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Sale of Land by public tender

The Corporation of the City of Timmins

Take notice that tenders are invited for the purchase of the Tax sale properties Timmins – Ontario land(s) described below and will be received until 3:00 p.m. local time on Monday November 7, 2016, at the Municipal Office, Finance Department. The tenders will then be opened in public on the same day at 3:15 p.m. in the Council Chambers.

Tax sale properties Timmins – Ontario

Tax sale properties Timmins - OntarioDescription of Land(s):

15-05 The Surface Rights only of Mining Claim E.D. 367 (13892), in the Township of Carmen, in the City of Timmins, District of Cochrane. Pin 65444-00336

Vacant Land – Percival St

Minimum Tender Amount: $2,824.06

15-07 The Surface Rights only of Lot 80, Plan M21S, in the City of Timmins, District of Cochrane. Parcel 11306 Whitney and Tisdale, Pin 65392-0156

Vacant Land – Percival St

Minimum Tender Amount: $2,641.84

15-08 The Surface Rights only of Lot 178, Plan M21S, in the City of Timmins, District of Cochrane. Parcel 11153 Whitney and Tisdale, Pin 65392-0133

Vacant Land–Haileybury Cres

Minimum Tender Amount: $4,303.11

15-09 The Surface Rights only of Part of Lot 9, Concession 6, as in C77068, in the Township of German, in the City of Timmins, District of Cochrane. Parcel 11766 South East Cochrane, Pin 65362-0445

Vacant Land

Minimum Tender Amount: $8,207.79

15-10 The Surface Rights only of Part of Lot 9, Concession 6, as in C197222, T/W C197222, S/T right in C100116, in the Township of German, in the City of Timmins, District of Cochrane. Parcels 17673 & 17674 South East Cochrane, Pins 65362-0447 & 65362-0448

Improved – 55 Bayside Dr

Minimum Tender Amount: $21,967.48

15-12 The Surface Rights only of Lot 384, Plan M30S, S/T reservation in S3231, in the City of Timmins, District of Cochrane. Parcel 813 Whitney and Tisdale, Pin 65404-0704.

Improved – 144-146 Third Ave

Minimum Tender Amount: $21,681.55

14-28 The Surface Rights only of the North ½ of Lot 567, Plan M30S, s/t reservation in S3231, in the City of Timmins, District of Cochrane. Parcel 616 Whitney and Tisdale, Pin 65404-0332.

Improved – 205 Sixth Ave

Minimum Tender Amount: $12,961.69

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 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:

Jean Feretycki
Chief Tax Collector

Susanne Mavor
Deputy Tax Collector

Elizabeth Charbonneau
Deputy Tax Collector
The Corporation of the City of Timmins
705-360-2633
220 Algonquin Blvd East
Timmins, Ontario P4N 1B3

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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