Sale of land by Public Tender, St. Thomas – Ontario

municipal act, 2001
May 10,,2017 Ontario Tax Sale properties St Thomas
sale of land by public tender

The Corporation of the City of St. Thomas


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 May 10, 2017, at St. Thomas City Hall, 545 Talbot Street, St. Thomas, Ontario.

The tenders will then be opened in public on the same day at St. Thomas City Hall, 545 Talbot Street, St. Thomas, Ontario at 3:30 p.m.

Description of Land(s):

part of lot 20 plan 188 as in e430745; s/t e151398; st. thomas being the whole of PIN 35234-0176 (LT) and known municipally as 45 Victor Drive, St. Thomas, Ontario

Minimum Tender Amount:
$161,379.02

part of lots 13 & 14 s/s talbot st plan 1 as in e356014; s/t e390086; city of st. thomas being the whole of PIN 35228-0027 (LT) and known municipally as 98 Talbot Street, St. Thomas, Ontario

Minimum Tender Amount:
$10,045.44

LT 37 PL 184 st. thomas; st. thomas being the whole of PIN 35231-0053 (LT) and known municipally as 0 Rosebery Place, St. Thomas, Ontario

Minimum Tender Amount:
$3,689.47

pt lt 112 pl 70 yarmouth as in e386325; s/t interest in e386325; st. thomas being the whole of PIN 35174-0028 (LT) and known municipally as 80 St. Catharine Street, St. Thomas, Ontario

Minimum Tender Amount:
$14,650.52

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 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:

Sherry Kingswood
Tax Collector
The Corporation of the City of St. Thomas
545 Talbot Street
P.O. Box 520
St. Thomas, Ontario N5P 3V7

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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