Tax Sale properties Magnetawan, Ontario

Tax Sale properties Magnetawan, Ontario

Apr 5, 2016 Tax Sale properties Magnetawan, Ontario

Tax Sale properties Magnetawan, Ontario

Sale of Land for Tax Arrears By Public Tender
Ventes de terrains par appel d'offres pour arriéré d'impôt

MUNICIPAL ACT, 2001, AS AMENDED

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF
THE MUNICIPALITY OF MAGNETAWAN

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 the 5th
day of April, 2016, at the Municipal Offices, 4304 Highway 520, Box 70,
Magnetawan, Ontario, P0A 1P0.

The tenders will then be opened in public on the same day at 3:30 p.m.
at the Magnetawan Community Centre, 4304 Highway 520, Magnetawan,
Ontario, P0A 1P0.

Description of Land(s):

1. LT 24, W/S RICHMOND ST, PL 319; MAGNETAWAN. BEING
PART OF PIN 52081-0736 (LT). Roll # 49 44 020 002 08500.
Minimum Tender Amount: $4,424.10

2. LT 23, W/S RICHMOND ST, PL 319; MAGNETAWAN. BEING
PART OF PIN 52081-0736 (LT). Roll # 49 44 020 002 08600.
Minimum Tender Amount: $4,421.98

3. LT 22, W/S RICHMOND ST, PL 319; MAGNETAWAN. BEING
PART OF PIN 52081-0736 (LT). Roll # 49 44 020 002 08700.
Minimum Tender Amount: $4,414.74

4. LT 23, E/S MILLER ST, PL 319; MAGNETAWAN. BEING PART
OF PIN 52081-0736 (LT). Roll # 49 44 020 002 10400.
Minimum Tender Amount: $4,416.58

5. PCL 5432 SEC SS; PT LT G E/S BIDDY ST, PL 319, PT 1 42R15600;
MAGNETAWAN. BEING ALL OF PIN 52081-0157 (LT). Roll # 49
44 020 001 02400.
Minimum Tender Amount: $13,207.18

6. PT LT 2, W/S NORTH SPARKS ST, 3 W/S NORTH SPARKS ST,
PL 319 AS IN RO187302 EXCEPT RO109265; MAGNETAWAN.
BEING ALL OF PIN 52081-0653 (LT). Roll # 49 44 020 001 05100.
Minimum Tender Amount: $13,913.89

7. PCL 9864 SEC SS; BLK G, PL M230; MAGNETAWAN. BEING
ALL OF PIN 52080-0103 (LT). Roll # 49 44 010 001 40910.
Minimum Tender Amount: $3,891.80

8. PCL 20163 SEC SS; LT 26 W/S PATRICK ST, PL 319;
MAGNETAWAN. BEING ALL OF PIN 52081-0088 (LT). Roll # 49
44 020 002 23500.
Minimum Tender Amount: $3,819.18

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 (or
board) 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(s) to be sold.
Responsibility for ascertaining these matters rests with the potential
purchasers.

This sale is governed by the Municipal Act, 2001, as amended, and the
Municipal Tax Sales Rules, as amended, 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.

Note: H.S.T. may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed
form of tender, contact:

Linda Saunders
Treasurer-Tax Collector
The Corporation of
The Municipality of Magnetawan
4304 Highway 520, Box 70
Magnetawan, Ontario, P0A 1P0
(705) 387-3947
www.magnetawan.com

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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