Jun 8, 2016 Tax sale properties Markham – Ontario
Tax sale properties Markham – Ontario
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 June 8, 2016, at the Clerk’s Department, City of Markham Municipal Office, Main Level, 101 Town Centre Blvd., Markham Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City of Markham Municipal Office, 101 Town Centre Blvd., Markham.
Roll No. 19 36 020 136 60640 0000; PIN 03047-0723(LT); Block 70, Plan 65M3459; Markham; File No. 14-32
Minimum Tender Amount:$8,291.57
Roll No. 19 36 020 111 24000 0000; Steelcase Rd W, Markham; PIN 03004-0024(LT); Parcel S-1 Section M1707; Block S Plan M1707; S/T MA90250; S/T LA603664 Markham; File No. 14-70
Minimum Tender Amount:$8,566.49
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 lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
The lands were previously advertised for a sale to be held on the 7th day of April, 2016 but the sale was postponed.
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 how to obtain a prescribed form of tender, visit: http://www.markham.ca or if no internet access available, contact:
Manager of Tax and Cash Management
The Corporation of the City of Markham
101 Town Centre Blvd.
Markham ON L3R 9W3
(905) 477-7000 ext. 4726
Tax Sales are not typical real estate transactions. If you are considering participating in a tax sale, it is highly recommended that you seek independent legal advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada.
In addition, it is not permitted to enter upon a property that is advertised for tax sale. These are not typical real estate transactions. Entering upon a property advertised for tax sale proceedings is considered to be trespassing.
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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