,2017 Ontario Tax Sale properties Mississippi Mills
sale of land by public tender
The Corporation of the Municipalityof Mississippi Mills

take notice that tenders are invited for the purchase of the land (s) described below and will be received until 3:00 p.m. local time on Friday the 10th day of March, 2017 at the Municipal Office, 3131 Old Perth Road, Almonte, Ontario K0A 1A0
Attention: Treasurer

The tenders will be accepted in a sealed envelope and clearly marked with the PIN and the roll number of the property for which the tender is submitted. A separate tender must be submitted for each property. Tenders will then be opened in public on the same day at the Municipal Office Council Chambers at 3:05 p.m.

Description of Land(s):

Unit 1, Level A, Lanark Standard Condominium Plan No. 18 and its appurtenant interest; subject to and together with easements as set out in Schedule A as in LC93401; subject to an easement in gross over parts 4, 5, 6, 27R79655 as in LC95610

Municipality of Mississippi Mills, County of Lanark

PIN 05718-0022 LT

Roll Number 0931 030 030 04608 0000

Minimum Tender Amount:$99,552.76

The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice. The minimum tender amount represents the cancellation price as of the first day of advertising.

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to or any other matters including environmental relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, penalties and interest, HST if applicable, and the relevant land transfer tax within 14 calendar days of being notified as the successful purchaser.

The municipality does not provide an opportunity for potential purchasers to view properties. The municipality has no obligation to provide vacant possession to the successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Rhonda Whitmarsh
Treasurer
3131 Old Perth Road
R.R. #2
Almonte, ON K0A 1A0
(613) 256-2064 ext. 262
rwhitmarsh@mississippimills.ca

 

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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Buying or Selling a Home in Canada

 

Buying or Selling a Home in Canada

 
Tax Tip: What you should know
News Room | Canada Revenue Agency | February 02, 2017 15:57 ET

OTTAWA, ONTARIO- If you bought your home in 2016 or plan to buy a home, the Canada Revenue Agency (CRA) has information that may help you.

Principal Residence Exemption

Sold your principal residence in 2016? File a tax return and claim the principal residence exemption for capital gains.

Starting with sales in the 2016 tax year, you are required to report basic information (date of acquisition, proceeds of disposition and address) on your income tax and benefit return when you sell your home to claim the full principal residence exemption. You do not have to pay tax on any capital gain when you sell your home if it was your principal residence for all the years you owned it and did not use any part of it to earn income. A property may qualify as your principal residence for any year that you or certain family members lived in it, if none of you designated another property as a principal residence for that year.

Home buyers' amount

If you are a first-time home buyer, you may be able to claim $5,000 for the purchase of a qualifying home in 2016.

You qualify for the home buyers' amount if you did not live in another home owned by you or your spouse or common-law partner that year or in any of the four preceding years.

A qualifying home must be located in Canada and registered in your name and/or your spouse's or common-law partner's name according to the applicable land registration system. It includes existing homes, such as single-family houses, semi-detached houses, townhouses, mobile homes, condominium units, apartments in duplexes, triplexes, fourplexes, or apartment buildings, as well as homes under construction.

You do not have to be a first-time home buyer if:

you are eligible for the disability tax credit; or
you acquired the home for the benefit of a related person who is eligible for the disability tax credit.

Home Buyers' Plan

You may also be eligible to participate in the Home Buyers' Plan (HBP), a program which allows you to withdraw funds from your registered retirement savings plan to buy or build a qualifying home for yourself or for a related person with a disability. You can withdraw up to $25,000 in a calendar year, and you have up to 15 years to repay the amounts you withdraw. Your first repayment starts the second year after the year you withdrew the funds from your RRSPs for the HBP.

To qualify for the Home Buyers' Plan:

you must be a first-time home buyer; and
you must have a written agreement to buy or build a qualifying home for yourself.

You are considered a first-time home buyer if, in the preceding four-year period, you did not live in a home that you or your current spouse or common-law partner owned.

You must intend to live in the qualifying home as your principal place of residence within one year after buying or building it. For more tax information for homeowners, go to cra.gc.ca/myhome.

Home Buyers' Plan for persons with disabilities

You do not have to be a first-time home buyer to participate in this plan if you are eligible for the disability tax credit or if you acquired the home for the benefit of a related person who is eligible for the disability tax credit. The purchase must be made to allow the person with the disability to live in a home that is more accessible or better suited to their needs.

Contact Information

Media Relations
Canada Revenue Agency
613-941-6269