Sale of Lands for Tax Arrears by Public Tender Mar 22,2018 Ontario tax sale properties Town of Wasaga Beach SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF WASAGA BEACH
TAKE NOTICE that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on March 22, 2018, at the Wasaga Beach Town Hall, 30 Lewis Street, Wasaga Beach Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Wasaga Beach Town Hall, 30 Lewis Street, Wasaga Beach.
Description of Land(s):
Roll No. 43 64 010 004 06302 0000; PIN 58959-0270 (LT); Pt Block A Plan 686 Sunnidale; Town of Wasaga Beach. File No. 16-08 Minimum Tender Amount: $7,228.95
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, crown interests, possession of abutting owners, availability of road access or any other matters relating to the land 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.
Transfers of properties in this jurisdiction that contain at least one and not more than six single family residences and are transferred to nonresidents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (NRST).
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, HST if applicable 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:
The Corporation of the
Town of Wasaga Beach
30 Lewis Street
Wasaga Beach ON L9Z 1A1
705-429-3844 Ext. 2241