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municipal act, 2001

sale of land by public tender

Ontario regulation 181/03

municipal tax sales rules

The Corporation of the Town of Northeastern Manitoulin and the Islands

The Corporation of the Town of Northeastern Manitoulin and the Islands take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on February 17, 2021, at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current.

Description of Land(s):

Roll No. 51 19 040 006 12200 0000; Bay Estate Rd. S. Sheguiandah; PIN 47135-0352 (LT); PT LT 26-27 CON 10 sheguiandah PT 29 RR87; T/W T17527; NE manitoulin & islands; File No. 19-01

Ontario tax liens sale The Corporation of the Town of Northeastern Manitoulin and the IslandsAccording to the last returned assessment roll, the assessed value of the land is $13,500

Minimum Tender Amount:
$4,295.09

Roll No. 51 19 040 006 38782 0000; 1392 Bay Estates Rd. S, Sheguiandah; PIN 47135-0013 (LT); PCL 2563 SEC manitoulin; LT 13 PL 31M205; NE manitoulin & islands; File No. 19-04

According to the last returned assessment roll, the assessed value of the land is $180,000

Minimum Tender Amount: $12,943.37

Roll No. 51 19 040 001 11400 0000; PIN 47124-0104 (LT); PT LT 17 CON 3 howland as in RM49302; S/T & T/W RM49302; NE manitoulin & islands; File No. 19-07

According to the last returned assessment roll, the assessed value of the land is $8,000

Minimum Tender Amount: $4,052.94

Roll No. 51 19 040 002 11100 0000; PIN 47120-0172 (LT); PT LT 27 CON 3 howland as in T18235; S/T & T/W T18235; NE manitoulin & islands; File No. 19-08

According to the last returned assessment roll, the assessed value of the land is $8,000

Minimum Tender Amount: $3,856.19

Roll No. 51 19 040 002 15000 0000; PIN 47120-0230 (LT); PT LT 30 CON 3 howland as in T16565; S/T & T/W T16565; NE manitoulin & islands; File No. 19-13

According to the last returned assessment roll, the assessed value of the land is $8,000

Minimum Tender Amount: $3,837.49

Roll No. 51 19 040 008 06600 0000; 240 Rosewood Lane, Sheguiandah; PIN 47125-0370 (LT); PT LT 17 CON 9 bidwell PT 2 & 3, 31R616, PT 1, 31R1527; T/W RM76736; NE manitoulin & islands; File No. 19-21

According to the last returned assessment roll, the assessed value of the land is $350,000

Minimum Tender Amount: $21,153.85

Roll No. 51 19 010 002 01500 0000; Sackville Island; PIN 47145-0007 (LT); PCL 515 SEC manitoulin; summer resort location comprising SLY portion of sackville island JD1646 situate in bayfield sound as further described in PIN; NE manitoulin & islands; File No. 19-22

According to the last returned assessment roll, the assessed value of the land is $224,000

Minimum Tender Amount:$16,041.93

http://www.flipping4profit.ca/newsletterTenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

Except as follows, the municipality makes no representation regarding road accessibility, the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

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 any taxes that may be applicable, such as a land transfer tax and HST.

The municipality has no obligation to provide vacant possession to the successful purchaser.Real Estate Investors

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale contact:

Sheryl Wilkin,
Treasurer
The Corporation of the Town of Northeastern Manitoulin and The Islands
14 Water St. E., P.O. Box 608
Little Current ON P0P 1K0
705-368-3500 ext. 222
www.townofnemi.on.ca
swilkin@townofnemi.on.ca

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