July 13, 2016 Tax sale properties Temiskaming Shores – Ontario
Tax sale properties Temiskaming Shores – Ontario
Municipal Act, 2001
Sale of Land by Public Tender
The Corporation Of The City Of Temiskaming Shores
Take notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00p.m. local time on Wednesday, July 13, 2016 at the City of Temiskaming Shores Municipal Office, 325 Farr Drive, Haileybury, Ontario P0J 1K0.
Tenders will then be opened in public on the same day at the Municipal Office at 3:05p.m.
Roll No. 5418-010-003-00300
116 Paget Street
Plan M31NB, PT Lot 20, PT Lot 21, RP TER92 Part 4, Parcel 3260NND, Municipality of Temiskaming Shores
Medium Density Residential (R3) and Environmental Protection (EP)), Vacant Land with Existing Accessory Garage, Water/Sewer services available, year round access from Dymond Avenue
Assessment (2016): Rtes – 32,000
Minimum Tender Amount:$25,432.29
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.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under this 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.
Please refer to the applicable TAC # on the tender submission and ensure only one tender per envelope.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Corporation of the City of Temiskaming Shores
325 Farr Drive, P.O. Box 2050
Haileybury ON P0J 1K0
(705) 672-3363 ext: 4121
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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