Cart Total Items (0)

Cart

municipal act, 2001

Ontario Tax Sale properties City of Hamilton
sale of land by public tender

The City of Hamilton
Sale of Land by Public Tender - Hamilton
take notice that tenders are invited for the purchase Sale of Land by Public Tender – Hamilton of the land(s) described below and will be received until 3:00 p.m. local time on Tuesday May 30, 2017 at the Citizen Service Centre 1st Floor, City Hall, 71 Main Street West, Hamilton, On. The tenders will then be opened in public on the same day at 3:10 p.m. local time in Room 264 of City Hall, 71 Main Street West, Hamilton, On.

Sale of Land by Public Tender – Hamilton Description of Land(s):

1. Roll No. 25 18 040.334.04330

240 Cope Street

LT 176, PL 498: Hamilton

PIN # 17259-0224 (LT)

0.06AC 25.00FR 99.87D more or less

Assessed Value: Residential $158,000

Minimum Tender Amount $17,792.55

2. Roll No. 25 18 301.810.04000

0 Regional Road 97

note: property is a provincially

significant wetland, not developable

LT 3 (Township LT 14), Svy 334;

Flamborough City of Hamilton

PIN # 17530-0034 (LT)

Irregular 10.00AC 330.00FR more or less

Assessed Value: Residential $22,875

Minimum Tender Amount $4,598.87

3. Roll No. 25 18 301.910.63800

0 Valens Road

note: property is a provincially

significant wetland, not developable

PT LT 25, CON 10 Beverly, As in HL65633;

Flamborough City of Hamilton

PIN # 17528-0059 (LT)

6.91AC 374.55FR 804.54D more or less

Assessed Value: Residential $22,300

Minimum Tender Amount $4,516.99

4. Roll No. 25 18 010.084.05800

109 Kent Street

LT 58, PL 400; Hamilton;

Subject to Execution 92-03965, if enforceable.;

PIN # 17076-0133 (LT)

0.04 AC 25.00FR 75.00D more or less

Assessed Value: Residential $342,750

Minimum Tender Amount $56,902.10

5. Roll No. 25 18 040.322.09150

22 Agincourt Avenue

LT 127, PL 505; Hamilton

PIN # 17249-0040 (LT)

0.06 AC 25.00FR 100.00D more or less

Assessed Value: Residential $91,750

Minimum Tender Amount $13,195.58

6. Roll No. 25 18 040.283.05920

149 Grosvenor Avenue North

PT LT 303, PL 545, As in VM188916; Hamilton

PIN # 17224-0180 (LT)

0.05 AC 22.92FR 104.75D more or less

Assessed Value: Residential $163,250

Minimum Tender Amount $17,860.71

7. Roll No. 25 18 030.216.05960

333 East Avenue North

PT LT 18, PL 33, As in CD282469; Hamilton

PIN # 17187-0039 (LT)

0.06 AC 23.25FR 123.00D more or less

Assessed Value: Residential $131,250

Minimum Tender Amount $34,987.16

8. Roll No. 25 18 071.131.00400

1699 Upper James Street

PT LT 6, CON 1 Glanford PT 1, 2, 3 4 62R16373;

City of Hamilton;

PIN # 16906-0129 (LT)

0.71 AC 189.05FR 163.04D more or less

Assessed Value: Commercial $566,300 Residential $288,450

Minimum Tender Amount $132,601.06

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 (not a personalized certified cheque from a credit union account) payable to the City of Hamilton and representing at least 20 per cent of the tender amount.

The municipality makes no representation regarding the title to or any other matters including any environmental concerns relating to the land to be sold. Any existing Federal or Provincial liens or executions will remain on title and may become the responsibility of the potential purchaser. Responsibility for ascertaining these matters rests with the potential purchasers. The municipality does not provide an opportunity for potential purchasers to view properties nor is it in a position to provide successful purchasers with a key or vacant possession.

This sale is governed by Part XI of the Municipal Act, 2001 and as amended by the Municipal Statute Law Amendment Act, 2002. The successful purchaser is required to pay any relevant federal or provincial taxes that may apply on closing (including land transfer tax and HST). Failure to complete the transaction by the successful bidder (highest or if failed, second highest bidder) will result in the forfeiture of their deposit.

For further information regarding this sale including an updated list of properties still available for sale, and a copy of the prescribed form of tender documents, go to the City of Hamilton web site at www.hamilton.ca/taxsaleproperties, or contact:

Rick Male,
Director of Financial Services,
Taxation,
City of Hamilton,
71 Main Street West,
Hamilton, Ontario L8P 4Y5
Attn: D. Kevin Beattie,
Tax Sales Officer
Tel. (905) 546-2424 ext. 4538
Fax (905) 546-2449

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.

Flipping for instant profit LIVE real estate training seminar (Crash Course)
Reserve your seat now at
www.Flipping4Profit.ca

Verified by MonsterInsights