Tax sale properties London – Ontario

Tax sale properties London – Ontario

Nov 19, 2015 Tax sale properties London – Ontario

Tax sale properties London – Ontario

MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF LONDON

TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be accepted if sealed in an envelope and clearly
marked with the PIN (Property Identification Number) and the Roll
Number of the property for which the tender is submitted. A separate
tender must be submitted for each property.

Tenders will be received ONLY at the City Tax Office, Room 407, City
Hall, City of London until 3:00 p.m. local time on Thursday, November
19, 2015. The tenders will then be opened in public at Committee Room
#3, 2nd floor, City Hall on the same day, immediately following the 3:00
p.m. deadline

 

Tax sale properties London Ontario: Description of Land(s)

1.Pt Lot 17, R.P. 19 and Lots 110 and 111, R.P. 483 as described in
Instrument No. 337445, City of London, County of Middlesex
PIN: 08108-0097 (LT)
Municipal Address: 1694 Evangeline St., London ON N5W 3G7
Roll No.: 39 36 030-280-135-00-0000
Minimum Tender Amount:$219,763.50

2.Pt Lot 15, East of Burwell Street, Plan 178 as described in Instrument
No. LT485092, City of London, County of Middlesex
PIN: 08316-0235 (LT)
Municipal Address: 266 Burwell St., London ON N6B 2V6
Roll No.: 39 36 050-110-049-00-0000
Minimum Tender Amount:$10,071.52

3.Part of Lot 24, South East Horton Street, R.P. 178 (E), designated as
Part 2, Plan 33R7742, City of London, County of Middlesex
PIN: 08316-0187 (LT)
Municipal Address: 126 Hamilton Rd., London ON N6B 1N3
Roll No.: 39 36 050-090-077-00-0000
Minimum Tender Amount:$76,818.99

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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.

The municipality makes no representation regarding the title or any
other matters relating to the land to be sold, including but not limited
to the potential existence of environmental contamination, estates and
interests of the federal or provincial governments or their agencies,
easements and restrictive covenants, and interests acquired by adverse
possession. 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,
GST/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 the following staff:

Supervisor – Tax Collections
(519) 661-2500 ext 4543
The Corporation of the City of London
Tax Sale Section
City Tax Office, Room 407
300 Dufferin Ave
London ON N6B 1Z2

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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