Sale of Lands for Tax Arrears by Public Tender Oct 17,2018 Ontario Tax Sale properties Wilmot SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF WILMOT
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 October 17, 2018, at the Township of Wilmot Municipal Office (Administration Complex), 60 Snyder’s Road W., Baden Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office (Administration Complex), 60 Snyder’s Road W., Baden.
Description of Land(s):
Roll No. 30 18 030 004 04905 0000; 1515 Mannheim Rd., Petersburg; PIN 22186-0189 (LT); Part Lot 2 Concession S of Bleam’s Rd Wilmot as in 945916; S/T execution 99-01974, if enforceable; Wilmot; File No. 17-02
Minimum Tender Amount: $28,111.58
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 or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
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 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:
Manager of Accounting
The Corporation of the Township of Wilmot
60 Snyder’s Road W.
Baden ON N3A 1A1
519-634-8519 Ext. 225