municipal act, 2001
sale of land by public tender
Nov 28,2018 Ontario tax sale properties Bonfield
Ontario Regulation 181/03
Municipal Tax Sales Rules
The Corporation of the Township of Bonfield
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 28th of November, 2018 at the Township of Bonfield Municipal Office, 365 Highway 531, Bonfield, Ontario P0H 1E0.
The tenders will then be opened in public on the same day at 3:30 p.m. at the Township of Bonfield Municipal Office, 365 Highway 531, Bonfield, Ontario.
Description of Land(s):
Tender #TR2016/01
PCL 19438 SEC NIP; PT LT 3 CON 6 bonfield as in lt83732; S/T Row as in lt83732; bonfield; district of nipissing PIN 49118 – 0123 LT
Minimum Tender Amount:
$27,448.20
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 payable to the municipality (or board).
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.
If applicable, please check the following box:
□ The land(s) does(do) not include mobile homes situate on the land(s).
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.
The municipality has no obligation to provide vacant possession to the successful purchaser.
According to the last returned assessment roll, the assessed value of the land is $149,000.00 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:
Tax Collector
The Corporation of the Township of Bonfield
365 Highway 531,
Bonfield, Ontario P0H 1E0
705-776-2641
