Ontario tax lien properties
sale of land by public tender
Ontario regulation 181/03
municipal tax sales rules
Ontario tax lien properties The Corporation of the Township of Red Rock 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 March 25, 2021, at the Township of Red Rock Municipal Office, 42 Salls Street, Red Rock Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Red Rock Municipal Office, 42 Salls Street, Red Rock.
Ontario tax lien properties Description of Land(s):
Roll No. 58 41 000 000 04200 0000; 5 Crutchfield Ave., Red Rock; PIN 62471-0050 (LT); LT 42 PL 780 nipigon S/T right in TBR186848; S/T TBR186848; redrock; File No. 19-01
According to the last returned assessment roll, the assessed value of the land is $11,200.00
Ontario tax lien properties Minimum Tender Amount:$12,190.33
According to the last returned assessment roll, the assessed value of the land is $45,500.00
Ontario tax lien properties Minimum Tender Amount: $18,157.80
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.
Except as follows, the municipality makes no representation regarding the title to, crown interests, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed. 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.
For further information regarding this sale and a copy of the prescribed form of tender contact:
The Corporation of the Township of Red Rock
42 Salls Street
Red Rock ON P0T 2P0
Phone: 807-886-2245 ext. 223/