Ontario Tax Sale Properties – Red Rock

municipal act, 2001
Mar 30,2017 Ontario Tax Sale properties Red Rock
sale of land by public tender
The Corporation of the Township of Red Rock

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 March 30, 2017 at the Township of Red Rock municipal office, 42 Salls Street, Red Rock, Ontario P0T 2P0

Tenders received on or before the due date and time provided in the manner required shall be opened in public on the same day at 3:15 pm local time, at the Township of Red Rock municipal office, 42 Salls Street, Red Rock, Ontario P0T 2P0

Description of Land(s):

Part Lot 3, Concession 2 Nipigon; Part Block A, Plan 848 Nipigon, Parts 9 to 14, Reference Plan 55R2098 & Part 1, Reference Plan 55R7462, PIN #62471-0495, Township of Red Rock, District of Thunder Bay

Minimum Tender Amount:$5,525.25

Lot 126, Plan 780, Nipigon; PIN #62471-0138, Township of Red Rock, District of Thunder Bay

Minimum Tender Amount:$22,865.05

Part Lot 194, Plan 780, Nipigon; as in TBR273889; S/T Right in TBR273889; S/T TBR273889; PIN #62471-0185, Township of Red Rock, District of Thunder Bay

Minimum Tender Amount:$9,518.36

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 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 and the relevant land transfer tax.

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:

Kal M. Pristanski, CAO
The Corporation of the Township of Red Rock
42 Salls Street, P.O. Box 447
Red Rock, Ontario P0T 2P0
Tel.: (807) 886-2245
Fax: (807) 886-2793
Email: cao@shawbiz.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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