Feb 24, 2021 Sale of Land for Tax Arrears by Public Tender Oshawa tax lien properties
The Corporation of the City of Oshawa
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 Wednesday, February 24, 2021, at the City Hall, 50 Centre Street South, Oshawa, ON L1H 3Z7.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City Hall, 50 Centre Street South, Oshawa, ON L1H 3Z7.
Feb 24, 2021 Sale of Land for Tax Arrears by Public Tender Oshawa tax lien properties Description of Land(s):
roll NO. 18 13 060 028 07229 0000, 74 marica Ave, oshawa, PIN 16284-0006 LT, LT 11 PL 964 oshawa; S/T OS205038; city of oshawa, file NO. TSR19-025-TT
Minimum Tender Amount: $31,059.25
According to the last returned assessment roll, the assessed value of the land is $372,000.
roll NO. 18 13 030 004 01500 0000, 214 dearborn Ave, oshawa, PIN 16316-0014 LT, LT 18 PL 164 east whitby; city of oshawa, file NO. TSR19-031-TT
Minimum Tender Amount: $20,328.77
According to the last returned assessment roll, the assessed value of the land is $281,000.
roll NO. 18 13 060 030 06314 0000, 1133 trowbridge Crt, oshawa, PIN 16279-0103 LT, PCL D-15 PL M1090; PT BLK D PL M1090, PT 21 40R3525 ; oshawa, file NO. TSR19-042-TT
Minimum Tender Amount:$27,905.22
According to the last returned assessment roll, the assessed value of the land is $294,000.
Tenders 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 (or board).
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 any taxes that may be applicable, such as a land transfer tax and HST.
15% Non-Resident Speculation Tax (NRST) applies to the purchase price for a transfer of residential property located in the Greater Golden Horseshoe Region which contains at least one and not more than six single family residences if any one of the transferees is a non-resident of Canada, foreign entity or taxable trustee.
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 visit: https://oshawa.bidsandtenders.ca if no internet access available, contact:
Kim Villeneuve,
Manager, Taxation Services
The Corporation of the City of Oshawa
50 Centre Street South
Oshawa, ON L1H 3Z7
905-436-3311 ext. 2695
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