Ontario Tax sale properties Sale of land by public tender NewMarket

Ontario Tax sale properties Sale of land by public tender NewMarket

 

municipal act, 2001
Feb 15,2017 Ontario Tax sale properties NewMarket
sale of land by public tender
Corporation of the Town of Newmarket

 

take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on February 15, 2017, at the Town of Newmarket Municipal Office, 395 Mulock Drive, Newmarket Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Newmarket Municipal Office, 395 Mulock Drive, Newmarket.

Description of Land(s):

Roll No. 19 48 040 187 62100 0000; Bondi Ave N/S; PIN 03613-1112(LT); Parcel 22-1, Section 65M3139; Block 22, Plan 65M3139; Newmarket; File No. 15-05

Minimum Tender Amount:
$6,866.58

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, HST if applicable 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:

Grace Marsh
Supervisor, Property Tax & Assessment
Corporation of the Town of Newmarket
395 Mulock Dr.
P.O. Box 328
Newmarket ON L3Y 4X7
905-953-5300, ext. 2143
gmarsh@newmarket.ca

 
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