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Ontario tax sale properties Welland

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND

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 September 27, 2017 at the Treasurer’s Office, City of
Welland, 60 East Main Street, Welland, Ontario.

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The tenders will then be opened in public on the same day at 3:15 p.m.
at City of Welland, 60 East Main Street, Welland, Ontario.

Sep 27,2017 Ontario tax sale properties Welland Description of Land(s):

Roll No. 2719 030 005 03200 0000
PIN 64107-0357 (LT)
PT LOT E PL 551, N/S DIVISION ST AS IN RO106530, S/T & T/W
RO106530; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 16.9 ft., Depth: 38.6 ft.
Municipal Address: 33 Hellems Ave
2017 Current Value Assessment – $17,800
Class: Commercial
Minimum Tender Amount: $24,653.84

(set out the cancellation price as of the first day of advertising)
Roll No. 2719 040 003 11400 0000
PIN 64116-0060 (LT)
BLK A PL 974; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 50.0 ft., Depth: 85.0 ft.
Municipal Address: 826 East Main St
2017 Current Value Assessment – $112,500
Class: Commercial
Minimum Tender Amount: $36,112.86

(set out the cancellation price as of the first day of advertising)
Roll No. 2719 050 005 10800 0000
PIN 64112-0163 (LT)
LT 47 & 48, PL 978, PT LT 46, PL 978 , AS IN RO448482: S/T
CR31326, Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 250.0 ft., Depth: 130.25 ft.
Municipal Address: 77 Golden Blvd
2017 Current Value Assessment – $185,000
Class: Commercial
Minimum Tender Amount: $104,270.67

(set out the cancellation price as of the first day of advertising)
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.

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Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001 and the Municipal
Tax Sales Act. The successful purchaser will be required to pay the
amount tendered plus accumulated taxes 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:

Steve Zorbas, CPA, CMA, B.Comm, DPA
General Manager, Corporate Services/
Chief Financial Officer/Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700
www.welland.ca

DISCLAIMER

We believe the information contained in this article to be accurate.
It is presented with the understanding that we are not engaged in rendering legal,
accounting, or investment advice. When professional assistance is required,
utilize the services of a licensed real estate broker, lawyer, accountant,
or other consultant as may be required.

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